Job Description
An exciting opportunity for a RISK Manager has arisen within our Risk Department. Qualified and experienced candidate are encouraged to apply.
The purpose of the job is to manage and implement the Microbank’s risk strategy.
Duties and Responsibilities
Develop and implement Enterprise-wide Risk Management methodologies
and models and institutes policies and guidelines.
❖ Identify, quantify, monitor, and control the microbank's risk through development and management of a company- wide Risk register.
❖ Establish the microbank's Risk Appetite Framework and recommend for Board approval.
❖ Coordinate the drafting and updating of risk policies and procedures.
❖ Develop the risk assessment criteria (RAC) for use in drafting corporate and departmental risk registers.
❖ Lead the risk mitigation and internal control policies and procedures in the microbank.
❖ Report periodically to the Board, Oversight Committee and EXCO on key risk metrics, risk accountabilities as well as the adequacy and
effectiveness of the risk management policies and procedures.
❖ Participate in strategy formulation through performing risk assessment on the microbank’s likelihood to achieve the set targets.
❖ Administer enterprise-wide business impact analyses (BIAs) and coordinate the development and updating of the microbank's business
continuity plan (BCP) for approval by the Board.
❖ Evaluate compliance with the set risk appetite and tolerances, approved exposure limits and authorization levels and recommend remedial
action in case of non-compliance.
Qualifications and Experience
Bachelor’s Degree in a relevant discipline such as Banking, Finance, Mathematics, Statistics, Operational Research, Actuarial Science,
Economics, Accounting or similar qualification from a recognized institution.
❖ Risk Management related professional certification e.g. FRM, PRM, CERM, CFA, CRMP is an added advantage
❖ A Master’s Degree, preferably quantitative in a relevant discipline, such as Risk Management, Finance, Banking, Financial Engineering,
Statistics, Operations Research, is an added advantage.
❖ 3 – 5 years’ experience in Risk Management, Audit or Compliance environment, 3 of which should be at Managerial level dealing with
Enterprise-wide Risk Management.
❖ Advanced and specialized training in risk management and statistical skills, data mining and financial analysis.
❖ Strong knowledge of the legal and regulatory framework for financial sector
How to Apply
All applications addressed to hr@empowerbank.co.zw must be received no later than the 7th July 2025 clearly stating RISK MANAGER on the subject matter. Certified copies of academic and professional qualifications must accompany all applications.
