Risk Associate

Risk & Compliance

Reports to:
Manager, Operational Risk or Manager, Credit Risk

Job Purpose:
The Risk Associate is responsible for providing support to the Manager, Operational Risk or the Manager, Credit Risk in the implementation and execution of the credit risk or operational and liquidity risk management framework and supporting processes across the Group of Companies.

Duties and Responsibilities:

  • Assist in the maintenance of processes to identify and evaluate risks and the
  • Assist in the development of risk policies and procedures as assigned.
  • Provide support in the monitoring of major and critical risk issues including
  • Assist in the identification of risks where appropriate.
  • Support the corporate risk and control assessment reporting process and
  • Provide support in the development of management reporting.
  • Provide support in the conduct of risk assessments as assigned.
  • Review and recommend changes to policies, procedures, processes & other
  • Support the implementation of the risk and control framework.
  • Support the implementation and conduct of the internal stress test programmes
  • Participate in stakeholder, local and regional discussions to formulate new or enhance existing security processes, policies, standards, products and services and assist in decision-making.
  • Assist in the preparation of reports (e.g. Board reports, Assessment reports) and other documentation as required.
  • Facilitate in-house training as required including but not limited to:
    o risk tools and systems
    o policies and procedures
    o mitigation strategies
    o Incident Reporting
  • Any other duties ancillary or related to the foregoing.


Qualifications and Experience

  • Bachelor’s Degree in Finance and Accounting or a related area.
  • A minimum of 2 years’ related experience.
  • Professional certification in Risk Management (RIMS or equivalent) would be an asset.
  • Membership of the Institute of Risk Management is desirable.


Knowledge/Skills and Abilities

  • Good understanding and experience of risk management within the financial services industry.
  • Strong knowledge and appreciation of financial regulations.
  • Demonstrates the highest level of integrity, confidentiality and ethical standards.
  • Excellent and management skills.
  • Excellent Communication, oratorical and Interpersonal skills.
  • Good working knowledge of performance management.
  • Excellent capabilities in statistical analysis and reporting.
  • Ability to summarise financial information without compromising depth.
  • Advanced IT skills, especially specialised software for data analysis.
  • Proven adaptability, use of initiative and ability to work under pressure.
  • Team player skills.
  • Problem solving skills.
  • Strong analytical skills.
  • Proven ability to assimilate information from an expansive variety of sources.
  • Innovative and results oriented.
  • Strong interpersonal skills.
  • Ability to work independently and successfully apply professional judgment.
  • Excellent time management capabilities.


Working Conditions

  • Working conditions are normal for an office environment.
  • Occasional travel as required.



  • Senior Leadership and Supervisory Teams of all operating entities within the group.
  • Credit Union membership and related company clientele
  • Assurance Functions (Internal Audit and Compliance)
  • External audit teams.
  • Regulators (domestic and regional)


How to Apply:

Applications should be sent to Patricia Archer, Human Resources Department via  jobs@bpwccul.bb

Subject: Risk Associate

Deadline: March 15th, 2024


We thank all candidates however only shortlisted candidates will be contacted.

  • Online Banking

Call us: (246) 622-9000

Toll-free 1-866-800-6146

Fax: (246) 437-8745

E-mail: contact@bpwccul.bb

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