Nikeeta Beri
345 769 7002 Apply Now

Risk Officer

USD $80K - $100K DOE


  • Responsible for Risk Management and ensuring that risks are duly identified and mitigated through the implementation of controls, policies and procedures
  • Supporting the development, review, refresh and adjustment of the Regional Risk Framework and Risk Appetite Metrics, in line with Group Risk Strategy, Standards, Policies and Regional Board guidelines;
  • Ensure together with the Regional Head of Risk that the relevant Regional Risk Policies are implemented and adequately followed;
  • In line with the three line of defense model, ensure in cooperation with the CRO and the First Line of Defense that the Internal Control System (“ICS”) is properly designed and in place for both Business and non-Business functions (IT, Operations, Finance, etc.) with the aim to ensure that residual risks stay within approved Risk Appetite parameters;
  • Regularly test control effectiveness and design of the ICS, in particular:
    • responsible for staying current and integrating external requirements from public accounting firms, Bahamas GAAP, Central Bank of The Bahamas and the Securities Commission;
    • establish an annual internal controls review cycle, ensuring that all internal controls have been reviewed, walkthroughs have occurred, and key controls have been tested; and
    • work with all levels of management to identify potential risks and design controls to address the risks.
  • Contribute to a proper identification of risk events and escalation to Management and the required Committees;
  • Liaise with Regulatory Compliance and AML in terms of Risk identification and management;
  • Assess and quantify risks through the Region and prepare a regular and comprehensive Regional risk reporting to the Risk Committee, the Regional Head of Risk, the local Management Committee and the Board of Directors’ on the current risk profile relative to risk appetite, including:
    • a root cause analysis on risk metrics that fall within the amber and red threshold;
    • an appropriate proposed course of action to mitigate the risks; and
    • a monitoring of the progress of defined risk mitigation measures
  • Contribute to a proper organization and management of the Regional Risk Management Committee;
  • Perform a regional yearly risk self-assessment / review;
  • Support the definition and organization of risk training to local Management as well as staff in different areas;
  • Liaise with the Regional Head of Risk


  • University graduate with a recognized risk qualification;
  • Minimum  5 years’ experience in corporate audit / risk management functions;
  • Broad knowledge of banking, broker dealer and investment services;
  • Excellent understanding of risk management / compliance and controls;
  • Crisis management, risk assessment, internal auditing, fraud prevention, corporate compliance and IT security;
  • Excellent project management skills;
  • Strong communication and interpersonal skills;
  • Strong analytical and reporting skills;
  • Ability to critically evaluate information gathered from multiple sources; reconcile conflicts.




Nikeeta Beri
345 769 7002 Apply Now

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