Risk Management Officer at FINCA Microfinance Company – Amman

Job Description

The Risk Management Officer is mainly responsible for determining the events which can influence FINCA Jordan activities and management of the risks related to those events. He/she is also responsible for controlling and maintaining the maximum permissible risk level in order to maintain continuous activities and sustainable development of FINCA Jordan.
In the course of implementation of current activities, the Risk Management Officer shall follow internal and external regulatory documents regulating FINCA Jordan activities.
 
Major Activities
-Develop individual directions of risk management in accordance with the bylaws and policies of FINCA Jordan on risk management.
-Determine the context, identification, analysis and methodology of risk management system..
-Support the process of risk management, train employees in the field of risk management, and develop the culture of risk management in the subsidiary.
-Document the process of risk management within the limits of business processes and directions.
-Control the process of risk reporting within the organization.
-Perform regular analysis of the loan portfolio and prepare the related gap analysis reports.
-Monitor the influence of changes in currency exchange and interest rates on the activity of the subsidiary.
-Identify and perform regular analysis on operational risks. Make recommendations for preventive actions. 
-Classify analysis and support of the owners of business processes in the course of development of control procedures on risk mitigation.
-Control emergency, anti-crisis, and Business Continuity Management processes.
-Participate in the preparation of the annual budget of the department;
-Conduct relevant external and internal correspondences.
-Implement any other particular projects on risk management upon the requirement of the Risk and Internal Control Manager.
-Manage evaluation of the possible risks for the proposed new products, procedures and functions. Set up and manage internal control tools and instruments during implementation.
-Create and regularly revise Risk and Internal Control functional procedures to ensure efficiency and sufficient risk management approach.
Report all risks faced by FINCA Jordan, including the key risk indicators, the risk limits, and risk appetite.
When necessary, train other employees; share his/ her accumulated experience and knowledge with other employees.
Accurate and timely fulfillment of any other tasks and duties as assigned by the Risk and Internal Control Manager.
                                                                                                
 

Skills

-Very Good computer skills (MS Office).
-Knowledge of risk-management practices.
-Knowledge of laws and other regulations (statutory and regulatory enactments) regulating banking and microfinance activities
-Ability to prepare risk reports.
-Ability to identify, analyze and measure different risk types.
-Strong knowledge of Operational risks.

Job Details

Job Location
Amman, Jordan

Company Industry
Accounting

Company Type
Employer (Private Sector)

Job Role
Banking

Employment Type
Full Time Employee

Monthly Salary Range
Unspecified

Number of Vacancies
1

Preferred Candidate

Career Level
Entry Level

Years of Experience
Min: 2 Max: 4

Nationality
Jordan

Degree
Bachelor’s degree / higher diploma

Education

Economics, Finance, or any related field.

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