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:

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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 Head of Enterprise Risk

All applications and copies of certificates should be submitted to Human Resources department by end of 08^th 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: [email protected]

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