Head of Business Governance & Risk – Corporate Banking
Division: Corporate & Institutional Banking Division
Department: Business Governance & Risk Department
Job Title: Head of Business Governance & Risk
Job Summary:
To manage all activities coming under the purview & support Corporate Banking function. Work closely with the Head of Corporate / Business Heads / Credit Review / Credit Admin & other functions to ensure the overall Governance & Risks are addressed for Corporate Banking as well as relieving the business from operational matters.
Job Responsibilities:
-Responsible for safeguarding the Bank, improving Governance and operational efficiencies to allow the business to drive a strategy to grow the business whilst promoting clear governance and controls
-Responsible for delivering, commercializing and fulfilling propositions and solutions to our corporate clients
-Develop in depth knowledge that will contribute to long term efficiencies
-Understand current economic trends and its impact on the business and identify key levers to capitalize on opportunities or minimize downside exposure
-Manage the disbursals of the contracting sector business
Manage Payment & Cash Management
-Assist in supporting the remedial team in terms of strategy and enhancing recoveries. In addition to this, to lead and manage all corporate compliance, risk and audit issues. Furthermore, to support improving efficiencies and staff by on the job training.
-Adhere to and manage the structure and processes in place for management of credit, operational, reputation and regulatory risk.
-Respond within agreed timelines to issues raised by audit/compliance/regulators
-Protect sensitive customer and bank information by ensuring documents all confidential matters are appropriately handled as set forth by policy.
-Manage the infrastructure and resources needed to deliver agreed team plans and targets, identifying and implementing improvements and collaborating with colleagues to maximize end to end integration, effectiveness and efficiency.
=Lead implementation enhancement of Corporate Banking policies and governance frameworks, procedures, practices, standard to ensure quality, effective risk management and regulatory compliance.
-Lead, motivate and inspire the team to achieve the Bank strategy as well as business objectives
-Be responsible for the performance management of the team using relevant performance management tools and ensuring timely action is taken to improve under-performance.
Minimum Qualification & Experience Required:
-Minimum Bachelor Degree in Business, Finance, Accounting, Statistics or related field, professional qualifications is a plus
-Minimum 10 years of experience out of which 5 years experience having led a team consisting of more than 10 people (Junior and Senior members) working within Corporate Banking.
Skills Required:
-Strong understanding of the Banking Operations and internal policies and procedures
-Strong understanding of the capital markets, corporates and institutions
-Understanding of Risk – identification, assessment and mitigation
-Strong track record in the ability to adapt to change and drive the business along with the organization
-Ability to assess and demonstrate strong leadership skills
-Sound knowledge of Corporate Banking products and services
-Ability to interact with business customers at all levels
-Sound awareness of risk assessment
-Excellent interpersonal skills and ability to build relations with internal and external stakeholders
-Excellent time management, planning and organization skills
-Excellent range of communications skills written as well as verbal