Chief Risk Officer (SVP to SEVP)

Job Description

Title: Chief Risk Officer (SVP to SEVP)

Company Name: SHIMANTO BANK PLC

Vacancy: --

Age: at most 50 years

Location: Dhaka

Salary: Negotiable

Experience:
∎ At least 15 years
∎ The applicants should have experience in the following business area(s):Banks

Published: 5 May 2025

Education:
∎ Masters degree in any discipline
∎ Minimum Master’s in any discipline (preferably in in Finance, Banking, Economics, Mathematics, Business Administration) from a reputed university.
∎ Professional Qualification like CFA, FCA, FCS, FCMA, CIMA, ACCA will be given preference.
∎ Candidates with 3rd division/class in any academic examination are discouraged from applying.
∎ Educational requirements may be relaxed for highly experienced candidates.
∎ Minimum Master’s in any discipline (preferably in in Finance, Banking, Economics, Mathematics, Business Administration) from a reputed university.
∎ Professional Qualification like CFA, FCA, FCS, FCMA, CIMA, ACCA will be given preference.
∎ Candidates with 3rd division/class in any academic examination are discouraged from applying.
∎ Educational requirements may be relaxed for highly experienced candidates.

Requirements:

Additional Requirements:
∎ Age at most 50 years
∎ The candidate must have at least 15 years of Banking Experience preferably covering:-Core Risk ManagementInternal Control and ComplianceCapital ManagementBranch BankingCore Banking SystemRisk-Based Certification
∎ Core Risk Management
∎ Internal Control and Compliance
∎ Capital Management
∎ Branch Banking
∎ Core Banking System
∎ Risk-Based Certification
∎ Minimum 3 years hands on working experience in Risk Management Division (RMD) and minimum 5 years in Credit Risk Management (CRM) Division.
∎ Proven track record in credit management, risk mitigation, Capital management.
∎ Networking and market intelligence.
∎ Excellent communication and interpersonal skills.
∎ Experience with strategic analysis and risk assessment.
∎ An analytical mind comfortable with numbers.
∎ Excellent organizational and leadership skills.
∎ The candidate must have at least 15 years of Banking Experience preferably covering:-
∎ Core Risk Management
∎ Internal Control and Compliance
∎ Capital Management
∎ Branch Banking
∎ Core Banking System
∎ Risk-Based Certification
∎ Minimum 3 years hands on working experience in Risk Management Division (RMD) and minimum 5 years in Credit Risk Management (CRM) Division.
∎ Proven track record in credit management, risk mitigation, Capital management.
∎ Networking and market intelligence.
∎ Excellent communication and interpersonal skills.
∎ Experience with strategic analysis and risk assessment.
∎ An analytical mind comfortable with numbers.
∎ Excellent organizational and leadership skills.

Responsibilities & Context:
∎ To oversee the development and implementation of the bank's risk management functions as a primary role.
∎ To support the Board of Directors/Board's Risk Management Committee in its development of the bank's risk appetite and for translating the risk appetite into a risk limits structure.
∎ To actively engage with the management in the process of setting risk appetite and limits for the various business lines with a view to achieve bank's overall strategic planning and monitoring their performance relative to risk-taking and limit adherence.
∎ To contribute and participate in key decision-making processes (i.e. strategic planning, capital and liquidity planning, new products and services, compensation design and operation).
∎ To perform periodic monitoring and analyses of portfolio performance and follow-up of exceptions, conditions, covenants, overdue, expired credit & documentation.
∎ Analyze & Identify credit risk of allocated business segment (Corporate, SME, Retail).
∎ Portfolio review of Corporate, SME, & Retail business.
∎ To assist in the development of and manage processes to identify and evaluate business risks and control them.
∎ To manage the process for developing risk management policies and procedures, risk limits and approval authorities.
∎ To adopt proper financial protection measures through risk transfer, risk avoidance, and risk retention programs.
∎ To provide opinion regarding extent of risk in case of credit proposal for big amounts (set by the bank) before submission to EC/Board for sanctioning;
∎ To monitor portfolio health and ensure good quality asset growth.
∎ To ensure proper compliance of Bangladesh Bank's (BB) recommendations regarding risk issues including all core risks.
∎ To provide a methodology to identify and analyze the financial impact of loss to the Organization, employees, the public, and the environment.
∎ To implement Environmental and Social (E&S) safeguard for the asset portfolio.
∎ To oversee the information security aspects for the bank.
∎ To ensure disclosure of key performance indicators of the bank via Pillar III of Basel III accords.
∎ To remain aligned and acquainted with other countries' economic and financial positions.
∎ Ensure adequate internal and external training on risk management issues for increasing efficiency of RMD officials.
∎ To monitor the overall risk associated with Special Asset Management (SAM) accounts- credit, operational, market and reputational risks.
∎ To ensure Bank's policies for identifying, assessing and mitigating legal risks arising from customer disputes, regulatory actions and litigation.
∎ To ensure risk policies for market risk, liquidity risk, interest rate risk and counterparty risk related to treasury activities.
∎ Any other responsibilities assigned by the management.
∎ To oversee the development and implementation of the bank's risk management functions as a primary role.
∎ To support the Board of Directors/Board's Risk Management Committee in its development of the bank's risk appetite and for translating the risk appetite into a risk limits structure.
∎ To actively engage with the management in the process of setting risk appetite and limits for the various business lines with a view to achieve bank's overall strategic planning and monitoring their performance relative to risk-taking and limit adherence.
∎ To contribute and participate in key decision-making processes (i.e. strategic planning, capital and liquidity planning, new products and services, compensation design and operation).
∎ To perform periodic monitoring and analyses of portfolio performance and follow-up of exceptions, conditions, covenants, overdue, expired credit & documentation.
∎ Analyze & Identify credit risk of allocated business segment (Corporate, SME, Retail).
∎ Portfolio review of Corporate, SME, & Retail business.
∎ To assist in the development of and manage processes to identify and evaluate business risks and control them.
∎ To manage the process for developing risk management policies and procedures, risk limits and approval authorities.
∎ To adopt proper financial protection measures through risk transfer, risk avoidance, and risk retention programs.
∎ To provide opinion regarding extent of risk in case of credit proposal for big amounts (set by the bank) before submission to EC/Board for sanctioning;
∎ To monitor portfolio health and ensure good quality asset growth.
∎ To ensure proper compliance of Bangladesh Bank's (BB) recommendations regarding risk issues including all core risks.
∎ To provide a methodology to identify and analyze the financial impact of loss to the Organization, employees, the public, and the environment.
∎ To implement Environmental and Social (E&S) safeguard for the asset portfolio.
∎ To oversee the information security aspects for the bank.
∎ To ensure disclosure of key performance indicators of the bank via Pillar III of Basel III accords.
∎ To remain aligned and acquainted with other countries' economic and financial positions.
∎ Ensure adequate internal and external training on risk management issues for increasing efficiency of RMD officials.
∎ To monitor the overall risk associated with Special Asset Management (SAM) accounts- credit, operational, market and reputational risks.
∎ To ensure Bank's policies for identifying, assessing and mitigating legal risks arising from customer disputes, regulatory actions and litigation.
∎ To ensure risk policies for market risk, liquidity risk, interest rate risk and counterparty risk related to treasury activities.
∎ Any other responsibilities assigned by the management.

Skills & Expertise:

Compensation & Other Benefits:
∎ Negotiable.
∎ Other benefits are as per Bank's Human Resources Policy.
∎ Negotiable.
∎ Other benefits are as per Bank's Human Resources Policy.

Workplace:
∎ Work at office

Employment Status: Full Time

Job Location: Dhaka

Job Highlights:
∎ CRO is accountable for establishing a risk management framework that identifies, evaluates, mitigates & monitors financial, operational, regulatory & strategic risks-ensuring Bank's stability and full compliance with regulatory & governance standards

Read Before Apply:

• Only shortlisted candidates will be called for interview.

• Shimanto Bank reserves the right to accept or reject any application without assigning any reason whatsoever.

• Shimanto Bank is an equal opportunity employer

• Requirement may be relaxed for relevant and experienced candidates.