Assistant Manager – Risk Management | Citizens Development Business Finance PLC (CDB) | Colombo

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<p>🏢 Citizens Development Business Finance PLC (CDB) · 📍 Colombo · 🕐 Full-Time · 📊 Risk Management / Banking & Finance</p>
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<h2>About Citizens Development Business Finance PLC (CDB)</h2>
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<p>Citizens Development Business Finance PLC, widely known as CDB, is a well-established and rapidly growing licensed finance company in Sri Lanka. Operating under the promise “Your Friend,” CDB has built a reputation for elevating the lives of Sri Lankans through accessible financial solutions, while fostering a workplace culture that is dedicated to raising the bar and setting benchmarks within the country’s financial industry. As the company continues to expand its footprint and strengthen its governance structures, CDB is looking to add a detail-oriented risk professional to its growing risk management team in Colombo.</p>
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<h2>About the Role</h2>
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<p>CDB is seeking a detail-oriented and proactive <strong>Assistant Manager – Risk Management</strong> to support the organisation’s risk management function. The successful candidate will play a central role in identifying, monitoring, and mitigating operational risks across the company, while ensuring that robust risk governance frameworks are maintained and continuously improved. This is an excellent opportunity for a finance or risk professional who wants to build a long-term career within a dynamic, benchmark-setting financial institution.</p>
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<h2>Key Responsibilities</h2>
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<ul>
<li>Conduct regular monitoring of identified risks and proactively scan both internal and external environments to detect emerging risk areas before they materialise.</li>
<li>Evaluate existing risk exposures and make recommendations to reduce or control risks through improved execution of the risk management framework, risk registers, and Risk Control Self-Assessments (RCSAs) across CDB.</li>
<li>Prepare and present clear, structured reports and presentations that outline findings, highlight risk trends, and provide actionable recommendations for improvement.</li>
<li>Communicate results effectively to diverse audiences, including the Operational Risk Management Committee (ORMC) and the Board Integrated Risk Management Committee (BIRMC).</li>
<li>Maintain the operational risk near-miss and loss event database with accuracy and timeliness.</li>
<li>Conduct root cause analyses on risk events as applicable to prevent recurrence.</li>
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<h2>Candidate Profile</h2>
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<ul>
<li>Degree in Accounting, Finance, Business Management, or a related field, or a part professional qualification such as CIMA, ACCA, or CA.</li>
<li>2-3 years’ experience in a related field.</li>
<li>Qualifications in Risk Management would be an added advantage.</li>
<li>Ability to work independently and exercise sound judgement to provide advice and take initiatives in relevant risk areas.</li>
<li>Passion to resolve issues with strong attention to detail.</li>
<li>Excellent written and verbal communication and presentation skills in English, including developing reports using MS Office and Excel.</li>
</ul>
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<h2>What CDB Offers</h2>
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<p>Rewards and remuneration commensurate with qualifications, competencies, and abilities, along with a well-defined career path for those with ambition, motivation, and a willingness to perform. CDB offers the opportunity to work alongside a dynamic team of industry professionals dedicated to setting new benchmarks in Sri Lanka’s financial sector.</p>
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<h2>How to Apply</h2>
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<p>Please e-mail your CV together with contact details of two non-related referees, indicating the position applied for in the “Subject” line of the e-mail, to <a href=”mailto:careers@cdb.lk”>careers@cdb.lk</a>. Alternatively, you may contact the hotline on 011 7 388 388 for further information.</p>
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