www.sdb.lk
Vacancy
We, SDB bank are a leading licensed specialized bank that has recorded a
sustainable growth over the past decades and have marked impactful presence in
our chosen markets. To steer our accelerated expansion; we are looking for dynamic,
self-motivated and career-oriented person to join the SDB Team to be a part of bank’s
growth story.
We are in the search for an individual who is passionate and has experience in
Integrated Risk Management Sector of the Bank.
Chief Risk Officer
The Chief Risk Officer (CRO) develops, implements, monitors, and maintains an efficient
and effective Risk Management Program supporting the Bank’s strategic risk
management approach to capital adequacy and asset and liability management of the
Bank. The incumbent is accountable for risk management operations including the
integration of risk concepts into strategic planning, and risk identification and mitigation
activities. A main priority of the CRO is to ensure that the Bank is in full compliance with
applicable regulations, analyze all risk-related issues, and recommend improvements,
modifications, and new procedures where controls are needed. The position is directly
reporting to CEO.
Duties &responsibilities:
Oversee the Risk Management, Compliance, BSA/AML, CRA and Security functions
Create an integrated risk framework for the entire organization, develop strategies and plans to anticipate, assess,
and mitigate risks
Implement and oversee the Risk Management Program with appropriate reporting to the BIRMC
Administer information security and fraud prevention activities
Oversee preparation of the Information Technology Risk and Security Assessment including a cyber-security assessment
Administer the Business Continuity Plan and Vendor Management programs
Prepare the annual Risk Assessment for submission to the BIRMC including Key Risk Indicator reports
Evaluate compliance with policies, procedures, processes, laws and regulations
Review risk assessments prepared by all areas of the Bank
Recommend improvements, modifications, and new procedures to mitigate risk and address inadequate or weak controls
Participate in strategic planning, capital stress testing, appropriate Credit Committees, ALCO and Audit Committee
Keep informed of industry changes, trends, and best practices, and assess the potential impact on processes and procedures
Competency required:
Use of critical thinking, logic, and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions,
Or approaches to problems
Thorough analysis of information and use of logic to address complexity of data and information
Monitoring and assessing the performance of the organization to make improvements or take corrective action
Ability to effectively present information and respond to inquiries from the board of directors, senior management, regulator,
government agents, attorneys, vendors, employees, and the general public
Experience and Qualifications:
MBA from a recognized university
A bachelor’s degree specíalized in accounting/Finance/Management from a recognized university
In depth knowledge on accounting standards (SLAS/1FRS), international best practices in banking and BASEL guidelines
Minimum 8 to 10 years of progressively responsible experience with risk, compliance, or legal in a bank or financial institution.
Hands-on experience in risk function at a senior Managerial level
High level of conceptual and analytical skills
Demonstrate good communication and excellent organization skills and IT literacy
An attractive remuneration package commensurate with experience and fringe benefits in par with the
industry standards is available for the right person. Interested candidates are invited to submit their
curriculum vitae within 07 days of this advertisement to [email protected] mentioning the position on the
subject line of the e mail. Kindly note that only shortlisted candidates will be contacted.
SDB bank,
No. 12, Edmonton Road, Kirulapone, Colombo 06.
Email: [email protected]
Web: www.sdb.lk
SDBbank
SANASA Development Bank PLC isa licensed specialized bank, supervised by the Central Bank of Sri Lanka. Fitch Rating BB* (stable), Reg No: PB62PQ
