Background Information

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.Public procurement consulting

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 positions:

Enterprise Risk Manager

Background Information

Job Title: Enterprise Risk Manager

Current grade: JG E-Manager

Department: Enterprise Risk Management Department

Reports to: Chief Risk Officer

Contract Term: Open- ended

Purpose of the Job:

The Enterprise Risk Manager is responsible for leading, overseeing, and embedding an effective Enterprise Risk Management (ERM) framework application across the institution. The role ensures that all material financial and non-financial risks are identified, assessed, monitored, reported, and managed in line with the institution’s strategy, risk appetite, and regulatory expectations. The role carries overall accountability for enterprise risk governance, consolidated risk reporting, regulatory engagement on risk matters, and people management of the Enterprise Risk function.

Support the establishment, implementation and maintaining of an effective Enterprise Risk Management (ERM) framework, aligned with the institution’s strategy, mandate, and risk appetite.

Key Responsibilities:

People Management:

• Manage departmental resources, including staff performance, capacity building, and work planning and execution through.
• Quality and timeliness of risk assessments and reporting.
• Effective follow-up of mitigation actions.
• Address capacity or performance gaps proactively.
• Lead the performance management process for the risk function, including setting individual and team KPIs aligned to the ERM strategy.
• Conducting performance reviews and feedback sessions
• Setting clear expectations, priorities, and performance standards for the Risk Officers, Analysts and Specialists.

Governance and Reporting:

• Review and challenge consolidated risk reports to ensure alignment with strategy, risk appetite, and governance standards.
• Oversee the governance, approval, and regulatory submission of ICAAP and ILAAP.
• Support the development, maintenance, and reporting of the Risk Appetite and Risk Management Frameworks.
• Ensure risk assessments for strategy, business plans, new products, and transformation initiatives are completed and reported prior to approval.
• Produce executive and Board-level reports on the Bank’s overall risk profile, emerging risks, and strategic risk trade-offs.
• Ensure timely review and submission of risk policies, methodologies, tools, and reports through the appropriate governance structures.

Functional and Operational Responsibilities:

• Ensure alignment of technical risk tools with regulatory standards and best practices.
• Maintain and update enterprise-wide risk registers, action plans, and follow-up trackers
• Review and challenge risk assessments, stress tests, scenario analyses, and risk metrics.
• Ensure the following.
• Key risks are properly escalated in a timely manner.
• Risk Messaging is aligned with management and Board expectations- Strategy and Mandate of the bank
• Strategic implications and decisions are clearly highlighted during risk reporting
• Ensure risk mitigations for the identified risks are developed and implemented in collaboration with the risk owners.
• Carry out risk culture assessments and train the same, to the Bank staff at least once a year.

Performance Indicators

Team Performance Management

Completed and documented monthly, quarterly, and annual performance reviews for analysts, including objectives, feedback, and development actions.

Stakeholder Reporting

Timely delivery of accurate and decision-ready risk reports to internal management committees, the Board, and external stakeholders, as required.

Cross Departmental Coordination

Effective coordination of risk-related project assignments and deliverables across departments, ensuring agreed timelines and outputs are met.

Risk Culture & Awareness

Contributed to the implementation of risk awareness and risk culture initiatives, including training, communications, or embedding risk considerations into business processes.

Department Representations

Representing the Risk Department in internal and external engagements, providing accurate input and feedback in line with approved risk positions.

Risk Projects- Organization & Delivery

Supported the organization, documentation, and implementation of risk department projects, ensuring proper records, tracking, and timely delivery of agreed outputs.

Professional, Academic Qualifications and Experience

• Minimum Qualification: FRM/CPA, CERTIFIED ISO 31000, or a recognized ERM Certification Program.
• Experience of at least 5 years in similar function in a bank.
• At least a bachelor’s degree in economics, Finance, Management, Mathematics, statistics or similar fields.
• Fluency in English, with excellent oral and written communication skills.
• Proficiency in Excel especially Excel for Finance and Modelling
• Ability to manipulate, analyze, summarize, and present data/results
• Strong quantitative, analytic, and problem-solving skills
• Strong work ethic, honesty and integrity
• Strong interpersonal communication skills and ability to work in teams.
• Be a certified member of a professional risk association or Institute

Core Competencies

• Strategic thinking and judgment
• Leadership and people management
• Strong communication and presentation skills
• Ability to challenge constructively and independently
• High ethical standards and professional integrity

Behavioral Competencies

• Accountability
• Excellence
• Innovation
• Integrity

• Manage departmental resources, including staff performance, capacity building, and work planning and execution.
• Ensure quality and timeliness of risk assessments and reporting.
• Oversee effective follow-up of mitigation actions.
• Address capacity or performance gaps proactively.
• Lead the performance management process for the risk function, including setting individual and team KPIs aligned to the ERM strategy.
• Conduct performance reviews and feedback sessions.
• Set clear expectations, priorities, and performance standards for the Risk Officers, Analysts and Specialists.
• Review and challenge consolidated risk reports to ensure alignment with strategy, risk appetite, and governance standards.
• Oversee the governance, approval, and regulatory submission of ICAAP and ILAAP.
• Support the development, maintenance, and reporting of the Risk Appetite and Risk Management Frameworks.
• Ensure risk assessments for strategy, business plans, new products, and transformation initiatives are completed and reported prior to approval.
• Produce executive and Board-level reports on the Bank’s overall risk profile, emerging risks, and strategic risk trade-offs.
• Ensure timely review and submission of risk policies, methodologies, tools, and reports through the appropriate governance structures.
• Ensure alignment of technical risk tools with regulatory standards and best practices.
• Maintain and update enterprise-wide risk registers, action plans, and follow-up trackers.
• Review and challenge risk assessments, stress tests, scenario analyses, and risk metrics.
• Ensure key risks are properly escalated in a timely manner.
• Ensure risk messaging is aligned with management and Board expectations - Strategy and Mandate of the bank.
• Ensure strategic implications and decisions are clearly highlighted during risk reporting.
• Ensure risk mitigations for the identified risks are developed and implemented in collaboration with the risk owners.
• Carry out risk culture assessments and train the same, to the Bank staff at least once a year.

• Proficiency in Excel especially Excel for Finance and Modelling
• Ability to manipulate, analyze, summarize, and present data/results
• Strong quantitative, analytic, and problem-solving skills
• Strong work ethic, honesty and integrity
• Strong interpersonal communication skills and ability to work in teams.
• Strategic thinking and judgment
• Leadership and people management
• Strong communication and presentation skills
• Ability to challenge constructively and independently
• High ethical standards and professional integrity

• FRM/CPA, CERTIFIED ISO 31000, or a recognized ERM Certification Program.
• At least a bachelor’s degree in economics, Finance, Management, Mathematics, statistics or similar fields.
• Fluency in English, with excellent oral and written communication skills.
• Be a certified member of a professional risk association or Institute