TERMS OF REFERENCE (TOR)
Post: Risk Analyst
No of Vacancies: 01
Post Type: Full time
Department: Risk and Compliance Department
Reporting to: Manager – Risk and Compliance
Key tasks, responsibilities, and deliverables:
• Help monitor on an on-going basis the risk-taking activity, the risk exposures in line with the
Board approved risk appetite, the risk limit, and the breach of limit.
• Assist in the performance of risk research and analysis on the Corporation’s risk profile
considering the Corporation’s risk appetite and develop Risk Dashboard for Management
reporting.
• Assist in identifying external and internal events that may impact the Corporation, assess
implications, and recommend approaches to mitigate resulting risks.
• Coordinate with all functional areas across the Corporation to develop effective and feasible
solutions for risk management.
• Work closely with all functional areas to identify potential areas of risk vulnerability and
develop corrective action plans.
• Coordinate and actively support in developing and continually seeking to review and improve
risk management policies and procedures.
• Promote cultural awareness of risk management practices within the Corporation and
conduct training/awareness programs on regular basis.
• Provide support for ad hoc requests as required by the Management.
Requirements and Qualifications:
• MQA level 5 or 6 qualifications of Legal/ Audit /Finance/Banking with Minimum 02-year
experience in relevant field.
Other Competencies required:
• Demonstrate awareness of and exposure to bank operations, systems, processes, internal
policies and procedures, and industry best practice for Risk management.
• Understanding of Risk Management best practice standards.
• Analytical approach and proactive attitude to managing issues.
• Applicants with advanced proficiency in Microsoft Office will be given higher priority.
• Excellent interpersonal skills along with communication skills including verbal and written,
with strong emphasis on report writing and presentation capabilities.
• Excellent computer skills including processing of word documents, spreadsheets, and
databases.
Remuneration package:
• Gross pay between MVR 15,500 – MVR 16,400 depending on the Qualification and
Experience.
Other benefits:
• Health Insurance as per company policy.
• Training and development opportunities.
Working Hours:
• The selected applicant will be required to work from 0800 to 1600 on weekdays.
Documents required with the job application:
• Complete and up-to-date Curriculum Vitae (CV).
• Copy of National Identity Card.
• Copies of academic certificates with transcripts.
• All international certificates must be accredited by MQA.
• Reference letters from current/previous employers certifying types of employment, job
roles, and service period.
• Recommendation letters from previous supervisors or employers (optional).
How to Apply:
• Required documents should be submitted using the link: https://sdfcmv.aidaform.com/job-application-form-risk-analyst0 before 10th February 2025, 14:00hours.
Important notes for applicants:
• Incomplete applications will be rejected without further notice.
• Applications should be submitted only via the given link, applications received via email will
be rejected.
• Only short-listed candidates will be notified for an interview.
For inquiries, please contact us on weekdays between 9:00am to 14:00pm via 1613 or email
to [email protected]