Job Description
Head of Risk
AMW Capital Leasing & Finance PLC
Who Are We?
AMW Capital Leasing and Finance PLC is a finance company registered under the Central Bank of Sri Lanka and a subsidiary company of AMW Group which is a leading corporate entity in Sri Lanka and the sole distributor for several world-renowned automobiles and related brands, under the umbrella of Al-Futtaim Group, Dubai UAE.
AMW Capital Leasing is spread across the country with a network of 21 branches and is in the process of expanding its network. Our focus is to employ and engage diverse individuals who aspire to grow with us in a financial entity that offers unlimited career potential in a multinational environment.
Overview of the role
The Head of Risk is a Key Senior Management Position that directly reports to the Integrated Risk Management Committee. Job Holder is required to lead and manage the Enterprise Risk Management Framework of AMWCL. The role is also required to support the Heads of the Departments to manage their respective risks in a prudent and effective manner.
What you will do
- Develop, maintain and improve the Organization’s Integrated Risk Management Framework covering Strategic, Credit, Liquidity, Market, Operational and Legal Risks.
- Managing the overall risk reporting process of the company, identify current & emerging risks and alert Management/ Board via IRMC.
- Helping managers at all levels across the organization to ensure that risk management is embedded at an operational level within the business and that staff at all levels are aware of and manage risk as a core part of their responsibilities.
- Establish policies, practices and other control mechanism to manage risks.
- Develop Risk assessment and measurement systems.
- Review Credit Policy and Agreements periodically and make recommendations to the Committee where necessary.
- Facilitate pro-active stress testing exercises on Credit Risk on regular basis.
- Establish a culture within the Company that emphasizes commitment to internal controls, risk management and high ethical standards.
What equips you for the role
- Masters Business Administration in Finance or Masters Business Administration or Full professional qualification from a professional accounting body.
- At least 10 years of working experience in Banking/non-banking sector with minimum 2-4 years’ experience in a similar capacity.
- Strong analytical and leadership skills, knowledge in accounting, tax, CBSL and other financial regulations with excellent communication and people management skill.
How to apply
If you believe you’re a good fit for the position described above, please send your CV to [email protected] within 07 days of this advertisement. Please mention the position name in the subject line of the email.