Manager, Risk Support (Cayman Islands) - Public Service Pensions Board

 Agency: Public Service Pensions Board

Reference: R02722020

Salary: CI$74,000 - CI$94,092

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.
• Well-developed managerial skills to liaise efficiently at all levels of management
• Analytical and interpersonal skills
• Professional designation in Accounting and Risk Management
• 8 to 10 years of experience in a pensions administration environment in the field of 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.  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

APPLICATION FORMS

• Form [PDF]
• Form [Word]
• Guidance Notes [PDF]

Benefits will be determined in accordance with the Public Service Management Law, Personnel Regulations, the Public Service Pensions Law and the CINICO Health Plan as may be amended from time to time. Pension and health benefits are non-contributory.