Senior Risk Officer

The Agency

The Agency is recruiting for a Senior Risk Officer on behalf of a highly regarded banking industry client in Cayman.

The Senior Risk Officer will be critical in implementing the Credit Risk Management Framework, including limit monitoring and reporting, and communicating risk policies and processes for the organisation. They will provide hands-on development of risk models involving market, credit and operational risk, assure controls are operating effectively, and provide research and analytical support. The applicant must have excellent quantitative and analytical skills, along with the ability to apply those skills across a variety of business processes.

Key functions:
  • Designing and implementing an overall risk management framework for the organisation, which includes an analysis of the financial impact on the company when risks occur.
  • Ensure processes for reporting and managing risks are followed.
  • Identify and mitigate risks to a company's assets, reputation, and interests.
  • Write reports and inform senior management of risks identified and resolved
  • Analyse current risks and identify potential risks to the company.
  • Evaluate the company’s previous handling of risks and comparing potential risks with criteria set out by the company such as costs and legal requirements.
  • Review company’s policies and procedures to ensure compliance with all non-AML/CDD related Cayman Islands Monetary Authority Rules, Statements of Guidance and Cayman Islands regulatory laws applicable to Banks.
  • Bachelor’s/University degree or equivalent experience
  • Analytical problem solving sufficient to guide associates in major analysis function and structuring credits.
  • A minimum of 5 years of banking experience working within a risk management role
  • Knowledge of the regulatory laws, rules, statement of guidance and best practice for Banks operating in the Cayman Islands
  • Professional Risk Management certification such as FRM, CFA would be advantageous
Salary: US$60,000-US$82,000 per annum plus benefits

If this sounds like a good match for you and you would like to learn more, we would welcome your application. Go ahead and apply.