Business Risk Manager

Position Overview

• The Business Risk Manager plays a critical role in identifying, assessing, and mitigating enterprise-wide risks across business lines and support functions.
• Working closely with senior stakeholders, the role ensures that risks are appropriately understood, monitored, and managed in alignment with the Bank’s risk appetite, regulatory expectations, and strategic objectives.
• Ideal candidates will possess a robust understanding of risk frameworks, strong analytical skills, and the ability to communicate risk insights effectively to diverse audiences.

Responsibilities

• Risk Framework:
  • Supports the setup, operation and maintenance of a consistent and effective Business Risk Management framework – in close coordination with the CRO functions. This includes matters specifically related to front-related risk governance, remediation, policy standards, training and audit.
• Risk Assessment and Reviews:
  • Provides risk input to business initiatives/cases
  • Identifies risks, reviews and challenges, processes, systems, people and proposes mitigation measures
  • Supports Head BRM on thematic and business specific risk reviews
  • Makes significant risks transparent to management and ensures mitigation or acceptance are recorded
• Reporting:
  • Contributes to Management Reporting
  • Participates in Market Management Committees w/r to Risk Management topics
  • Highlights misconduct to Front Management
  • Highlights breaches to Head BRM
• Interaction with Stakeholders:
  • Ensures close and systematic collaboration/information flow between the 1st LoD and the 2nd/3rd LoD
  • Supports supervisory reviews
  • Supports audits and internal/external reviews
• Regulatory Responsibilities / OR Risk Management:
  • Demonstration of appropriate values and behaviours including but not limited to standardisation, honesty and integrity, due care and diligence, fair dealing (treating customers fairly), management of conflicts of interest, compliance with applicable laws and regulations
  • Initiates appropriate measures together with stakeholders in case of negative review results (where defined appropriate)
  • Defines and monitors internal risk management measures, conducts risk campaigns
  • Identifies awareness/training needs, contributes to risk training and awareness campaigns on the frontline
  • Analyses front-to-back processes from a risk perspective
  • Supports monitory risks, manages incidents and remediation measures/projects
  • Supports and ensure front related audit issues (regulator, external auditors and GIA) are closed

Requirements

• Sound understanding of risk management concepts within a banking environment; prior experience in a risk and control function (Risk, Compliance, or Internal Audit) is highly regarded.
• Proficiency in risk management frameworks and methodologies
• Knowledge of compliance frameworks and regulatory expectations in banking is a strong advantage although not strictly required as on-the-job training and coaching can be offered.