Risk Management Specialist
1 week ago
Mirabaud is an entrepreneurial and innovative bank with a family-friendly environment. The culture is that of a family business, which creates a dynamic and inclusive workplace.
Job Description
- Update and maintain the organization's Risk Appetite Statement to ensure alignment with strategic objectives and risk tolerance.
- Maintain and update the risk register to record, monitor, and mitigate significant risks.
- Prepare the annual Internal Capital Adequacy Assessment Process (ICAAP) documentation.
- Compile risk reports for the Board, highlighting key risks, trends, and mitigation actions.
- Stay updated with regulatory changes and implement necessary adjustments to the risk management framework.
- Conduct an annual review of risk and credit policies to recommend updates and ensure continued alignment with regulatory requirements and industry best practices.
- Develop comprehensive documentation for the Risk Management Committee to present all relevant risks and mitigations clearly.
- Review and analyze credit files, prepare presentations, and provide recommendations to the Credit Committee.
- Pose limits for financial counterparties and monitor compliance.
Margin Monitoring:
Monitor and manage the organization's exposure to derivatives, including overseeing margin calls and ensuring compliance with margin requirements.
- Evaluate CFTC reporting requirements.
- Operational Risk Management: Identify, assess, and manage operational risks across the organization.
- Update and monitor the internal controls framework to ensure its effectiveness in mitigating risks and alignment with best practices.
- Analyze and manage operational risk incidents, ensuring timely reporting and mitigation actions.
- Cultivate a risk culture within the bank.
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