RESPONSIBILITIES:
1. Strategy & Planning
- Lead, develop, communicate, and implement the strategic direction of RM
- Preside over the Division's annual operational plans and targets based on the strategic of the entire bank (revenue, profit, costs...) and the Division's annual budget based on the medium and long-term development strategy of RM to ensure competitiveness, suit the demands of customers, markets, partners and fulfill risk management targets assigned by the BOD/CEO.
- Allocate business targets to Centers/Departments under the Division, and at the same time control and support Managers in developing KPIs for staffs
- Monitor progress and adjust annual strategy/action plan as necessary based on development strategy on the basis of closely following market conditions, industry trends, competitors, customer needs and regulatory changes from regulatory agencies, strategic partners
- Develop risk management framework, policies, regulations, risk management processes, risk management assessment models and methods, and risk data system, risk management warning information system
- Develop risk management limits and risk covenants corresponding to each risk management business segment
- Preside over the development of organizational and business models of RM to enhance market competitiveness and achieve short-, medium- and long-term growth and profit goals.
- Attend EXCO meeting, Strategy Council, Strategic Planning and ALCO meetings as well as other Executive Board and Board of Directors meetings if necessary.
2. Business Management
Operation Management
- Lead and manage business, operating activities of RM
- Monitor the development and implementation of appropriate strategic initiatives to enhance competitiveness within the market and achieve short and long-term profit and growth goals
Successful achievement of RM Targets & Development goals
- Manage and supervise the risk management implementation of RM and all the units of Company, including but not limited to:
- Identify and manage risks arising in business operations, product risk assessment, sales policies of business units
- Appraisal and approval of credit according to the appraisal and approval stream in RM
- Manage and supervise the implementation of risk limits, risk status and allocate risk limits according to each business and professional activity. Give early warning and propose plans to prevent and minimize risks of breaching the risk limit.
- Monitor and alert credit quality throughout the system and coordinate with debt settlement units
- Manage Debt classification, provision with recommendations for setting up provisions and use of provisions
- Manage Company stress test from time to time
- Assess new products risk, systems, trading tools
- Improve the capacity of identification, hedge risk and risk handling at the whole business units
- Monitor the development and implementation of appropriate strategic initiatives to improve Risk Management effectiveness and achieve the bank's short- and long-term earnings and growth goals
- Advise and support the Executive Board, Risk Management Committee on issues related to risk management of the bank:
- Preside over the submission reports of risk violations with recommendations for handling
- Monitor and update international risk management trends to research and propose risk management models and policies suitable with Company and market trends
- Directly participate in and lead activities in the Risk Management Council as required
Compliance and risk management
- Monitor the compliance with internal and external policies.
- Supervise the application of limits and risk management procedures in accordance with the Bank's regulations from time to time
Improvement
Co-operate with business and operational departments in the bank to continuously improve and optimize working processes with other divisions of the bank and external partners
3. Resources Management
People Management
- Implement the necessary leadership and management to enable direct and indirect subordinates to achieve the goals of the Division and the bank.
- Develop staff and head-count plans, human resource allocation. Work in collaboration with HR to develop recruitment, training, succession planning, career development roadmap, recognition employees, performance management for employees in IT.
Corporate Culture
- Act as a role model in building corporate culture. Ensure the correct and full implementation of corporate culture implementation plans; employees understand and apply consistently corporate cultural values, behavioral standards of Company
4. Other responsibilities assigned time to time by supervisors