CORE FUNCTION:

 This job is responsible for providing direct support to the Senior Manager, Credit & Market Risk in overseeing the execution of the credit and market risk management program of the Bank and promoting an effective and robust risk management culture.

DUTIES & RESPONSIBILITIES:

 

  • Prepare decision documents for approval by the Board and management, as appropriate.
  • Make recommendations based on analyses to the Senior Manager, Credit & Market Risk for review and approval.
  • Monitor credit risk and market risk portfolios in relation to approved risk appetite, thresholds, concentration exposures, and regulatory and policy requirements.
  • Research and report on the performance of various sectors to inform the review and revision of credit strategy and credit risk appetite.
  • Research and report on the performance of market risk performance and risk indicators to inform the review and revision of market risk and investment strategy and appetite.
  • Prepare relevant risk management reports and ensure compliance to approved schedule of risk reporting.
  • Provide direct support to the Senior Manager, Credit & Market Risk in the remediation of compliance, regulatory, risk and audit findings/corrective actions agreed.
  • Provide direct support to the Senior Manager, Credit & Market Risk in the planning and execution of projects related to the credit risk and market risk management programs.
  • Conduct periodic/scheduled reviews and assessments of insurance companies, accounting and audit providers to the Bank’s customers and investment fund managers.
  • Conduct routine and ad hoc risk assessments as assigned.
  • Perform the data management and maintenance required to support the market and credit risk management frameworks and methodologies.
  • Conduct routine and ad hoc spot checks and independent reviews of the effectiveness of internal risk controls and risk mitigation strategies for credit and market risks.
  • Conduct routine and ad hoc stress testing and scenario analysis in relation to the impact of credit risk and market risks on the Bank’s earnings, liquidity and capital.
  • Assist the Senior Manager, Credit & Market Risk with routine and ad hoc research and reports.
  • Conduct credit and investment product risk assessments for new products to be onboarded.
  • Conduct annual risk review and assessment of existing credit and investment products.
  • Conduct annual review of the Bank’s credit pricing model and tools, including assessment of risks in relation to interest income earnings.
  • Conduct independent annual risk review of the performance of the credit and investment portfolios in relation to the Bank’s credit and investment corporate objectives.
  • Provide direct support and assistance to the Senior Manager, Credit & Market Risk in developing appropriate risk models, reviewing and maintaining market risk policies, credit risk management policies, procedures, systems, tools and the credit risk department’s risk register.
  • Provide direct support and assistance to the Senior Manager, Credit & Market Risk as required, in any other duties and task as assigned from time to time.

REQUIRED KNOWLEDGE, SKILLS & ABILITIES: 

  • Attention to detail
  • Risk management
  • Risk identification and assessment
  • Risk response and reporting
  • Governance risk and controls application
  • Strong interpersonal skills
  • Effective communication skills (both written and verbal)
  • Data analytics
  • Computer Skills
  • Excellent planning and organizational skills to balance and prioritize workload to meet deliverable targets.
  • Ability to take ownership of projects and issues and see them through to completion.
  • Must be a forward thinker with the ability to evaluate current practices and raise challenge through Manager/Supervisor.
  • Demonstrated flexibility in responding to changing priorities.
  • Ability to develop and maintain effective working relationships with key business partners.

Qualifications & Experience

  • Bachelor’s degree in a quantitative field (such as Engineering, Mathematics, Business, Economics, Statistics, or Accounting).
  • Other professional qualifications in risk management or credit risk management or market risk management.
  • A minimum of 3-5 years’ experience in banking/financial services industry with emphasis on credit and investments.

 DEADLINE FOR APPLICATIONS:

Applications must be addressed to the Executive Manager, Human Resources and must reach her via email: [email protected] on or before Wednesday, October 26th, 2022

CORE FUNCTION:

  • This position is responsible for performing operational and technical audits and reviews within the Internal Audit function of the Bank.

DUTIES & RESPONSIBILITIES:

  • Execute audit programs designed to achieve engagement objectives and contribute to improved governance, risk management and control processes.
  • Review systems, processes, procedures, reports, transactions, and other information to assess reliability, accuracy, completeness, adequacy, and effectiveness.
  • Conduct assurance testing to assess whether governance, risk management and control processes are operating as intended and in compliance with applicable policies procedures and regulations.
  • Conduct interviews of responsible officials and staff of the Bank as needed to gain an overall understanding of systems, processes, procedures, reports and transactions. Identify obtain, analyze and evaluate relevant information to support audit conclusions and results.
  • Exercise critical thinking through the application of data collection, data mining, data analysis and statistical techniques.
  • Present findings and propose recommendations that deal with the root cause of issues and their impact on the organization.
  • Document procedures performed and prepare reports of findings.
  • Ensure compliance with the Internal Audit Department’s standards.

REQUIRED KNOWLEDGE, SKILLS & ABILITIES:

  • Knowledge and understanding of Internal Audit principles, practices and techniques, and concepts of Governance, Risk Management, Internal Control, and Compliance
  • An understanding of a Bank’s operations across the various business areas;
  • Knowledge of the Bank’s policies and procedures;
  • Strong analytical, written/verbal communication, interpersonal and relationship building skills;
  • Ability to work with minimum supervision. Demonstrate commitment to professional growth and career progression through proactively pursuing relevant education and training.
  • Fully competent in PC applications (MS Office suite of applications, in particular, Microsoft Word, Excel and Access; and the ability to quickly learn relevant and potentially complex applications is required.
  • Ability to meet deadlines.
  • Ability to work well with people at all levels of the organization.

Qualifications & Training

  1. Bachelor’s Degree in a business-related subject or completion of Level 2 ACCA or Level 4 CGA
  2. Professional certification such as Certified Internal Auditor (CIA), ACCA, CGA would be an asset.
  3. At least two (2) years’ relevant audit or banking experience.
  4. Applicants must be fully vaccinated against COVID-19

DEADLINE FOR APPLICATIONS:

Applications must be addressed to the Senior Manager, Human Resources and must reach her via email: [email protected] on or before Tuesday, February 22, 2022.

 

 

CORE FUNCTION:

This job is responsible for supporting the Executive Manager, Wealth Management and Financial Services in achieving the Department’s objectives in accordance with the Bank’s strategic vision, mission, and values.

DUTIES & RESPONSIBILITIES:

  • Promote a customer-centric culture
  • Facilitate resolution of customer queries and complaints within the Bank’s standards.
  • Interview prospective clients, ensuring:
    • full disclosure and understanding of customer needs
    • transactions are consistent with customers’ investment objectives and risk profile
  • Prepare periodic reports on the performance of the brokerage operations to assist in decision making
  • Ensure accurate and efficient processing of trading activities, auctions, customer requests and transactions within regulatory, policy requirements and best practice standards.
  • Develop and prepare investment articles, market reviews, performance analysis, newsletters, and other literature in support of the Department’s sales and education objectives.
  • Implement strategies and coordinate an effective business development approach to increase client database in the local, regional and international markets.
  • Conduct presentations, marketing initiatives and courtesy visits to encourage market development, achieve sales targets and solidify relationships
  • Timely preparation of regulatory and reconciliation reports.
  • Conduct sales, marketing, and administration of the foreign exchange trading service
  • Perform administration and management of:
    • custodial trust services
    • paying agent arrangements
    • other financial solutions under the charge of the Unit
  • Ensure compliance with regulatory requirements as stipulated ECSE, ECSRC and ECCSD rules, regulations and guidelines.
  • Acquire and maintain current knowledge of the Bank’s policies, procedures, products, and services particularly as it relates to Wealth Management operations, Know Your Customer, and AML/CFT; and ensuring continuous compliance.
  • Keep up to date with market conditions and developments.
  • Undertake other duties that are consistent in achieving the objectives of the position and assigned by the principal.
  • Any other duties assigned from time-to-time.

REQUIRED KNOWLEDGE, SKILLS & ABILITIES:

  • Selling and presentation skills
  • Negotiation skills
  • Financial Analysis skills
  • Organizational and time management skills
  • Problem solving and analytical skills
  • Numeracy skills
  • Interpersonal skills
  • Communication skills
  •  Risk management skills
  • Computer Skills – including ECSE trading platform

QUALIFICATIONS & TRAINING

  • Bachelor’s Degree in Accounting, Finance or Economics or Accounting or Professional Accounting Accreditation – Intermediate Level
  • Eastern Caribbean Securities Market (ECSM) Certification

DEADLINE FOR EXPRESSIONS OF INTEREST: Applications must be addressed to the Senior Manager, Human Resources on or before Monday January 24, 2022, via email: [email protected]

 

 

CORE FUNCTION:

This job is responsible for assisting with the management of the Bank’s Credit Portfolio giving due regard to laid down guidelines and procedures.

DUTIES & RESPONSIBILITIES:

Service

  • Facilitate sundry service requests for customers and channel same to the appropriate personnel.
  • Facilitate the resolution of customer queries and complaints using Synapsys within 48 hours/2 business days.

Operations

  • Contribute to the growth of the portfolio and achievement of the department’s targets by:
    • Interviewing clients, analyzing financial and other information, preparing proposals for presentation to the manager or adjudicating team as delegated.
    • Extending recommendations for applications and requests and handling referrals as required
    • Proactively soliciting customers and providing them with financial solutions.
  • Conduct site visits to support applications
  • Assist with the control and review of an assigned credit portfolio (loans and overdrafts) and pursue follow-up and collection strategies as necessary to:
  • Ensure accounts are reviewed by expiry date
  • Keep delinquency levels within 5%
  • Classify and report on watch listed accounts
  • Ensure that securities are captured and properly recorded
  • Visit properties to monitor progress / assess value
  • Conduct courtesy visits to customers on an ongoing basis to augment and solidify relationships
  • Assist with preparing periodic reports on the performance of the credit portfolio to assist in decision making.
  • Prepare and sign-off engagement documents for commercial projects between the Bank and project managers.
  • Complete documents with customers for the opening of accounts.
  • Assist with the completion of applications for point-of-sale machines and online banking
  • Conduct credit enquiries
  • Follow up with stakeholders to ensure that securities are perfected, sent to the Bank and up to date.
  • Review and manage DDA in excess(daily)

General

  • Keep up to date with market conditions and current affairs.
  • Undertake other duties that are consistent in achieving the objectives of the position as assigned by the Manager, Business Banking
  • Acquire and maintain a current knowledge of all the Bank’s policies, procedures, products, and services particularly as it relates to lending, Know Your Customer, and AML/CFT.

REQUIRED KNOWLEDGE, SKILLS & ABILITIES:

  • Organizational and time management skills
  • Relationship management skills
  • Administrative skills
  • Team building skills
  • Analytical skills
  • Financial Analysis skills
  • Time management skills
  • Problem solving skills
  • Interpersonal skills
  • Communication skills
  • Computer skills
  • Selling skills
  • Strategic thinking skills
  • Negotiation skills
 

QUALIFICATIONS & TRAINING

  • Bachelor’s Degree in Business, Accounting, Finance or Economics
  • A minimum of three (3) years’ experience in banking with a minimum of two years in a credit capacity.

DEADLINE FOR EXPRESSIONS OF INTEREST: Applications must be addressed to the Executive Manager, Human Resources on or before Monday, January 24, 2022, via email: [email protected]

 

CORE FUNCTION:

Responsible for collaborating effectively with Senior Leadership and Management Team members to define, articulate, and champion the information technology and cyber security drivers necessary to achieve the Bank’s business objectives and strategic goals.  

DUTIES & RESPONSIBILITIES:

General

  • Report writing
  • Maintain current knowledge of all company policies, procedures, products and services
  • Undertake other relevant assignments for the benefit and development of GCBL

Principal Responsibilities

  • Provide leadership and guidance on information systems infrastructure management, network and telecommunications, and service management that enables the Bank to meet its business objectives.  
  • Facilitates an IT Steering Committee meeting on a regular cadence.
  • Contribute to general business planning regarding information technology and systems required to maintain/improve the Bank’s operations, competitiveness, and meeting customer expectations.
  • Provide effective reporting, data analytics, and actionable processes for the Bank’s data goals.  
  • Spearhead the selection of IT applications to meet the Bank’s current and future needs.  
  • Act as primary liaison and key relationship manager and escalation point between hardware, software, and managed services vendors.  
  • Assess, recommend, and oversee all vendors and agreements for computing, telecommunications, IT services, CORE processing, and equipment.
  • Maintain appropriate service levels and processes to ensure that department goals and milestones are met. 
  • Provide leadership and planning for IT Bank staff as well as 3rd party service providers to ensure effective Service Level Agreements and benchmarks are achieved.
  • Identify products and services that will assist the Bank with technology research, implementation, and management issues.  
  • Manage the Information Technology budget and ensure that purchases and contracted services align with business objectives and the strategic vision.
  • Monitor the Bank’s technology infrastructure performance and upgrades.  
  • Oversee implementations, repairs, and upgrades of all electronic and communications equipment.  Maintain all asset tracking information regarding the Bank’s technology platforms.
  • Diagnose and recover from system failures/errors; and maintain and test IT disaster and pandemic plans; and provide appropriate feedback and gap analysis regarding business continuity.  
  • Co-ordinate ECCB, Auditors, and 3rd party regulatory examinations in the Information Technology area.
  • Continually review the CIS and NIST frameworks.  
  • Maintain the security of all Bank equipment and data processing information.  
  • Ensure confidentiality and reliability of data and information.  
  • Perform any additional duties as required or requested.

REQUIRED KNOWLEDGE, SKILLS & ABILITIES:

 

  • Strategic Planning skills
  • Team Building skills
  • Analytical skills
  • Co-ordinating skills
  • Project Management skills
  • Emotional Intelligence skills
  • Human Resource Development/Coaching skills
  • Negotiating skills
  • Proficiency in Banking Technology and understanding of industry trends and best-of-breed cloud, security, and hypervisor solutions.
  • Exceptional Team building and collaboration skills.
  • Effective time management and ability to meet deadlines and perform at high levels.
  • Excellent writing, oral communication, and presentation skills

Qualifications & Experience

  • Master’s degree in information technology, computer science, or related field. 
  • Leading and active industry certification such as CISSP, CISM, CGEIT, CRISC.
  • At least 5 -7 years proven experience in Information Technology leadership, preferably in banking or financial services.

DEADLINE FOR APPLICATIONS: Applications must be addressed to the Executive Manager, Human Resources and must reach her via email: [email protected] on or before Monday, December 20, 2021.

 

Nicola Philip (Ms.)

EXECUTIVE MANAGER, HUMAN RESOURCES

 

Grenada Co-operative Bank Limited invites suitable applications for the position of Information Security Manager

  • Core Function:

This position is responsible for providing vision, oversight and management of the Bank’s IT physical and cyber security policies, procedures, and practices. The Information Security Manager is responsible for ensuring that the Bank and its subcontractors implement industry best practice policies, procedures and security measures that address physical security, cyber security, data privacy and protection, as well as compliance with relevant laws and regulations.

Applicants must possess the following minimum qualifications/requirements:

  • in Computer Science or related field
  • Industry Security Certification such as a valid and current CISSP, CEH or CISM certification
  • Minimum of four (4) years’ experience in Information Technology or related field
  • Must be fully vaccinated against COVID-19

Persons must possess the ability to:

  • Analyse user needs and establish policies and procedures for modifying the Bank’s information systems. Participate in planning for future Bank information needs.
  • Prepare operational reports and analyses setting forth progress, adverse trends and appropriate recommendations or conclusions.
  • Develop and maintain the Bank’s strategic security program and plan, taking into consideration business and legal requirements, risk (likelihood and impact), and criticality.
  • Manage vendors providing technology services to the Bank, including managed security services, infrastructure engineering, operations, desktop support, and software development.
  • Develop, maintain and enforce the Bank’s Information Security Policy and supporting policies
  • Ensure technology solutions adhere to best practices and meet security requirements, including all contracts and customized software development solutions.
  • Provide guidance and make recommendations to the Bank’s management with regards to the security characteristics (i.e., advantages and disadvantages) of various technologies and business practices.
  • Ensure contracts with third-party contain appropriate security language, including data privacy and protection language required by law. Develop, maintain and manage a third-party security assessment program for key vendor relationships and third-party providers.
  • Administrate the bank’s Security Awareness Program and end user training.

 

  • Review and update Bank technology policies to reflect current and leading security measures.
  • Ensure CIS Framework is adhered by the Bank.
  • Plan, purchase, and implement security related hardware and software.
  • Ensure that matters of security are reported to relevant parties.
  • Conduct the bank’s IT Risk Assessment exercise.

 

  • Manage the security component of the IT helpdesk inclusive of incident routing, monitoring and resolution and reporting.

 

 

The incumbent must also possess the following skills:

 

  • Organizational skills
  • Interpersonal skills
  • Computer literacy, including use of MS Office, Internet, troubleshooting of software, hardware and networking
  • Strategic Planning skills
  • Communication skills
  • Problem solving
  • Information Security
  • System Administration
  • Strategic Technology Planning
  • Emerging Technologies
  • Leadership Skills

Salary will be commensurate with qualifications and experience.

Interested and suitably qualified persons must address applications to:

The Executive Manager, Human Resources
Grenada Co-operative Bank Limited
“Information Security Manager”
Church Street
St. George’s

 Applications can be forwarded to the Bank via email: [email protected]

 The closing date for applications is Friday, July 23, 2021.

Grenada Co-operative Bank Limited invites suitable applications for the position of Marketing Officer

Core Function:

This position is responsible for effectively administering the Bank’s Marketing initiatives to successfully target, capture and capitalize on various lucrative market segments.

Applicants must possess the following minimum qualifications: 

  1. Bachelor’s Degree in Business, Marketing, Communications or equivalent
  2. A minimum of three (3) years experience in planning and managing marketing programmes

Persons must possess the ability to:

  • Plan, design, recommend, and spearhead the execution of all approved mass marketing campaign initiatives of the Bank.
  • Sensitize staff at the Retail Banking about their responsibilities regarding marketing campaigns.
  • Coordinate with advertising agencies for the development of marketing materials.
  • Visit Retail Banking Units (RBUs) periodically to assess whether brand standards are adhered to and aligned with the Bank’s corporate image.
  • Conduct periodic site visits at bank sponsored community projects to ensure it meets accepted brand standards.
  • Assist with customer education initiatives of all Strategic Business Units.
  • Co-ordinate and execute bank sponsored and scheduled community activities.
  • Manage bank’s digital marketing platforms (e.g. website/social media) to ensure content is accurate and in adherence with brand standards.
  • Promote products and services and drive customer engagements.
  • Create and promote alternative channels to improve product accessibility and service solutions.
  • Prepare media releases and other public relations communications for the Bank
  • Coordinate and conduct periodic market research, surveys, and activities for strategic decision making
  • Negotiate sponsorships with stakeholders according to the bank’s key community pillars, and coordinate with recipients to arrange branding.
  • Co-ordinate with service providers for marketing related activities

The incumbent must also possess the following skills:

  • Organizational skills
  • Interpersonal skills
  • Strategic Planning skills
  • Communication skills
  • Social media and visual marketing skills
  • Analytical skills
  • Project management skills
  • Financial Analysis skills
  • Presentation skills

 

Salary will be commensurate with qualifications and experience. Interested and suitably qualified persons must address applications to:

The Executive Manager, Human Resources
Grenada Co-operative Bank Limited
“Marketing Officer”
Church Street
St. George’s

 Applications can be forwarded to the Bank via email: [email protected]


The closing date for applications is Friday, June 19, 2021.

Grenada Co-operative Bank Limited invites suitable applications for the position of Senior Finance Officer

Core Function:

This position is responsible for supporting the Executive Manager, Finance (EMF) in managing the financial operations of the Bank, ensuring financial sustainability according to acceptable standards of banking, financial institutions, and accounting.

Applicants must possess the following minimum qualifications:

  1. Bachelor’s Degree in Accounting or Finance or equivalent
  2. Professional Accounting Accreditation – Intermediate Level
  3. A minimum of five (5) years progressive experience working in an accounting or finance position

Persons must possess the ability to:

  • Assist with establishing and maintaining financial accounting systems and procedures for the prompt, accurate recording, retrieval, and analysis of GCBL’s financial operations to facilitate timely reporting and decision making.
  • Supervise the reconciliation, investment, and financial accounting responsibilities within the Finance Department. This includes setting appropriate performance targets for the individual staff members, timely completion of employee performance review and development plans.
  • Supervise the preparation and submission of all financial, regulatory, and statutory reports.
  • Supervise the Bank’s payroll system ensuring accurate and prompt payment of staff salaries and timely submission of statutory returns.
  • Supervise the annual audit by the External Auditor. This includes ensuring that all schedules are provided to the External Auditor on a timely basis.
  • Assist the EMF with the review, analysis and interpretation of the financial reports and the preparation of the annual budgets.
  • Supervise the Bank’s payable and purchasing systems with due regard to efficiency, effectiveness, and economy.
  • Assist the EMF with oversight of the Bank’s investment portfolio. This includes:
    • monthly review of the investment register and reconciliation
    • timely submission of investment reports
    • review of investment opportunities
    • ensure appropriate liquidation/ disposal of investments
    • ensure Fund Managers due diligence and monitoring

The incumbent must also possess the following skills:

  • Financial analysis skills
  • Organizational skills
  • Interpersonal skills
  • Strategic planning skills
  • Numeracy & problem-solving skills
  • Team building skills
  • Communication skills
  • Analytical skills
  • Implementation skills
  • Accountability skills
  • Risk management skills
  • Information technology skills
  • Negotiation skills
  • HR development/coaching skills

Salary will be commensurate with qualifications and experience.

Interested and suitably qualified persons must address applications to:

The Executive Manager, Human Resources
Grenada Co-operative Bank Limited
“Senior Finance Officer”
Church Street
St. George’s

 Applications can be forwarded to the Bank via email: [email protected]

 The closing date for applications is Monday, March 22, 2021.

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