Enterprise Risk Manager at Development Bank of Rwanda (BRD): (Deadline 29 April 2026)

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