Risk Manager
2025-05-28T13:11:01+00:00
Development Bank of Rwanda (BRD)
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https://www.brd.rw/brd
FULL_TIME
kigali
Kigali
00000
Rwanda
Banking
Management
2025-06-07T17:00:00+00:00
Rwanda
8
The Development Bank of Rwanda (BRD) Plc is Rwanda’s only National Development Bank mandated to support Rwanda’s Vision 2050 development agenda. Over the past five years, the bank has registered exponential growth contributing to socio-economic development, strengthening institutional and human capacity, fostering corporate governance and risk management practices.
The Bank is implementing the revised strategic plan for 2024-2028 which is appropriately aligned to the country’s strategic direction enabling the Bank to unlock better value creation for its stakeholders by supporting entrepreneurs, addressing market failures, and impactful socioeconomic development.
To deliver on its bold vision and impactful objectives, the Bank’s expanded and refocused mandate is underpinned on four strategic focus areas:
Availing transformational finance.
Increasing green financing for a resilient future.
Driving scale and impact.
Fostering innovation and technology.
To achieve its strategic mandate, BRD recognizes the importance of strengthening its human and institutional capital to drive sustainable development and ensure the Bank remains a center of excellence in the financial sector.
BRD is committed to respecting gender equality and disability norms. We promote gender-responsive practices. Qualified candidates particularly females and persons living with disabilities are encouraged to apply.
To help accomplish this ambitious and exciting vision, the Development Bank of Rwanda (BRD) would like to recruit suitable qualified candidates to fill the following position:
RISK MANAGER (1)
Background Information
Job Title: Risk Manager
Department: CEO’s office
Reports to: Senior Project Coordinator for Export Credit Guarantee Facility (ECGF)
Project Introduction
The Development Bank of Rwanda is establishing an Export Credit Guarantee Facility (ECGF). The ECGF is a partial credit guarantee (PCG) facility that will support financial institutions in increasing financing for private enterprises operating in Rwanda with export potential or already active in the export sector (and its value chains).
The ECGF will offer individual, hybrid, and portfolio guarantee for MSMEs through partner financial institutions. The ECGF aims to promote financial inclusion while striving for financial sustainability and achieving its strategic objectives of export development contributing to job creation and poverty reduction in Rwanda.
Contract Terms: Open-Ended
Purpose of the Job:
The ECGF Risk Manager will be responsible for setting up ECGF’s risk management function, implementing ECGF’s (credit) risk management framework and building a team over time. This role is critical in managing and mitigating the credit risks (individual and portfolio) associated with the ECGF’s operations, enabling it to meet its objective of strengthening MSMEs in Rwanda through increased access to finance.
Key Responsibilities:
- Provide technical support and input in the financial and credit operations assessment/due diligence of new and existing partner financial institutions (PFIs) collaborating with BRD within the framework of the ECGF.
- Plan, design and implement credit-risk based monitoring plans to ensure soundness of the ECGF’s business.
- Perform comprehensive risk analysis of requests for issuance of guarantees for new loans and rescheduling of guarantees for existing loans. These reviews will include analysis of relevant information to help form an opinion on the guaranteed issuance or rescheduling.
- Prepare internal and external communications and reports on risks, exceptions, trends, concerns etc. related to ECGF’s guarantee portfolio.
- Provide suggestions for improvement to existing pre- and post-guarantee issuance processes and procedures.
- Track status of credit risk issues identified and reported.
- Implement core monitoring activities such as random guarantee portfolio audits.
- Carry out appraisal of all guarantees claim applications and provide recommendations to relevant internal bodies.
- Complete periodic trend and portfolio credit risk analysis via defined reports. Use best judgment to determine if new analysis is needed and communicate results of the portfolio analysis to management as needed.
- Monitor adherence to set risk limits, creditworthiness of the guaranteed portfolio, and contribute to identification and management of problem guarantees.
- Collaborate with BRD’s risk management, compliance and internal control departments to evaluate, test and report on the adequacy and effectiveness of ECGFs controls.
- Perform ongoing risk monitoring to identify emerging risks for the ECGF.
- Carry on any other assignment delegated by the line managers or the Management of the Bank
Performance Indicators
The performance of the ECGF Risk Manager will be assessed based on key performance indicators related to ECGF’s adherence to set risk limits and its risk management framework, among other financial indicators.
Professional, academic qualifications and experience
- A bachelor’s or master’s degree in finance, economics, business administration, or a related field.
- At least seven years of progressive experience within the financial services sector in Rwanda.
- In-depth and up-to-date knowledge of the Rwandan banking and (M)SME finance sector including Rwandan banking regulations.
- Sound knowledge of credit policies, procedures and credit risk management covering pre- and post-disbursement aspects with prior experience with credit guarantee products is desirable.
- Strong financial analysis skills.
- Strong people management skills.
- Strong written and verbal communication skills and ability to engage with diverse stakeholders.
- A strong understanding of compliance, as well as knowledge of KYC (Know Your Customer), AML (Anti-Money Laundering), and CFT (Combating the Financing of Terrorism) procedures, laws, and regulations, is highly advantageous.
Key Responsibilities: Provide technical support and input in the financial and credit operations assessment/due diligence of new and existing partner financial institutions (PFIs) collaborating with BRD within the framework of the ECGF. Plan, design and implement credit-risk based monitoring plans to ensure soundness of the ECGF’s business. Perform comprehensive risk analysis of requests for issuance of guarantees for new loans and rescheduling of guarantees for existing loans. These reviews will include analysis of relevant information to help form an opinion on the guaranteed issuance or rescheduling. Prepare internal and external communications and reports on risks, exceptions, trends, concerns etc. related to ECGF’s guarantee portfolio. Provide suggestions for improvement to existing pre- and post-guarantee issuance processes and procedures. Track status of credit risk issues identified and reported. Implement core monitoring activities such as random guarantee portfolio audits. Carry out appraisal of all guarantees claim applications and provide recommendations to relevant internal bodies. Complete periodic trend and portfolio credit risk analysis via defined reports. Use best judgment to determine if new analysis is needed and communicate results of the portfolio analysis to management as needed. Monitor adherence to set risk limits, creditworthiness of the guaranteed portfolio, and contribute to identification and management of problem guarantees. Collaborate with BRD’s risk management, compliance and internal control departments to evaluate, test and report on the adequacy and effectiveness of ECGFs controls. Perform ongoing risk monitoring to identify emerging risks for the ECGF. Carry on any other assignment delegated by the line managers or the Management of the Bank
Strong financial analysis skills. Strong people management skills. Strong written and verbal communication skills and ability to engage with diverse stakeholders. A strong understanding of compliance, as well as knowledge of KYC (Know Your Customer), AML (Anti-Money Laundering), and CFT (Combating the Financing of Terrorism) procedures, laws, and regulations, is highly advantageous.
Professional, academic qualifications and experience A bachelor’s or master’s degree in finance, economics, business administration, or a related field. At least seven years of progressive experience within the financial services sector in Rwanda. In-depth and up-to-date knowledge of the Rwandan banking and (M)SME finance sector including Rwandan banking regulations. Sound knowledge of credit policies, procedures and credit risk management covering pre- and post-disbursement aspects with prior experience with credit guarantee products is desirable.
JOB-68370b65d72e7
Vacancy title:
Risk Manager
[Type: FULL_TIME, Industry: Banking, Category: Management]
Jobs at:
Development Bank of Rwanda (BRD)
Deadline of this Job:
Saturday, June 7 2025
Duty Station:
kigali | Kigali | Rwanda
Summary
Date Posted: Wednesday, May 28 2025, Base Salary: Not Disclosed
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JOB DETAILS:
The Development Bank of Rwanda (BRD) Plc is Rwanda’s only National Development Bank mandated to support Rwanda’s Vision 2050 development agenda. Over the past five years, the bank has registered exponential growth contributing to socio-economic development, strengthening institutional and human capacity, fostering corporate governance and risk management practices.
The Bank is implementing the revised strategic plan for 2024-2028 which is appropriately aligned to the country’s strategic direction enabling the Bank to unlock better value creation for its stakeholders by supporting entrepreneurs, addressing market failures, and impactful socioeconomic development.
To deliver on its bold vision and impactful objectives, the Bank’s expanded and refocused mandate is underpinned on four strategic focus areas:
Availing transformational finance.
Increasing green financing for a resilient future.
Driving scale and impact.
Fostering innovation and technology.
To achieve its strategic mandate, BRD recognizes the importance of strengthening its human and institutional capital to drive sustainable development and ensure the Bank remains a center of excellence in the financial sector.
BRD is committed to respecting gender equality and disability norms. We promote gender-responsive practices. Qualified candidates particularly females and persons living with disabilities are encouraged to apply.
To help accomplish this ambitious and exciting vision, the Development Bank of Rwanda (BRD) would like to recruit suitable qualified candidates to fill the following position:
RISK MANAGER (1)
Background Information
Job Title: Risk Manager
Department: CEO’s office
Reports to: Senior Project Coordinator for Export Credit Guarantee Facility (ECGF)
Project Introduction
The Development Bank of Rwanda is establishing an Export Credit Guarantee Facility (ECGF). The ECGF is a partial credit guarantee (PCG) facility that will support financial institutions in increasing financing for private enterprises operating in Rwanda with export potential or already active in the export sector (and its value chains).
The ECGF will offer individual, hybrid, and portfolio guarantee for MSMEs through partner financial institutions. The ECGF aims to promote financial inclusion while striving for financial sustainability and achieving its strategic objectives of export development contributing to job creation and poverty reduction in Rwanda.
Contract Terms: Open-Ended
Purpose of the Job:
The ECGF Risk Manager will be responsible for setting up ECGF’s risk management function, implementing ECGF’s (credit) risk management framework and building a team over time. This role is critical in managing and mitigating the credit risks (individual and portfolio) associated with the ECGF’s operations, enabling it to meet its objective of strengthening MSMEs in Rwanda through increased access to finance.
Key Responsibilities:
- Provide technical support and input in the financial and credit operations assessment/due diligence of new and existing partner financial institutions (PFIs) collaborating with BRD within the framework of the ECGF.
- Plan, design and implement credit-risk based monitoring plans to ensure soundness of the ECGF’s business.
- Perform comprehensive risk analysis of requests for issuance of guarantees for new loans and rescheduling of guarantees for existing loans. These reviews will include analysis of relevant information to help form an opinion on the guaranteed issuance or rescheduling.
- Prepare internal and external communications and reports on risks, exceptions, trends, concerns etc. related to ECGF’s guarantee portfolio.
- Provide suggestions for improvement to existing pre- and post-guarantee issuance processes and procedures.
- Track status of credit risk issues identified and reported.
- Implement core monitoring activities such as random guarantee portfolio audits.
- Carry out appraisal of all guarantees claim applications and provide recommendations to relevant internal bodies.
- Complete periodic trend and portfolio credit risk analysis via defined reports. Use best judgment to determine if new analysis is needed and communicate results of the portfolio analysis to management as needed.
- Monitor adherence to set risk limits, creditworthiness of the guaranteed portfolio, and contribute to identification and management of problem guarantees.
- Collaborate with BRD’s risk management, compliance and internal control departments to evaluate, test and report on the adequacy and effectiveness of ECGFs controls.
- Perform ongoing risk monitoring to identify emerging risks for the ECGF.
- Carry on any other assignment delegated by the line managers or the Management of the Bank
Performance Indicators
The performance of the ECGF Risk Manager will be assessed based on key performance indicators related to ECGF’s adherence to set risk limits and its risk management framework, among other financial indicators.
Professional, academic qualifications and experience
- A bachelor’s or master’s degree in finance, economics, business administration, or a related field.
- At least seven years of progressive experience within the financial services sector in Rwanda.
- In-depth and up-to-date knowledge of the Rwandan banking and (M)SME finance sector including Rwandan banking regulations.
- Sound knowledge of credit policies, procedures and credit risk management covering pre- and post-disbursement aspects with prior experience with credit guarantee products is desirable.
- Strong financial analysis skills.
- Strong people management skills.
- Strong written and verbal communication skills and ability to engage with diverse stakeholders.
- A strong understanding of compliance, as well as knowledge of KYC (Know Your Customer), AML (Anti-Money Laundering), and CFT (Combating the Financing of Terrorism) procedures, laws, and regulations, is highly advantageous.
Work Hours: 8
Experience in Months: 84
Level of Education: bachelor degree
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