LOLC (CAMBODIA), Plc. is one of the top licensed
microfinance institutions in Cambodia with a social vision and a
business orientation that provides entrepreneurs and families at the
base of the socio-economic pyramid with economic opportunities to
transform the quality of their lives and their communities through the
provision of effective and sustainable client-empowering financial
services. Currently, LOLC serves more than 232,000 clients with loans outstanding of more than 450 million USD.
To support the rapid growth of our operations, LOLC is recruiting
one (01) Risk Management Unit Manager based at Head Office.
POSITION:
Risk Management Unit Manager (1 positions)
LOCATION:
Head Office (Phnom Penh,1 positions)
Duties and Responsibilities:
- Assists to review the company’s capital allocation to ensure resources are suitably utilized to optimize returns given the company’s tolerance for risk.
- Assists to prepare risk management strategies and policies to be followed by the company and submit such as strategies and policies for the approval and monitoring and implementation thereof.
- Assist to update the Risk Management Manual and other recommendations to mitigate Risks.
- Monitor the implementation of the Risk Management Manuals and workplans.
- Conducts a discovery the process to identify risks not so far covered by the existing risk management provisions and submits appropriate recommendations for their controls.
- Identify risk owners and establish the adequate mitigating controls and action plans.
- Monitors and evaluates the implementation of controls and action plans.
- Periodically reviews the company’s system of internal controls which shall promote effective and efficient operations, reliable financial and regulatory reporting, and compliance with relevant laws, regulations, and policies of the company.
- Determines possible risks when there are any significant changes on product lines, risk oversight process, internal controls, or the overall risk profile of the company.
- Continuously evaluates the independence and overall effectiveness of the company’s risk management functions.
Qualification and Requirements:
- At least bachelor’s degree in Risk Management, Finance, Economics or related fields.
- At least 5-year work experiences in financial services preferably in operations, risk, and audit capacity.
- Strongly initiative and critical thinking to analyze the existing and potential risks.
- Ability to work with pressure and responsibility.
- Willingness to travel to support the operations and staff training at provinces.
- Strong computer literacy (MS. Office).
- Excellent spreadsheet analysis and communication skills.
- Be honest, high commitment and good team work spirit.
Remuneration:
LOLC offers competitive remuneration to employees such as Khmer New Year Bonus, Pchum Ben Bonus, year-end bonus, annual salary increase, medical allowance, personal accident insurance, training and career development opportunities, and a good working environment that are fully compliant with Cambodia Labor Law.
How to apply:
Interested candidates should submit a CV, Cover Letter, and recent passport photograph, clearly mentioning the position and location applied for, to any nearby LOLC office or to the Human Resources Department at #666B, street 271, Sangkat Phsar Daeum Thkov, Khan Chamkarmon, Phnom Penh or email to recruitment@lolc.com.kh by June 25, 2019
Applicants submitted via email should follow the below guideline:
1. Email subject must be: Applying for (position title) (Ex: Applying for Credit Officer);
2. CV & Cover letter must be combined in one PDF or MS Word file and not exceed 5MB; and
3. Supporting documents are not required.
Only shortlisted candidates will be contacted. Submitted applications will not be returned.
