Career Opportunity in Karakoram Cooperative Bank Limited (KCBL), Gilgit (Dec-2023)

Karakoram Cooperative Bank Limited (KCBL) invited applications for Chief Risk Officer in Gilgit (Dec-2023)

Karakoram Cooperative Bank Limited established in 1956 is one of the most vibrant financial institution, having largest network of 53 branches and 14 sub branches across Gilgit-Baltistan. We take great pride in offering services even in the remote areas of Gilgit-Baltistan.

Faculty Title:

Chief Risk Officer

Key Responsibilities:

• Responsible to safeguard bank’s interest by developing risk management strategies and ensuring development and implementation of risk policies.
• Develop risk policies for the bank in accordance with best market practices and ensure compliance with regulations of SBP.
• Ensure that financing exposures related to business segments are as per bank’s credit risk management policy and risk acceptance parameters.
• Review and approve portfolio limits ensuring their conformity with the approved risk appetite of the bank. Analyze risks associated with new ventures and products to intimate the relevant personnel in time.
• Carry out enterprise risk management by analyzing credit portfolios and formulate response strategy to secure bank’s business objectives.
• Report any material exception to the Bank’s Risk Management Policies & Risk Appetite to the top Management for appropriate corrective measures.