Head of Risk Management Department

JOB SPECIFICATION

Job title

Head of Risk Management Department

Reporting to

CEO

Start date

As soon as possible

About the company

Microfinance

Work location

Phnom Penh, Cambodia

Key responsibilities

The Head of the Risk Management Department is responsible for designing and leading the implementation of the organizations risk management framework. This role ensures that all potential risks are systematically identified, assessed, and mitigated, protecting the organization's assets, reputation, and regulatory compliance. The position involves strategic planning, developing policies, and implementing risk management practices while fostering a culture of risk awareness throughout the organization.

Comprehensive Risk Analysis and Management

• Strategy & Integration: Develop and enhance a risk management strategy aligned with organizational objectives. Integrate risk management into strategic planning and decision-making.
• Policies & Governance: Establish and maintain risk management policies, procedures, and governance frameworks

Risk Identification, Assessment, and Mitigation

• Identification & Assessment: Identify potential risks across all functions and conduct regular, detailed risk assessments using qualitative and quantitative methods.
• Mitigation & Monitoring: Design and implement tailored risk mitigation plans, monitor their effectiveness, and develop key risk indicators (KRIs) to track exposures.

Compliance, Reporting, and Training

• Compliance: Ensure adherence to relevant laws, regulations, and industry standards.
• Reporting: Prepare and present regular risk management reports and maintain comprehensive documentation.
• Training & Awareness: Conduct training programs to enhance risk awareness and foster a risk-aware culture.

Crisis Management and Stakeholder Engagement

• Crisis Management: Develop, test, and lead crisis management and business continuity plans.
• Stakeholder Engagement: Collaborate with internal and external stakeholders, representing the organization in risk management discussions.

Continuous Improvement and Loan Risk Management

• Continuous Improvement: Stay updated on trends and best practices, refine the risk management framework, and implement innovative tools.
• Loan Risk Management: Oversee loan risk policies, conduct portfolio reviews, assess creditworthiness, and ensure regulatory compliance.

Requirements

• Bachelors degree in risk management, Business Administration, Finance, or a related field. A masters degree or professional certification (e.g., CRM, FRM, PRM) is preferred.
• Strategic thinking and planning.
• Fluent in English
• Skillful in AI
• Leadership and team management.
• Risk assessment and mitigation.
• Crisis management and business continuity planning.
• Regulatory compliance and reporting.
• Effective communication, presentation, and stakeholder engagement skills.
• Proficiency in risk management software and tools is an advantage. (EOD)

Salary range

USD1200 - USD1500gross

Benefits

- Seniority Pay: Follow with Cambodia Labour Law (7.5 days of salary will provide on Jun, and 7.5 days will provide on December)

- 13rd Month salary: Based on company policy (50% of gross salary provide before Khmer New Year, and 50% provide before Pchum Ben day)

- Insurance: Provide NSSF

Working days

Mon-Fri

Working hours

8:00am - 5:00pm

Interview process

2 times

Recruiter contact details

Channita CHEV Recruitment Manager

• Cellcard +855 11 55 66 95
• Smart +855 98 74 66 99 (telegram/whatsapp)