Akiba Commercial Bank PLC (ACB Bank) is seeking a skilled Financial Risk Officer to strengthen its Risk Management function. The successful candidate will monitor credit, liquidity, and market risks, conduct risk assessments and stress testing, support regulatory compliance, and provide insights that help safeguard the Bank's financial stability.
Key Responsibilities
-
Monitor credit, liquidity, and market risks across the Bank.
-
Conduct stress testing and support IFRS 9 model validation.
-
Monitor non-performing loan (NPL) ratios and portfolio risk exposures.
-
Review credit approval processes and recommend risk mitigation measures.
-
Prepare risk reports for management committees and the Board.
-
Monitor foreign exchange, interest rate, and liquidity risks.
-
Develop and track Key Risk Indicators (KRIs).
-
Maintain Risk Registers and ensure compliance with Bank of Tanzania regulations.
-
Collaborate with business units to strengthen enterprise risk management.
-
Support ICAAP preparation and regulatory reporting requirements.
Requirements
-
Bachelor's degree in Banking, Finance, Economics, Business Administration, or a related field.
-
Professional risk certification (such as FRM or PRM) is an added advantage.
-
Minimum of 3 years' experience in financial risk management within a business lending environment.
-
Strong knowledge of Bank of Tanzania regulations, Basel III, and IFRS 9.
-
Experience in credit risk analysis, liquidity monitoring, and market risk management.
-
Good understanding of enterprise risk management frameworks and methodologies.
-
Strong analytical, reporting, and communication skills.
