CURRICULUM VITAE
Charity Chishawa
Cell: 263 772 545 242
Direct landline: 263 4 704 222
E-mail: or
PERSONAL ATTRIBUTES
An assertive participative team member who is results oriented and works towards goal achievement. Continuously develops leadership skills for personal growth and effectiveness.
PRACTICAL WORK EXPERIENCE
1. INTERFIN BANK: CURRENT
POSITION HELD: HEAD RISK AND COMPLIANCE
RESPONSIBILITIES:
· Actively participates in strategy formulation, implementation and review.
· Designing and spearheading implementation of the enterprise wide risk management framework.
· Setting entity wide standards for achieving compliance with the relevant rules, statutes and standards, and ensure that these standards and other compliance principles are effectively communicated, securing the commitment of senior management in the application of these standards and ensuring consistency of approach and practice throughout the bank;
· Provide a central point of reference and guidance in compliance-related matters and, in particular, advise on a bank’s policy and strategic decisions that might have compliance implications;
· Continuous measuring and reviewing of the institutions inherent risks, risk management systems and processes, security controls and systems; and making recommendations thereof.
· Act pro-actively and constructively and assist line management in running the business efficiently, without violating statutory, regulatory and supervisory requirements.
· Carrying out impact assessments on changes in statutes, regulations, guidelines and directives.
· Research and Develop contemporary methodologies to manage risks.
· Carry out risk assessment of new systems and products
· Establishing and overseeing the risk management, compliance, securities, security and recoveries functions.
· Develop and implement risk and compliance awareness programme.
· Formulating and reviewing risk management systems and processes; and operational policies and procedures.
· Ensuring improvement and institution of prudent risk management systems and processes, security systems and controls.
· Statutory responsibilities include being the bank’s Anti Money Laundering Officer.
· Liaising with external stakeholders, i.e. regulators, conveyances, law enforcement agents, external auditors and counterparts etc.
· Generate and present risk management reports to Management, Executive Management and Board Committees.
· Committees: a member of all management committees: ALCO, Credit Committee, Credit Review Committee, Business Growth Strategy, IT Steering, and Operational Risk Management
· Attending Board Committee meetings i.e. Board Credit Committee. Board Loans Review Committee, Board ALCO Committee, Board Audit Committee and Board Risk Committee.
2. RESERVE BANK OF ZIMBABWE: 1996-2002: August 2006 – May 2007:
POSITION HELD: BANK EXAMINER: BANK LICENSING, SUPERVISION AND SURVEILLANCE
RESPONSIBILITIES
· Evaluation of new banking project proposals to ensure that only sound institutions are allowed to enter the market
· Research and implement contemporary risk management methodologies.
· Carry out on-site and off-site surveillance to ensure prompt detection of problems in order to promote financial stability
· Use the risk based approach, CAMELS and RAS rating systems and financial soundness indicators to assess fragility or soundness of banking institutions.
· Maintain up to date understanding of the risk profiles of banking institutions in line with the concept of Risk Based Supervision.
· Maintains consistent liaison with bank management, liquidators and curators.
· Evaluation and interpretation of financial data against prudential benchmarks.
· Evaluate compliance with applicable laws and regulations.
· Developing supervisory policies, guidelines and frameworks in line with international best practices.
· Conducting research on the most current regulatory trends and developments for the purpose of policy formulation.
· Monitoring compliance with laws and regulations, international best practice, and enforcing quality assurance in the supervisory process.
· Investigating and making appropriate recommendations on problems facing individual banking institutions and the financial sector as a whole.
SAGIT FINANCE HOUSE LIMITED 2003-2006
POSITION HELD: HEAD OF RISK AND COMPLIANCE
RESPONSIBILITIES
· Advising and interpretation of statutes, rules and regulations governing operations of a financial conglomerate
· Continuous review of compliance with rules, statutes, regulations and standards
· Carries out impact assessments
· Carrying out internal and external audit follow ups and issues raised by regulators (RBZ)
· Spearheading review, formulation and implementation of policies and procedures
· Assessing and advising on best risk management practices
· Spearheading smooth take on of new/ changes in regulations
· Monitoring, evaluating and advising on key risks in operational areas, Treasury, Lending, Finance and Human Resources
· Classification of loans, computation of provisions, interest suspension and write offs
· Reviewing lending portfolio and provisions thereof and make recommendations
· Overseeing the collection of bad debts and resuscitate non-performing debts
· Handover of bad debts to lawyers and liaison thereof
· Assessing loans and advances and make recommendations prior to management and board approval
· Committees: a member of all management committees, ALCO and Credit Committee and Credit Review Committee
CENTURY GROUP: 2002-2003
POSITION HELD: GROUP RISK AND COMPLIANCE MANAGER
RESPONSIBILITIES
· Advising and interpret statutes, rules and regulations governing operations of a financial conglomerate
· Continuous review of compliance with rules, statutes, regulations and standards
· Carrying out impact assessments
· Carrying out internal and external audit follow ups and issues raised by regulators (RBZ)
· Spearheading development review and implementation of policies and procedures
· Reviewing of lending and investment portfolio
· Assessing and advising on best risk management practices
· Spearheading smooth take on of new/ changes in regulations
· Monitoring, evaluating and advising on key risks
· Committee membership, ALCO, Credit Review, Management Committee
CONSUMER COUNCIL OF ZIMBABWE: 1993-1996
POSITION HELD: ECONOMIST
RESPONSIBILITIES:
· Economic research and surveys and analysis of economic environment and impact on consumers and industry.
· Writing Articles, carrying out seminars and workshops
· Presentation of programs on TV and Radio
SPECIAL ASSIGNMENTS AND ACHIEVEMENTS
· Investigator –UMB: 1998-1999
· $2 Coin Committee
· SDF Advisory Committee-1995-1996
· Wheat Technical Committee-1995-1996
· Set up the compliance and risk management divisions at CFX 2002
· Set up the compliance and risk management divisions at Sagit Finance House Limited 2004
· Set up a fully-fledged Debt Recovery Unit and Collections Unit at Sagit Finance House Limited 2005
· Set up risk and compliance department, Security Department and Advances Unit at Interfin Bank .
ACADEMIC & PROFESSIONAL QUALIFICATIONS
· Masters in Business Administration, Nottingham Trent University UK
· Bachelor Hons Economics University of Zimbabwe
· Diploma in Business Management
ON-THE-JOB COURSES ATTENDED
· Risk Management and Risk Focused Audits
· Derivatives and Capital Markets
· East and Southern Africa Supervision Course
· Internal Audit of Financial Institutions
PERSONAL DETAILS
Name: Charity Chishawa
Sex: Female
Age: 43 years
Date of Birth: 26 August 1970
Marital Status: Married
Number of Children: 2
CONTACTABLE REFERENCES
1. Emmanuel Tagarira
Director Wholesale Banking
Interfin Bank Limited
Block 4 Tendeseka Office Park
Estlea, Harare
Landline: 263 4 700100
Cell: 263 772 405 221
Email:
2. Philip Madamombe
Deputy Division Chief
Banking Supervision and Surveillance
Reserve Bank Of Zimbabwe
Cell 263 772 648 378
Landline 263 4 703000
Email:
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