AVP - Risk Strategy & Governance - BFS

1.Regulatory Risk Management:

- Monitor and interpret evolving regulatory requirements affecting the organization.

- Conduct gap analyses to identify areas of potential non-compliance.

- Develop and implement strategies to address regulatory risks.

- Liaise with regulatory bodies and internal stakeholders to ensure alignment with regulatory expectations.

2. Enterprise Risk Management:

- Contribute to the development and enhancement of the organization's ERM framework.

- Facilitate risk assessment workshops and interviews with business units.

- Identify, assess, and prioritize risks across the organization.

- Develop and maintain risk registers and risk heat maps.

- Collaborate with business units in risk identification and implementing risk mitigation strategies.

3. Risk Reporting:

- Design and produce regular risk reports for senior management.

- Develop key risk indicators (KRIs) and monitor their performance for the Risk Strategy and Governance function.

- Analyse risk data and trends to provide meaningful insights and interpretation.

- Create ad-hoc reports to address specific risk concerns or inquiries.

4. Policy and Procedure Development:

- Draft, review, and update risk management policies and procedures.

- Ensure alignment of policies with regulatory requirements and industry best practices

- Collaborate with various departments to implement and communicate policy changes maintain an up-to-date Risk Inventory

5. Risk Governance Support:

- Provide support to risk committees, external meetings of the CRO and Head Risk Strategy & Governance

- Prepare meeting materials, including agendas, presentations, and minutes including liaison.

- Follow up on action items and track progress on risk-related initiatives.

- Keep abreast of industry trends and emerging risks, sharing insights with relevant stakeholders.