Chief Risk Officer

Our l client in the Banking and Short-term Lending industry is looking for a **Chief Risk Officer** to join their team. The Chief Risk Officer is a pivotal role overseeing the implementation of the group’s risk and compliance strategy within the company. As a second-line risk function, you'll provide oversight over the full risk spectrum including credit
- risk, operational risk, market, interest rate, liquidity risk, and IT security. In addition, the function owns the compliance and forensics functions in the business.

The role drives a risk-awareness culture, contribute to strategic decision-making, and collaborate with internal and external stakeholders, including regulators.

**Minimum Requirements**:

- Significant financial services exposure in a Lending and Banking environment.
- Extensive credit risk management experience with a proven track record of oversight, delivery, and collaboration.
- Strong first-line business and credit experience is essential.
- Degree and post-graduate professional qualification in audit/accounting/risk/compliance or a related area.
- 8-10 years' relevant experience, including at least 5 years at a credit risk leadership level.
- Excellent written and verbal communication skills.
- Solid integration and strong credit risk analytical abilities

**Responsibilities / KPI’s**

**Relationship Building**:

- Cultivate and manage relationships with internal and external stakeholders.

**Risk & Compliance Management**:

- Analyse and monitor risks, providing second-line assessments and reports to the Risk Committees and Board structures.
- Ensure compliance with applicable laws, regulations and Group risk and compliance policies.

**Stakeholder Management**:

- Keep the Board informed of relevant risks and mitigating actions.
- Manage relationships with third parties, regulatory bodies, investors, and auditors.
- Facilitate the annual review of risk profiles for the company and related businesses.

**Strategy Development and Alignment**:

- Participate in risk strategy and planning for the Group.
- Develop risk strategy for SA Lending and transactional businesses.
- Assist in developing Risk Appetite in line with the Group Risk Strategy.

**Risk Assurance**:

- Act as Risk Executive for a specific Segment.
- Monitor and report on the effectiveness of processes in relation to the Group Risk Governance Framework.
- Focus on significant risks and their management within appetite, simplifying and integrating risk management processes.

**Risk Culture Change Agent**:

- Provide leadership that fosters risk ownership and accountability in Line 1.
- Influence business to incorporate risk-based thinking in decision-making.

**Team Effectiveness**:

- Ensure the Risk Team remains closely engaged with the business.
- Collaborate with other Risk Centres of Excellence and assurance providers.
- Balance priorities while guiding and motivating the team for optimal performance.
- Plan and assign work, select, and grow staff to strengthen team capability.

**Additional Responsibilities**:

- Coordinate the development of the fraud prevention strategy.
- Develop, manage, and refine qualitative and quantitative risk reporting.
- Implement and enhance the risk framework across the business.
- Support a culture of informed risk-taking through embedding the agreed risk framework into decision-making.
- Implement an Enterprise Risk Management framework aligned with the the Group framework.
- Provide constructive challenge alongside Risk Committee structures.

**General**:

- _In keeping with our client’s employment equity requirements, only South African citizens will be considered._
- _Please include your current salary and salary expectations._