Deputy Chief Executive Officer (1 Position)

Reports to: CEO and Board of Directors
Department: Finance, Risk & Compliance
Location: Head Office


The Deputy CEO will assist the Chief Executive Officer in leading Bank Usahawan’s strategic and operational initiatives. This role focuses on overseeing Finance, Risk, and Compliance functions to ensure financial sustainability, mitigate risks, and maintain regulatory compliance. In addition, the DCEO also provides administrative supervision over the Internal Audit Department. The Deputy CEO will play a critical role in supporting organizational growth and maintaining stakeholder confidence.

KEY RESPONSIBILITIES:
1. Leadership & Strategy:
- Collaborate with the CEO to define and execute the bank's strategic direction.
- Provide leadership and mentorship to Finance, Risk, and Compliance teams.
- Provides administrative supervision over Internal Audit.
2. Finance:
- Develop and implement financial strategies to achieve the bank's long-term objectives.
- Oversee budgeting, financial forecasting, and reporting processes.
- Monitor the bank's financial performance and ensure optimal resource allocation.
- Collaborate with the CEO to secure funding and manage investor relations.
3. Risk Management:
- Lead the development and execution of a comprehensive risk management framework.
- Identify, assess, and mitigate financial, operational, and strategic risks.
- Ensure the bank's risk management practices align with regulatory and industry standards.
- Report risk exposures and mitigation to the Board of Directors.
4. Compliance:
- Oversee compliance with local and international regulatory requirements.
- Develop and implement policies and procedures to ensure adherence to laws and industry standards.
- Conduct regular audits and reviews to identify potential compliance issues.
- Foster a culture of compliance across all levels of organization.
5. Leadership & Strategy:
- Collaborate with the CEO to define and execute the bank's strategic direction.
- Provide leadership and mentorship to Finance, Risk, and Compliance teams.
- Provides administrative supervision over Internal Audit.
- Act as a key representative of the bank in stakeholder meetings and industry events.
- Ensure alignment of departmental goals with the overall mission of the bank.

Provides information to: CEO & Executive C0mmittee

Technical/Professional reporting to: CEO and The Board

Directly reporting to: CEO

Deputized by: Head of Finance

Administratively Supervising: All Bank staff inclufding Internal Audit

Technically/Professionally Supervises: All staff under Finance, Risk, and Admin

 

Limits of Authority:

  • Authorizations as per the bank’s authority manual
  • Take all decisions within the limits set by the Board of Directors and the Executive Committee

Necessary Experience & Knowledge:

  • Master’s degree in Finance, Business Administration, or a related field
  • Minimum of 12 years – 15 years of experience in financial management, risk, or compliance roles within banking or financial service sector; at least 3 years of which are in C-level or senior roles
  • Proven track record in leading teams and driving strategic initiatives. 
  • Strong knowledge of banking or MSME operations, regulatory environments, and risk managemnet frameworks. 
  • Exceptional analytical, communication, and leadership skills
  • Strong understanding of regulatory requirements. 
  • Experience in digital finance management, an advantage
  • Fluency in English and Malay
  • Command of MS Office software – Word, Excel and PowerPoint
  • Good communication skills

Key Competencies:

  • Strategic Thinking
  • Financial Acumen
  • Risk and Compliance Expertise
  • Leadership and Team Building
  • Problem Solving and Decision Making
  • Stakeholder Management

 

Compulsory Requirements:

  • Brunei Citizenship

The closing date is on 24th January 2025 at 5PM.

How to Apply?

Please send your application to the email below with the following documents and include “Deputy Chief Executive Officer” in the subject line.

  • Most recent curriculum vitae indicating full personal details
  • Scanned copy of highest academic qualifications
  • Scanned copy of identification card

Only shortlisted applicants will be notified.