Chief Risk and Compliance Officer - Jobsplus Permit Number 241/2026

• Be responsible for the leadership, innovation, governance, and management to identify, evaluate, mitigate, and monitor the MDB's financial, operational and strategic risks.

• Through the guidance of the Board of Directors and the Risk Committee, define and implement an enterprise risk management framework for MDB.

• Develop risk management tools, practices, and policies to analyse and report enterprise risks, and to manage risks according to the Bank’s risk management framework.

• Track, record and identify all material risks assumed by MDB and ensure that all risk events and near misses are captured and documented.

• Ensure capital adequacy and stress testing for MDB to ensure that the Bank’s credit policies and applications do not jeopardize its capital structure.

• Ensure that MDB's risk management policies and strategies are in compliance with all applicable regulatory requirements, and the strategic goals of the Bank.

• Ensure that credit sanctioning is conducted in accordance with the Bank’s Credit Policy.

• Ensure that all sanctioning of facilities is carried out on an arms’ length basis.

• Oversee and monitor all operational risk management activities of the Bank.

• Monitor and analyse risks within the Bank's business units and report on these risks to the Risk Committee and the Board of Directors.

• Provide key inputs into the Bank’s Risk Committee and ensure alignment with organisational objectives.

• Be responsible for Insurance and Risk Management and/or Business Continuity Planning activities for the Bank.

• Develop, design and implement a comprehensive compliance programme which transposes the relevant directives and regulations that are applicable to the MDB’s business activities. This will also include programmes to address anti-money laundering and counter-financing of terrorism (AML/CFT), sanctions, anti-fraud, complaints mechanism and general data protection regulations.

• Strengthen the MDB’s implementation and formulation of its AML/CFT framework in accordance with applicable laws and regulations and ensure that each agreement or operation of the MDB is in accordance with such framework.

• Act as interim Money Laundering Reporting Officer whenever the MLRO is absent or otherwise unable to perform this role.

• Fully engage with the MDB’s business units to ensure that the risk management culture is embedded into the operations of the Bank and not simply bolted on as an afterthought

• Build a tight link between risk management and business-planning processes, incorporate systematic stress testing as part of financial planning, and apply financial risk modelling for major decisions.

• Properly interpret, apply and make decisions in accordance with the relevant policies of the Bank.

• Able to communicate with and understand the needs of stakeholders and staff with regard to issues impacting compliance matters and their potential impact within all business areas of the MDB.

• Be of high integrity and excellent judgment.

• Generate trust and build alliances with co-workers.

• The CRO is responsible for putting in place a comprehensive Credit Policy which is constantly reviewed relative to the Bank’s enterprise risk framework.

• Because the MDB relies extensively on credit risk evaluation and sanctioning from its partner commercial banks, the role of the CRCO is to ensure that these banks’ processes, standards and cut-offs align with the MDB’s risk tolerance and risk profile.

• The CRCO must ensure that all sanctioning carried out by the Credit Risk function within partner banking institutions is actively reviewed by a distinct unit Risk Management function.

• The ability to communicate effectively with and understand the needs of stakeholders, business partners, executives and staff in regard to understanding risk related issues and their potential impact within the business areas of the MDB.

• Ability to communicate with and understand the needs of non-technical internal clients.

• Extensive Risk and Compliance Management experience in Financial Services preferably with a minimum of seven years experience as well as extensive executive level responsibility in managing Risk and Compliance.

• The Candidate must be in possession of an MQF Level 7 qualification in Finance, Economics, Risk Management, Compliance, and/or Business or other relevant qualifications commensurate with this role.

• Possess an intimate knowledge of internal business processes and the banking industry.

• Exhibit strong business process knowledge.

• Possess a broad-based operational perspective and provide solutions for banking business risk issues.

• Possess critical thinking skills, such as strategic thinking, effective analysis of data, and the ability to disaggregate business plans into component risks.

• Have strong interpersonal skills, such as verbal and written communication skills.

• Exhibit business acumen, strong business and financial judgment, and problem-solving skills.

• Ability to develop policies and procedures to ensure a strong compliance framework and implementation thereof and to improve the MDB’s knowledge in matters relating to legal issues.

• Demonstrate a strong process orientation.

• The ideal candidate should also have a thorough knowledge of the current bank regulatory environment and be abreast of regulatory developments.

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