Careers

National Development Bank invites expression of interest from suitably qualified and experienced individuals for the following position.

CURRENT VACANCY

Reporting to the Managing Director, the Executive Manager Risk and Compliance is responsible for;

  • All areas of Risk and Compliance within the NDB Group.
  • Establish and review Risk and Compliance Policies and Procedures.
  • Ensure the Risks and Compliance framework meets internal and regulatory requirements.

Responsibilities

  • Prepare annual compliance plans for approval by the Board Audit Risk Committee (BARC) and deliver within plan.
  • Provide guidance to executive management on all Risk and Compliance matters.
  • Formulate the NDB Group’s operational and credit risk management framework, policies and strategies.
  • Review the Risk and Compliance procedures and recommend robust processes to manage risk exposures.
  • Provide guidance to the Credit Risk Management Committee on the Bank's loan portfolio to ensure appropriate actions are taken on potential or existing risks and provisioning proposals.
  • Provide guidance on appropriate Credit Risk Management processes.
  • Guide the executive management on risk appetite for the banking industry and the market conditions.
  • Oversight of the Collections and Recoveries Department and ensure compliance within delegated authorities
  • Manage the relationship and support the functions of Legal and Internal Audit Departments in their risk management activities.

Qualifications/Skills/Experience

  • University Degree, preferably in Banking, Finance or Accounting.
  • Advanced knowledge in Commercial Law, Risk Management and Regulatory Compliance.
  • Advanced Credit Risk analysis skills and conversant with Lending Processes.
  • Advanced knowledge on Corporate Banking skills and Risk Management concepts.
  • Advanced technical skills in Financial Analysis.
  • Well developed People Management Skills in a high performance work culture.
  • Minimum 10 years of commercial banking experience with 5 years in senior risks and compliance role preferably with a commercial bank.
APPLICATION CLOSE

Application close on Friday, 28 January, 2022. Only Short listed Applicants will be notified.

JOB DESCRIPTIONS & SPECIFIC REQUIREMENTS

Detailed Job Descriptions with specific requirements can be provided upon request.

Forward written applications with a detailed resume with latest photo and police clearance including names of three referees to;

  • The Manager Human Resource
    National Development Bank Limited
    PO Box 686, Waigani
    National Capital District
  • hr@devbank.com.pg