Risk Officer at Bonzali Rural Bank Limited

Bonzali Rural Bank Ltd formally Kumbungu Rural Bank is the premier Rural Bank in Northern Region established in 1990 under the Banking Act. 2004 – 673 to provide a comprehensive range of financial services to the rural poor communities as well as personal customers and the small-scale enterprises.
Bonzali Rural Bank has carved a niche for itself its period of operation and has been the leading rural bank in the Northern Region. It has won enviable and prestigious awards including the best Rural Bank in the three Northern Regions (Northern, Upper East and West).
Currently, Bonzali Rural Bank has nine agencies and two microfinance department.

Bonzali Rural Bank Limited is seeking to recruit a Risk Officer.

Job Summary

Identifying, measuring, dealing with, and reporting risks, helping increase approaches to better evaluate enterprise-precise danger, tracking essential, as well as crucial threat problems, and conducting risk and compliance

Duties and Responsibilities:

• Monitoring and assessing the effectiveness of risk controls and procedures in the financial institution
• Help in regulating, monitoring, and reviewing control methods and reporting on subjects regarding exposures to control and record deviations from set limits and exceptions to policies to the top of threat and compliance for appropriate actions.

• Perform monthly risk test on risk portfolio for impact on profitability, capital adequacy, and liquidity
• Establish key risk signs (KRis) to assist in tracking key risks areas within the bank
• Recording and reporting all-risk incidents to the Head of Risk and compliance
• Access and provide risk comments on loan applications and recommend controls to mitigate those risks
• Ensure strategies are within the bank’s risk appetite and profitability

Required Talents/Capabilities:

• Working knowledge of credit risk modelling analytics, credit risk portfolio management, or credit risk strategy development
• Excellent communication competencies to jot down precise but concise analyses on selected areas of the bank.
• Effectively prioritize workload and deal with multiple tasks. It is also useful in undertaking conferences with all stages of organization employees, together with senior management
• The competence to analyze a number of situations and develop suggestions on the best course of action.

Qualification Required & Experience

Education and Experience:

• A minimum of a Bachelor’s degree in Actuarial Science, Economics, Statistics, Finance, Risk Management, or a related area of study is preferred
• A minimum of three (3) years of experience in a similar role required

Location: Kumbung, Tamale, Northern Region

How To Apply