Job Opportunity at Bank of Africa Tanzania, Head of Enterprise Risk

Head of Enterprise Risk

Location: Head Office Reporting to Managing Director

Summary of Responsibilities:

• To facilitate the execution of Enterprise Risk Management (ERM) processes and infrastructure as a key enabler to achieving the business objectives of the bank sustainably.

Scope of Duties:

• To integrate risk management within the strategy development process of the bank.
• To develop and communicate risk management policies, risk appetite and risk limits of the bank
• To continuously monitor the Bank’s critical risks and develop risk mitigation strategies to respond to these risks
• To establish, communicate and facilitate the use of appropriate Enterprise Risk Management methodologies, tools and techniques to effectively manage the risks of the bank
• To work with business units to establish, maintain and continuously improve risk management capabilities and support business sustainability
• To facilitate enterprise-wide risk assessments and monitor priority risks across the bank

To implement risk reporting to the Executive Committee, Board and Senior Management

To ensure effective alignment between the Enterprise risk management process, internal Audit and risk financing

To initiate regular risk management education and training across the Bank

To assist the Directorate, Executive Committee, and the Assets and Liabilities Committee with capital and resource allocation decisions

To provide an independent view regarding proposed business plans and transactions

To develop project risk management capabilities within the Bank

To develop and implement an IT Risk strategy to support Enterprise Risk Management

To determine the risk-bearing capacity of the bank and advise on self-insurance portfolio options as in keeping with risk management strategy, including financing options for the cost of risk retention

And any other duties that may be assigned.

Academic/Professional Qualifications:

• Bachelors’ degree in a Business, Finance, Statistics, Mathematics, Economics, Accounting or other quantitative fields
• Masters’ Degree or Professional Qualifications in relevant fields e.g. finance, ICT security, banking is desirable
• 8 years’ experience in Business (preferably Banking); 3 of which should be at senior management level
• Strong grasp of Enterprise Risk Management principles and philosophy
• Competence Requirements:
• 
  
• Solid grasp and interpretation of industrial and national economic trends
• Strong strategic and conceptual skills
• Proven leadership and people management skills
• Solid business acumen a nd fi nancial skills
• Strong analytical and problem solving skills
• Strong decision-making, conflict resolution and problem solving skills
• Strong presentation skills, verbal and written communication skills,
• Team player with strong interpersonal skills
• Stakeholder management.
• Ability to work under pressure and exercise excellent judgment
• Integrity and professionalism

How to apply

All applications and copies of certificates should be submitted to Human Resources department by end of 08th October 2021 through;

THE HUMAN RESOURCES DEPARTMENT

BANK OF AFRICA – TANZANIA

NDC DEVELOPMENT HOUSE

OHIO / KIVUKONI STREET

P.O Box 3054

DAR ES SALAAM

TANZANIA.

Or through email: hr@boatanzania.com

NOTE: We shall communicate to only shortlisted candidates who meet all the requirements above.