First Capital Bank (FCB) Zambia Ltd
First Capital Bank (FCB) Zambia Ltd
Posted Job
over 1 year ago

Chief Risk Officer

The following position is vacant in the Risk and Compliance Department

Reports to: Chief Executive Officer

Job Purpose

  • To oversee and direct the development and implementation of the risk and compliance management frameworks, and organise specific business unit risk management activities into an enterprise risk management system.

Job Accountabilities

  • Incumbent will deal with the accountabilities as outlined below and others as may be assigned:
  • Responsible for the periodic review of effectiveness of bank-wide risk management framework and policy framework together with businesses.
  • Defining the process for risk appetite development within the Bank.
  • Responsible for ensuring that there is an adequate risk infrastructure including limit structure, methodologies and management information systems.
  • Responsible for developing the Risk Committee pack and regular senior management briefing packs that summarise all key exposures across the Bank.
  • Responsible for reviewing the relevant monthly and quarterly risk report produced by market, credit and operational risk prior to distribution.
  • Responsible for ensuring adequacy of the compliance framework for all relevant requirements as prescribed by the Banks regulators,
  • Responsible for ensuring that processes for risk identification, measurement and management are in place and escalation of issues for all types of risks from all sources within the bank.
  • Responsible for consulting and advising on actions to address significant risk issues and events, table recommendations to the risk committee for approvals.
  • Responsible for approving risk managers and analysts’ appointments and evaluation of overall team performance
  • Carry out other tasks as maybe assigned.

Required Competencies/ Experience

Critical Knowledge/qualification:

  • Bachelor’s Degree in Business or Social Sciences or related field
  • Master’s degree will be an added advantage
  • Must have a clear understanding of current Banking Rules and Regulations
  • Significant senior level risk management experience in banking, preferably in a market or credit risk environment.
  • Must have at least ten (10) years working experience, three years Of which must be at senior management level

Critical Skills:

  • Awareness of Compliance and Regulatory environment, leadership and management skills;
  • Organisational skills and the ability to understand detailed information
  • Computer and numeracy skills, with strong skills required for MS Word/Excel/PowerPoint
  • Strong interpersonal skills to form effective working relationships with people at all levels;
  • Must have high integrity and must be approachable

Critical Experience:

  • Minimum of 5 years’ experience in a Banking environment
  • Working experience of dealing with Bank customers
  • Experience in dealing with Senior/Executive Management
  • Experience of presenting to and communicating with senior management and the Board

How to Apply

All applicants MUST have a Cover Letter and Curriculum Vitae. All applications should be sent by email:

clearly indicating in the subject line the role being applied for. Candidates need not to attach their academic certificates at this stage.

Application deadline
18 Apr 15:00
Email applications to
First Capital Bank (FCB) Zambia Ltd image
First Capital Bank (FCB) Zambia Ltd
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Formerly known as International Commercial Bank Zambia, First Capital Bank Zambia started its operations in June 2010. In July 2013, it was acquired by a group of investors led by First Merchant Bank Malawi (FMB) which has operations in Malawi, Mozambique and Botswana, and was renamed as First Capital Bank (FCB). Using a flexible and innovative customer-centric approach, this bank's growing network of branches offers an extensive range of banking solutions services.

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