Applications are invited from suitably qualified candidates for the position of




Reporting to the Manager: Risk & Compliance, the Risk Officer is responsible for the implementation of the Operational Risk Policy, including identifying, analysing and assessing operational risks, monitoring and maintaining operational risks; and monitoring the review of policies, business process and procedures, and supporting initiatives towards creating risk awareness.




  • Implement and facilitate the Operational Risk Plan, by executing the operational risk-based assessment programme or ad hoc projects in the business units.

  • Identify, analyse and assess operational risks, including annual fraud risk assessment, process risk assessments and operational risk incident investigation and assessment.

  • Monitor and maintain the Audit Finding Tracker and progress on the Business Units’ Risk Register Mitigation Action.

  • Review reconciliations of Business Units’ Suspense Accounts and report items of concern to the Manager: Risk and Compliance.

  • Monitor and analyse the Business Units’ Service Level Agreements (SLA’s) and outsourcing arrangements.

  • Contribute to Business Continuity Management, by offering professional input, coordinating disaster recovery and business continuity planning, testing responsiveness and communicating to all relevant stakeholders.

  • Coordinate and monitor the maintenance of policies, business processes and procedures.

  • Participate in risk awareness initiatives, including developing training material, drafting communication to internal stakeholders, in order to embed a risk management culture in the Bank.

  • Prepare monthly Operational Risk reports and Quarterly Risk reports for tabling at the Risk Committees.

  • Execute all relevant administrative duties associated with the position.




  • A relevant Bachelor’s Degree plus a post-graduate (certificate) in Risk Management.

  • Occupational Risk Practitioners Certification would be an added advantage.

  • A minimum of 3-5 years’ relevant experience of which 2 years should be in a risk management preferably in a commercial environment.

  • Membership of the Institute of Risk Managers South Africa (IRMSA) would be an advantage.

  • Sound communication skills (verbal and written).

  • Sound interpersonal skills and commitment to teamwork.

  • Attention to detail and sound information analysis and evaluation skills.

  • A proactive approach to work and problem solving.

  • Sound customer orientation


Applications will only be accepted from Namibian citizens.

The DBN offers market related remuneration packages commensurate with experience and qualifications. Applications are invited from Namibian citizens. Interested candidates should forward resumes, which should include three contactable references, in strictest confidence



The Human Resources Practitioner

Development Bank of Namibia

12 Daniel Munamava Street, PO Box 235, Windhoek.

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.


The closing date for applications is Thursday, 21 June 2018.


Applicants who do not receive any response within three weeks after the closing date must accept that their applications were not considered favourably. The Bank regrets that it cannot return documents.