Head of Risk at First Capital Bank Plc

We are seeking a highly experienced and strategic professional to join our Executive Leadership Team as Head of Risk at First Capital Bank plc in Malawi.

Reporting to the Chief Executive Officer, with a dotted line to the Group Head of Risk, the Head of Risk is a senior executive responsible for leading the enterprise-wide risk agenda. This role ensures that risk and control objectives are embedded across the Bank, supported by a robust and fit-for-purpose Risk & Control Framework.

As a key member of the Executive Management Team and a standing member of the Asset and Liability Committee (ALCO), the Head of Risk plays a pivotal role in shaping the Bank’s risk culture and strategic direction.

Key Role Outcomes

• Ensure all material risk concentrations are appropriately identified, monitored, and controlled.
• Minimise operational losses and enhance internal and external audit performance.
• Advise and support the business in identifying, assessing, and managing key risks within the
  Bank’s defined risk appetite.
• Drive effective governance by supporting and monitoring control issues raised through internal committees, regulatory inspections, and external audits.
• Provide timely escalation and reporting of key risks, ensuring effective remediation and mitigation actions are implemented.

Core Responsibilities:

• Operational Risk Management.
• Governance & Controls Assurance.
• Controls Remediation & Assurance.
• Stakeholder Engagement & Advisory.
• People Leadership & Team Development

Qualifications and Experience

• Bachelor’s degree in Finance, Accounting, Economics, or a related quantitative field.
• Professional certification (e.g. FRM, CFA, CISA, ACCA) is highly desirable.
• A postgraduate qualification (e.g. MBA, MSc in Risk Management or Finance) will be an added
  advantage.
• 8–10 years of experience in the financial services industry, with at least 5 years in a senior/executive role.
• Strong knowledge of Reserve Bank of Malawi regulations, Basel frameworks, and IFRS 9.
• A pragmatic and solution-oriented mindset with the ability to maintain independence while working collaboratively with business stakeholders.

Method Of Application

Please submit your application, including a detailed CV, certificate copies and cover letter:
[email protected] no later than Monday, 14 July 2025

Please note that only shortlisted candidates will be acknowledged.