Financial Risk Manager

Role Overview

Britam is seeking a Financial Risk Manager to strategically oversee capital adequacy, liquidity, and market risk while ensuring compliance with regulatory standards and organizational objectives. The role involves identifying, evaluating, mitigating, and monitoring financial risks and implementing robust risk management frameworks to support the Group's strategic imperatives.

Key Responsibilities

Strategic Oversight:

• Monitor and manage all financial risk activities, including capital adequacy, liquidity, and market risks.

• Implement and enforce liquidity, counterparty risk, and market risk policies and frameworks.

• Conduct financial risk stress testing and ensure risks align with established appetite levels.

Risk Framework Management:

• Lead and manage projects related to the Group's market risk framework.

• Develop and recommend risk management tools, measures, and internal controls.

• Ensure limits and risk frameworks align with regulatory requirements and strategic objectives.

Reporting and Communication:

• Prepare financial risk reports for ALCO, EXCO, and the Board Audit & Risk Committee.

• Develop comprehensive stress test scenarios for key market risks and ensure periodic stress testing.

• Communicate risks to senior management and the Board using clear and concise presentations.

Operational Excellence:

• Oversee daily monitoring, capturing, controlling, and reporting of the Group’s financial risks.

• Collaborate with stakeholders to identify and address risk issues in new products or projects.

• Drive continuous improvement of internal controls and risk management frameworks.

Qualifications and Experience Required

• Bachelor’s degree in Finance, Business Administration, or related field.

• Accreditation in Financial Risk Management or Actuarial Certification is mandatory.

• Minimum of 5 years’ experience in risk management, with 2-3 years in a managerial role.

• Experience in financial risk management within the financial services sector.

Technical Competencies:

• Knowledge of insurance regulatory requirements and products.

• Strong sales and marketing management skills.

Additional Details:

• Job Level: Manager

• Shift: Day Job

• Application Deadline: December 8, 2024

• Number of Openings: 1

Ready to Apply?

Click here to submit your application and take the next step in your financial risk management career with Britam!

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