Manager, Risk Support
Salary: CI$74,000 to $94,092 per annum
The Public Service Pensions Board (PSPB) is a public authority established to administer
the public sector pension plans in the Cayman Islands. These include: the Public Service
Pensions Plan, the Parliamentary Pensions Plan and the Judicial Pension Plan. Both
Defined Benefit and Defined Contribution types of provisions are involved.
The Manager, Risk Support, assists and supports the Chief Operating Officer with risk
management programs that span multiple functional groups in the evaluation of the
organizations processes and systems to ensure robust business continuity. The
successful candidate will lead this renewed enterprise risk management programme and
will have oversight of the development of the PSPB’s risk management policies and
programs while building a culture of mindful risk and compliance management in all
members of staff; to ensure internal controls, processes and systems are effectively
supporting the organization, while minimizing risk, optimising returns and asset growth,
minimizing credit and operating losses and limiting other risk exposures.
The ideal candidate must be able to work independently to conduct routine and complex
audit projects, including planning, organizing and scheduling work to ensure that audit
activities are completed accurately and on time; and will have responsibility for the
following:
- Develops, implements and administers risk management programs to mitigate the
organization’s exposure to financial, operational, market, or other risks (including
cyber security) - Establishes risk tolerance guidelines and policies and ensures the risk exposure of
the organization is within these guidelines to protect the organizations assets - Ability to carry out qualitative and quantitative assessment of risk; has a working
understanding of integrated risk management processes - Develops processes for effective and efficient data analysis and risk reporting to identify
and communicate risk exposure - Keeps up to date on developments in regulatory compliance risk management that
may affect the organization, and works to identify ways to improve internal
processes and procedures accordingly to minimize risk exposure - Develops in consultation with the Chief Operating Officer quarterly risk reporting
to the Board and/or senior management to inform decision making.
Qualifications and Experience (at a minimum):
- A Bachelor’s Degree in Business Administration, Accounting, Finance or related
field. A Master’s Degree is preferred. - 8 to 10 years of experience in a pensions administration environment in the field
of risk management - Well-developed managerial skills to liaise efficiently at all levels of management
- Analytical and interpersonal skills</li
- Professional designation in Accounting and Risk Management
- Knowledge of Risk Management including operational and financial risk issues
- Knowledge of how government works and how pension’s plans are managed
The Board offers an attractive compensation package including pension and medical.
Salary will be commensurate with qualification and experience.
How to apply and contact information:
Please forward your Resume and three References that attests to your character and job-related activities to:
The Chief HR and Operations Officer
Public Service Pensions Board
P.O. Box 912
KY1 1103
CAYMAN ISLANDS
Email: angella.bent-thomas@pspb.ky
Deadline for receipt of application: December 31, 2020