job description
Mega International Commercial Bank is seeking a visionary Chief Risk Officer (CRO) to lead our risk governance framework and drive strategic initiatives in liquidity, credit, and operational risk management. Based in the dynamic hub of Bali, Indonesia, this executive role offers the opportunity to shape the future of risk management in a global financial institution.
As the CRO, you will play a pivotal role in safeguarding the bank’s assets, reputation, and long-term sustainability by implementing cutting-edge risk mitigation strategies. You will collaborate with senior leadership to align risk appetite with business objectives, ensuring compliance with international regulatory standards while fostering innovation in financial services.
This is a unique chance to join a forward-thinking organization committed to excellence, integrity, and growth in the ever-evolving banking landscape.
Responsibility
- Risk Governance Leadership: Develop and enforce a comprehensive risk governance framework aligned with global best practices and regulatory requirements.
- Strategic Risk Management: Oversee the identification, assessment, and mitigation of credit, liquidity, market, and operational risks.
- Regulatory Compliance: Ensure adherence to local and international financial regulations (e.g., Basel III, IFRS 9) and maintain robust reporting mechanisms.
- Liquidity & Capital Optimization: Design strategies to optimize liquidity buffers, capital adequacy, and stress-testing scenarios.
- Stakeholder Collaboration: Partner with the Board, CEO, and senior executives to integrate risk considerations into business strategy and decision-making.
- Risk Culture Development: Foster a risk-aware culture across the organization through training, policies, and performance metrics.
- Crisis & Incident Management: Lead the bank’s response to financial crises, fraud, or operational disruptions with proactive contingency planning.
- Technology & Innovation: Leverage fintech and data analytics to enhance risk monitoring, predictive modeling, and real-time decision support.
Qualifications
- Executive Experience: 15+ years in risk management, with at least 5 years in a CRO or senior leadership role within banking/financial services.
- Industry Expertise: Deep knowledge of commercial banking, credit risk, liquidity management, and regulatory frameworks (e.g., OJK, BI, Basel).
- Educational Background: Master’s degree in Finance, Economics, Risk Management, or related field; CFA, FRM, or PRM certification is a plus.
- Analytical & Strategic Mindset: Proven ability to develop data-driven risk strategies and present insights to executive stakeholders.
- Leadership & Communication: Exceptional interpersonal skills to influence cross-functional teams and represent the bank in industry forums.
- Global Perspective: Experience in international banking or multilateral financial institutions is highly desirable.
- Tech-Savviness: Familiarity with risk management software (e.g., Moody’s Analytics, SAS) and emerging technologies (AI, blockchain).
- Ethical Integrity: Unwavering commitment to ethical standards, transparency, and corporate governance.