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POSITION TITLE: CHIEF RISK REFORMS OFFICER - FFMA
GRADE: PL-3
POSITION N°: NA
REFERENCE: ADB/11/151
PUBLICATION DATE: 16/09/2011
CLOSING DATE: 16/10/2011
OBJECTIVES
The role of the Financial Management Department is to lead the development and promulgation of finance and risk management policies and guidelines for the Bank Group, to ensure internal consistency of all financial policies and guidelines including those initiated and developed by other business units, and to monitor and report on compliance thereof. The Department is also responsible for preparing, updating, and implementing strategic plans within the framework of the Bank’s overall strategic plan.

DUTIES AND RESPONSIBILITIES
Under the supervision of the Director of FFMA and working closely with the Division managers, the Risk Reform Officer will perform the following duties and responsibilities:
Drive the implementation of Risk management reforms and coordinate the deliverables of the various divisions under the reform agenda;
Communicate the reforms requirements and obtain input from the contributing department;
Support the continued adoption of best risk management practices and standards in the Department activities and throughout the Bank;
Ensure the secretariat activities of the credit Risk committee;
Provide advisory services to the various  VPUs (Operations on exposure related matters, Sectors-Credit Risk, FNVP Financial Risks) through well documented and prepared communication packages towards implementing of risk management reforms;
Improve key “framework” of credit risk management and provide guidance to BAG teams for risk infrastructure and tools;
Develop innovative Treasury risk management framework and plans;
Advise and prepare Risk Awareness and Advocacy program for risk takers to ensure common goals and shared interest of the financial solidity of the institution are mainstreamed in the Bank’s business;
Co-ordinate the periodic reporting on FFMA division work programs
Selection Criteria

INCLUDING DESIRABLE SKILLS, KNOWLEDGE AND EXPERIENCE
At least a Master’s Degree or equivalent in finance, accounting, risk management or related disciplines
A professional qualification in one of these fields is an added advantage.
Preferably a minimum of seven (7) years of relevant experience related to risk management policies, methods, tools and framework;
Very good knowledge of processes and systems for treasury and commercial risk management;
High level knowledge and understanding of the Bank’s business model, lending strategies, policies, guidelines and procedures
Ability to provide technical expertise for the implementation of effective risk management programs
Ability to coordinate and guide institutional activities related to the development and implementation of an ERM framework
Capacity to drive changes and revisions of risk management related policies and guidelines
Excellent verbal and written communication skills in English/French, with a working knowledge of the other language;
Competence in the use of standard software of the Bank (word, excel, power point, etc.)

CLICK LINK TO APPLY
http://www.afdb.org/en/careers/current-vacancies/vacancy/chief-risk-reforms-officer-ffma-1023/