Risk Officer

• Coordinating the Risk Control Self Assessment (RCSA) process and providing methodological support to other structural units;
• Coordination of Incident Management Process;
• Participating in third party risk assessment (TPRA) process;
• Conducting risk assessment of products/services offered by the Company and planned projects;
• Reviewing and providing feedback to policy/procedure changes;
• Evaluating financial risks using mathematical and statistical methods;
• Coordinating the Business Impact Analysis (BIA) process and providing methodological support to other structural units;
• Participating in the development and implementation of credit risk strategies, policies, and procedures to ensure sound lending and collection practices, and minimize credit losses;
• Analyzing customer, business and portfolio data to identify trends, patterns, and potential credit risks;
• Assessing credit risk models and methodologies to ensure accuracy, effectiveness, and compliance with regulatory requirements and industry best practices;
• Monitoring credit risk exposures and portfolio quality and structure, and developing risk mitigation strategies to address identified risks;
• Collaborating with internal stakeholders, including sales, underwriting, and collections teams, to implement credit risk management initiatives and optimize credit risk decisions;
• Providing credit risk expertise and guidance to senior management, including recommendations on product terms, credit policies, underwriting criteria, and portfolio management strategies;
• Contributing to the development and implementation of financial risk management tools and analytics, including vintage, roll rate analysis etc., to enhance risk oversight and effectiveness;

·       Assessing financial and non-financial risks using mathematical and statistical methods;

• Participating in the development of stress-testing framework and conducting stress-tests;

Calculating and reporting of Key Financial Risk Indicators and Country Risk Early Warning Indicators

• Strong interpersonal, communication and presentation skills.
• Ability to collaborate effectively with cross-functional teams and stakeholders.
• Detail-oriented and able to work independently.

Strong analytical and problem-solving skills

QUALIFICATIONS

• Strong understanding of business processes, risk methodologies, and regulatory requirements.
• Strong knowledge of ERM framework, financial statements and financial risk concepts.
• CERM, FRM, ERM or other risk management certifications are preferred.

Education & Experience           

• Bachelor’s degree in economics, Business, Finance, Management or related field (master degree is preferred).

·       Minimum 2 years of experience in Risk Management or related field (experience in credit institutions is preferred).

Language Skills

• Fluency in Azerbaijani
• Good command of the English.