Job Description

Industry: MFI

The Risk Manager is responsible for developing, implementing, and maintaining the organization's Enterprise Risk Management (ERM) framework. The role ensures that all significant risks—including credit, operational, market, liquidity, compliance, fraud, and strategic risks—are effectively identified, assessed, monitored, and mitigated to protect the institution's assets, ensure regulatory compliance, and support sustainable business growth.

Main Responsibilities:

Enterprise Risk Management

• Develop, implement, and continuously improve the Enterprise Risk Management (ERM) Framework.
• Establish and maintain the organization's Risk Register.
• Identify, assess, monitor, and report enterprise-wide risks.
• Develop risk assessment methodologies and tools.
• Recommend appropriate risk mitigation strategies and monitor their implementation.
• Promote a strong risk management culture throughout the organization.

Credit Risk Management

• Monitor portfolio quality and risk concentration.
• Analyze Portfolio at Risk (PAR), Non-Performing Loans (NPL), write-offs, recoveries, and provisioning trends.
• Review and recommend improvements to credit policies, procedures, and underwriting standards.
• Conduct stress testing and portfolio risk analysis.
• Monitor compliance with approved credit risk limits.

Operational Risk Management

• Identify and assess operational risks across Head Office and branch operations.
• Analyze operational incidents and recommend corrective actions.
• Review internal control processes and recommend improvements.
• Develop and monitor Key Risk Indicators (KRIs).
• Support business units in implementing effective risk controls.

Regulatory Compliance and Governance

• Ensure compliance with National Bank of Cambodia (NBC) regulations and internal risk policies.
• Support regulatory reporting related to risk management.
• Coordinate with Compliance, Internal Audit, and business units on risk-related matters.
• Monitor regulatory changes and recommend necessary policy updates.

Business Continuity and Fraud Risk

• Develop and maintain the Business Continuity Plan (BCP).
• Coordinate Disaster Recovery (DR) testing and business continuity exercises.
• Conduct fraud risk assessments and monitor fraud trends.
• Recommend preventive controls to minimize fraud risk.

Risk Reporting and Policy Development

• Prepare periodic risk reports and dashboards for Senior Management and the Board.
• Monitor the organization's risk appetite and risk tolerance.
• Develop, review, and update risk management policies, procedures, and guidelines.
• Support the implementation of risk management initiatives across the organization.

Leadership and Staff Development

• Supervise, coach, and develop Risk Officers.
• Conduct risk awareness training for employees and branch management.
• Foster a culture of accountability, compliance, and proactive risk management.
• Perform other duties assigned by Management.

Main Requirements:

• Bachelor's Degree in Finance, Banking, Accounting, Economics, Risk Management, or a related field.
• A Master's Degree or professional certifications such as FRM, CFA, CIA, or CRM are preferred.
• Minimum 5–8 years of experience in banking or microfinance, with at least 3 years in Risk Management.
• Proven experience in Enterprise Risk Management, Credit Risk, Operational Risk, Internal Control, and Regulatory Compliance.
• Strong knowledge of National Bank of Cambodia (NBC) regulations and Basel Principles is an advantage.
• Experience in portfolio analysis, risk assessment, stress testing, and risk reporting.
• Proficiency in Microsoft Excel and data analysis tools; Power BI or similar reporting software is an advantage.
• Strong analytical, problem-solving, decision-making, and leadership skills.
• Excellent communication, report writing, presentation, and coaching skills.
• Ability to work independently, maintain confidentiality, and collaborate effectively with cross-functional teams.