Chief Risk Officer - Mobile Money

Job Purpose:

The Chief Risk Officer (CRO) is responsible for overseeing the mobile money's risk management function, ensuring the identification, assessment and management of all risks faced by the entity. The CRO is responsible for the development and implementation of the mobile money's risk management framework and policies, as well as for monitoring and reporting the risk profile to the Senior Management.

Key Responsibilities:

- Develop and implement the mobile money's risk management framework, policies and procedures, in accordance with relevant regulations, standards and best practices.

- Lead and manage the risk management function, including credit risk, market risk (including interest rate risk), operational risk, liquidity and compliance risk.

- Monitor and assess the overall risk profile, including risk appetite, risk exposures and risk controls and provide regular reports to the Senior Management.

- Develop and maintain effective relationships with key internal and external stakeholders, including regulators, auditors and rating agencies.

- Ensure that the risk management function is adequately staffed, resourced and trained to meet its objectives.

- Provide expert advice and guidance on risk management issues to the Senior Management and other stakeholders.

- Develop and maintain a risk culture within the entity, promoting risk awareness and effective risk management practices across all levels of the organization.

- Lead or participate in special projects or initiatives related to risk management as required.

Qualifications and Skills:

- Bachelor's degree in Finance, Economics, Business Administration or a related field; Master's degree preferred.

- At least 10 years of experience in risk management, with a proven track record of leading and managing a risk management function in a financial institution/Mobile money.

- Excellent knowledge of relevant regulations, standards and best practices related to risk management in the sector.

- Strong analytical, problem-solving and decision-making skills, with the ability to provide clear and concise advice and guidance on complex risk management issues.

- Excellent communication and interpersonal skills, with the ability to build effective relationships with internal and external stakeholders at all levels of the organization.

- Strong leadership and people management skills, with the ability to motivate and develop a team of risk professionals.

- Professional certification in risk management or a related field is desirable.