Managing Director, Risk Management

The Managing Director (MD), Risk Management, supports the Chief Risk Officer in delivering and enhancing the Bank’s enterprise risk management framework. The role involves advising senior leadership on risk appetite, overseeing risk identification and assessment, and leading a team of risk management professionals to implement the department’s mandate.

Responsibilities

• Provide thought leadership in the design and implementation of the Bank’s Enterprise Risk Management Framework.
• Ensure Risk policies and practices reflect current best practice and are responsively calibrated to provide effective and efficient management of the risks faced by the EBRD.
• Lead people management including attracting, performance management, coaching and development of RM staff.
• Engage in strategic talent and workforce planning.
• Foster open and constructive working relationships with stakeholders to build best in class risk management capability across the Bank.
• Contribute to and influence the strategic direction of the Bank balancing opportunities and threats.
• Exercise delegated authority including approvals of Non-Performing Loan restructuring, new financing provision, concentration limits and market risk parameters.
• Oversee and deliver risk reporting and analysis to Executive Committee, Audit and Risk Committee of the Board and Credit Rating Agencies, liaising with external auditors.
• Champion and role model the Bank’s Behavioural Competencies and Corporate Behaviours as a member of the Senior Leadership Group.
• Sponsor transformation programmes and participate in project committees as delegated by VP CRO.
• Maintain strong relationships with peer institution risk functions and develop networks with regulated institutions and industry bodies to stay abreast of emerging risks, regulation and best practice.

Requirements

• Proven extensive knowledge and experience of managing risks, including credit, market and operational risk, derived from key risk roles (e.g. CRO, Deputy CRO) in similar or larger scale institutions/subsidiaries/business divisions, in the financial services industry and in a complex environment.
• An awareness of the challenges presented by the nature of the development bank role, the risks faced in the countries in which the Bank operates / plans to operate, and the unregulated governance model enshrined in the treaty founding the Bank.
• Demonstrated experience engaging in and influencing the setting of the strategic direction of an organisation.
• An extensive track record of successfully building and leading diverse teams, setting a vision, developing and managing talent and driving engagement.
• Excellent communication skills including the ability to address difficult, complex or contentious issues in a straightforward manner and to present with confidence.
• Demonstrated experience influencing stakeholders (e.g. first line business leaders, Executive Management, Board of Directors, Shareholders, Credit Rating Agencies and external auditors) through strong collaboration and flexible engagement styles.
• Proven track record of engaging with broader management topics, including experience of driving change.
• An ability to build professional networks and engage with professional industry bodies.
• Personal integrity and a commitment to highest ethical standards.
• Relevant degree or equivalent professional experience

Skills

• Credit Risk Management
• Market Risk Management
• Operational Risk Analysis
• Enterprise Risk Management
• Strategic Direction
• Team Leadership
• Talent Development
• Stakeholder Engagement
• Change Management
• Risk Appetite Framework
• Risk Identification and Management
• Risk Assessment
• Communications Skills
• Collaboration
• Financial Services Risk
• Governance Awareness

Languages

English