One of micro-finance in Cambodia is seeking for one potential applicant for position Risk Coordinator who will be in charge of Risk identification, Risk management and organizational structuring in company. He/she will be based in Phnom Penh.

Departmental & organizational structuring

• Develop, design and ensure maintenance of tools, policies and procedures (risk management framework) inherent to the risk department, for validation by the Risk Management Committee
• Provide recommendations for review of the risk management framework as needed
• Ensure integration and mainstreaming of risk management across all Company departments, frameworks
• Develop and ensure implementation of communication lines across the organization regarding risk
• Advise Company board and senior management in building an organizational culture of risk
• Develop and maintain a structured communication with the internal audit department
• Awareness raising and training of all risk-owners on their roles, responsibilities and accountabilities with respect to risk management
• Lead the Risk Taskforce at Company management level
• Manage progress in risk management graduation model and plan
• Ensure cost-effectiveness and efficiency of risk framework
• Periodic review of internal policies and procedures to ensure adequacy and relevance in terms of risk management

Risk Identification & assessment

• Carry out regular risk control self-assessments
• In coordination with all relevant stakeholders, design, implement and maintain a risk appetite framework in order to be able to measure the severity of both the financial and non-financial risks of Company
• Pro-actively ensure that risks are measured and quantified according to the risk appetite framework in order to make prioritization of mitigating actions possible
• Develop, design and maintain an incident reporting process and implementation and maintain an incident database
• Carry out risk assessments in preparation for key developments in Company including new technology, partnerships, product developments, expansions, policy and procedure developments
• In coordination with the risk owners, update risk registers accordingly
• Pro-actively ensure that new risks are identified, quantified, and understood by the relevant risk-owners

Risk Monitoring

• Update Key Risk Indicators and Risk Matrix to monitor and communicate risk levels accordingly
• Provide training to all risk-owners on their roles, responsibilities and accountabilities with respect to risk management, including using lessons learnt as well as sharing of best practices
• Support risk-owners in developing mitigation strategies in response to risks and follow-up implementation of these mitigation strategies
• Design, implement and maintain risk tracking in order to ensure that mitigation measures are taken in time

Reporting & communication

• Provide regular reports, written and oral, to risk-owners on the evolution of risks across the company, according to a pre-defined escalation matrix according to risk level, and including incident reporting
• Provide regular reports, written and oral, to the Board Risk Management Committee
• Ensure the effectiveness of risk communication lines across the organization

Report to CEO

• Bachelor degree in finance, economics, or related social sciences
• Basic understanding of the microfinance business in Cambodia, and preferred understand of the enterprise risk management framework, including where possible previous exposure to internal audit work, operations, and/or risk
• At least two years in the microfinance sector at a managerial level
• Strong grasp of the English language
• Negotiation and Analytical skill