Assistant Risk Officer

Job Summary:

As the Assistant Risk Officer within the TDC Group of Companies, you are expected to communicate the importance and benefits of risk management, support the implementation of the risk management process, and monitor risk controls within the Company.

MAIN DUTIES AND RESPONSIBILITIES

1.      Provide support in the preparation of any risk reports to Senior Management, Risk Committee, Executive Director, the Board of Directors, and the Eastern Caribbean Central Bank including:

a.     The Quarterly Risk Reports for the TDC Financial Services Co. Ltd, TDC Insurance Co.

Ltd, and the East Caribbean Reinsurance Company.

b.     Report on Action Plans near due.

2.      Assist the ERM Manager with Risk Committee Secretarial duties including:

a.      Sending out online meeting invites, booking meeting rooms, and making any adjustments as necessary.

b.     Preparing minutes, within 7 working days of Risk Committee Meetings.

c.      Preparing matters arising report from the Committee Meetings.

d.     Printing, scanning, and filing the signed minutes and meeting agendas.

e.      Any other administrative duties that may be assigned.

3.      Prepare and maintain minutes for the ERM Unit meetings, risk assessments, risk workshops, and any action plan monitoring activities conducted.

4.      Provide support in maintaining an updated risk register and action plan list by entering risk information/data into Microsoft Excel and the ERM software, and mapping risks to controls. This includes sourcing financial and any other relevant information from the Business Units and entering updates to the key risk indicator database monthly.

5.      Maintain professional interaction with line staff to obtain information for risk assessments and status updates on the implementation of action plans.

6.      Assist in monitoring the effectiveness of risk controls, including the review of deposit and loan documentation, claim forms, and any other mitigation measure to ensure the required criteria is met.

7.      Maintain open communication with ERM Manager on findings.

8.      Ensure that risk information communicated is accurate, complete and comply with relevant regulations.

9.      Complete all assigned duties within given deadlines unless an exception is provided.

10.  Comply with ethics code and confidentiality agreements outlined by the Company.

11.  Keep abreast of risk methodologies, practices, and treatments from COSO, ISO 31000, Basel Capital Framework, and any other relevant standards.

The Assistant Risk Officer may be required to support the risk management programme at TDC Financial Services Co. Ltd, TDC Insurance Co. Ltd, East Caribbean Reinsurance Company, TDC Airline Services Ltd, and any other business unit of the TDC Group.

WORKING ENVIRONMENT:

•        Extended periods of sitting may be required.

•        Nearly always work indoors

•        Work in climate control offices

QUALIFICATIONS:

Education and/or Experience

•        Minimum six (6) CSEC level subjects including English and Math.

•        CAPE Level education inclusive of either Economics or Accounting.

•        Minimum 1 year’s experience working in the field of Compliance, Risk Management, Audit or Accounting.

•        Risk Certification and/or training in ISO 31000 Guidelines would be a plus.

•        Commitment to continuous knowledge development and research regarding rules, regulations, best practices, tools, techniques, and performance standards within the relevant industries.

SKILLS:

•        Excellent oral and written communication skills.

•        Exercise sound and independent judgment.

•        Work independently as well as in a team.

•        Have advanced computer skills in MS Office.

•        Work with minimal supervision.

•        Keen attention to detail and methodical in approach.

•        Values confidentiality, integrity, and ethical principles.

•        Ability to multitask, organize, and work independently in a fast-paced environment.