Latest News

Home / News /


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]


SANASA Development Bank PLC isa licensed specialized bank, supervised by the Central Bank of Sri Lanka. Fitch Rating BB* (stable), Reg No: PB62PQ

உங்கள் கருத்துக்கள் மற்றும் நண்பர்களுடன் பகிருங்கள்.

Leave a Comment


Thank you. You have successfully subscribed to the newsletter

There was an error while trying to send your request. Please try again.

Buy & Sell Everything You Want will use the information you provide on this form to be in touch with you and to provide updates and marketing.