Job Summary
The Chief Risk Management Officer will lead the development and implementation of the NISSS Enterprise Risk Management (ERM) framework to identify, assess, and mitigate operational, financial, and compliance risks. The role involves providing strategic risk insights to the CEO, Board, and Risk and Data Management Committee, ensuring adherence to legislation, policies, and best practices. The incumbent will supervise the Risk Management Unit, strengthen internal controls, coordinate risk assessments for major projects, and foster a strong risk-aware culture across the organization.
Key duties and Responsibilities
- Lead the Risk Management Unit, providing supervision, guidance, and professional development to staff.
- Develop and implement the NISSS Enterprise Risk Management (ERM) framework.
- Identify, assess, and monitor organizational risks, including operational, financial, compliance, actuarial, cyber security and reputational risks.
- Provide independent, evidence-based risk reports to the CEO, the Board, and the Risk and Data Management Committee.
- Monitor compliance with legislation, policies, and international standards.
- Oversee risk mitigation strategies, internal controls, and contingency planning.
- Coordinate risk assessments for major projects, programs, and investments.
- Conduct stress testing and scenario analysis to safeguard the National Insurance Fund.
- Liaise with regulators, auditors, and stakeholders to ensure compliance and best practices.
- Ensure timely follow-up and implementation of internal and external audit recommendations
- Prepare monthly work plans and assist direct reports in their planning.
- Conduct quarterly performance reviews and appraisals.
- Represent NISSS in local and international forums on risk, governance, and compliance.
- Perform any duties as assigned by the CEO or the Board.
Requirements
- Master’s degree in Risk Management, Finance, Law, Accounting, Economics, or related field; or
- Bachelor’s degree in a similar discipline with a relevant professional designation (e.g., FRM, PRM, CFA, CPA, CIA).
- At least 5–10 years of progressive experience in risk management, compliance, internal audit, or financial oversight.
- Experience working in government, financial institutions, or social security systems preferred.
- Familiarity with accounting, actuarial, and investment risk management principles and risk modelling techniques.
Skills and Other Attributes Desired
- Strong knowledge of enterprise risk management frameworks, internal controls, and compliance standards.
- Excellent analytical, strategic thinking, and problem-solving skills.
- Leadership, team management, and organizational development capabilities.
- Excellent communication and interpersonal skills to present risk insights effectively.
- Proficiency with risk assessment tools, financial modelling, and data analysis software.
- Ability to perform under pressure, manage competing priorities, and meet strict deadlines.
- High ethical standards, integrity, and sound judgment.
Please submit your resume along with the names and contact information of two business references to vacancy@bginis.gov.bb on or before Sunday, March 1, 2026. You should indicate the name of the position for which you are applying in the subject line of your email.
Thank you for your application. Please note that only short-listed candidates will be acknowledged.