Head of Risk Management
Job Description
Responsibilities
- Develop and implement the company's overall risk management strategy.
- Lead, oversee, and provide strategic direction to the Risk Management team to ensure effective risk mitigation and compliance.
- Establish the company's risk appetite and ensure alignment with business objectives and regulatory requirements.
- Oversee the development and implementation of credit risk models, including credit assessment, borrower verification, and loan default prediction.
- Analyze borrower behaviour, payment patterns, and overall portfolio performance to support data-driven risk decisions.
- Identify operational risks related to lending activities, including fraud, data security, and operational inefficiencies.
- Ensure robust internal controls and processes are in place to prevent fraud and maintain compliance with industry standards.
- Develop and implement business continuity and disaster recovery plans.
- Develop risk mitigation strategies related to liquidity, investments, and market volatility.
- Ensure the company complies with applicable regulations, Anti-Money Laundering (AML) requirements, and data privacy laws.
- Collaborate with the Legal and Compliance teams to address regulatory changes and concerns.
- Provide regular and transparent reporting on risk metrics, strategies, and outcomes.
- Build a strong risk awareness culture across the organization, ensuring that all employees understand and prioritize risk management in their respective roles.
- Provide training and development programs on risk management best practices.
- Bachelor's or Master's degree from a reputable university, preferably in Finance, Economics, Accounting, Business, Risk Management, or other relevant fields.
- Minimum 10 years of relevant experience in Risk Management within the financial services, banking, or related industries.
- Solid knowledge of risk management principles, credit risk management, and financial institution business processes.
- Strong understanding of OJK regulations and other applicable regulations, particularly those related to P2P Lending and financial services.
- A Risk Management Certification Level 5 from AFPI is preferred.
More Info
About Company
Skills:
risk tolerance , cmp , Erp, Risk Appetite, Risk Limits, BSMR Level 4 certification, Risk Management, Risk Assessments, Bcp, Credit Analysis, Banking Regulations, Credit Risk, Four Eyes Principle
Skills:
RCSA, Vulnerability Assessment, Iso 27001, Orm, DRP, KRI, IT Cyber Risk, Operational Risk Management, BCM, LOP, Bcp, IT Risk Assessment