CAREER OPPORTUNITIES

BARCLAYS BANK TANZANIA

Role: Head of Risk
Grade: Vice President
Division: Risk
Location: Dar es Salaam

Employment nature:
Contract of unspecified period of time (previously referred to as permanent contract)

Barclays Bank Tanzania seeks to recruit an experienced professional Head of Risk reporting to the Managing Director. The job holder will be a member of the Country Management Committee (CMC), over seeing the risk function and actively participating in defining strategic objectives to support the business. The incumbent will also participate in business planning and setting the direction of the business in line with Group strategy.

Job Purpose

• Risk representative on CMC and other Committees. 
• Chair of Horizontal Review Forum or similar, and member of the Risk Controls Committee and the Country Watch list & Impaired Debt Committee ensuring robust oversight, reporting and effective management and control of principal risks.
• To drive significant change initiatives supporting the One Risk and One Africa strategy, ensuring effective communication and management of key stakeholders.  
• Working to ensure that the country strategic objectives are delivered within the risk appetite framework set by the Barclays Africa - Executive and Group Risk.
• Accountable for ensuring the right people, processes, policies, systems are in place to achieve cost effective and efficient risk management within the country that is aligned to strategic objectives and Group Risk Target Operating Model. 

Main accountabilities and approximate time split
Risk Management – 60%

• Oversight responsibility for personal & team adherence to governance, compliance and control framework. Ensuring conformance to policy and procedures.
• Oversight and responsibility for management of market, operational and fraud risk profile and reporting thereof.
• Ensuring risk control framework is embedded in business and robustly managed/monitored.
• Drive an environment of added value where everything is done to add value to every proposition and in everything the teams do.

Team Leadership and People Development - 15%

• Develop highly motivated teams of Risk Heads, maintaining excellent relationships within leadership teams and across the wider Africa - Risk team to ensure achievement of business goals.
• Create a high performance environment in which all employees are engaged as measured by the EOS.
• Oversight of reward/recognition decisions for the Risk team. 
• Drive the risk training plan across the Risk function to ensure the training and development needs are actively managed. Set challenging objectives and ensure effective performance development and succession planning for the team. 
• Drive the development of risk specialisation to build in-house expertise that can be
• efficiently transferred across Africa - if required.

Business Risk Partnership -15% 

• Ensure the business unit delivers a service which is truly adding value and is seen a key to the Business delivering against stretching targets by becoming a trusted advisor. 
• Responsible for delivering consistent and timely risk decisions.
• Drive communication and formal feedback process between Risk and the Business to build trust, partnership and appreciation of risk management function amongst the business partners.

Business and Change Management - 10%

• Initiate and proactively embed agreed change initiatives in support of One Risk and One Africa strategic objectives, driving process & quality improvements, cost reductions and development of risk professionals. Promote a culture of continuous improvement and driving necessary changes.
• Deliver organizational costs within the agreed budget.
• Drive the continual need for greater efficiency.
• Ensure capacity to manage volume workflow to world class standards of quality and cost.
• Develop and maintain strong network of internal contacts at a senior level.

Technical Skills/Competencies
Skills:

• Strong intellect balanced by practical and pragmatic approach
• Decisive
• Strong internal and external networking
• Analytical
• Risk Management
• People management and coaching
• Communications (written and oral) and presentations
• Excellent negotiation and influencing

Critical Competencies:

• Commercial/ entrepreneurial
• Relationship/ partnership approach
• Customer/ market perspective
• Technical skills and knowledge
• Problem solving/ decision making
• Quality/ high standards and controls

Knowledge and Expertise
Knowledge:

• First-class technical risk management skills
• Excellent business awareness and specific industry / International Risk  awareness
• Detailed knowledge of risk management policy, procedures & pricing
• Excellent knowledge of Country/sovereign risk issues
• Excellent knowledge of the social, economic, political and regulatory environment within relevant country

Experience:

• Proven track record in the successful delivery of risk management
• Exercising judgement and discretion for larger credit exposures
• Managing risk and reward

How to apply:

Register and submit your latest CV and covering letter through the link below;

https://barclays.taleo.net/careersection/2/jobdetail.ftl

Closing date is 16th May 2014. Please note that only successful applicants will be contacted.