Chief Capital Officer

Chief Capital Officer

Kingston, Jamaica

Job Description:

Chief Capital Officer (CCO – Capital)

Industry: Banking, Financial Services, Insurance, Investment

Job Type: Full-Time

Reporting To:
Chief Financial Officer (CFO) / Chief Executive Officer (CEO)

Job Summary

The Chief Capital Officer (CCO – Capital) is responsible for overseeing the organization's capital strategy, capital adequacy, and optimization across all business units. This role ensures efficient allocation of capital, compliance with regulatory requirements, and alignment with the organization's growth objectives.

The CCO plays a critical role in balancing risk and return, supporting strategic initiatives, and maintaining strong capital positions in a highly regulated financial environment.

Key Responsibilities

• Capital Strategy & Planning
• Develop and execute capital management strategies aligned with business goals
• Optimize capital allocation across business units and investment portfolios
• Support long-term capital planning and stress testing
• Provide strategic insights on capital efficiency and return optimization
• Capital Adequacy & Regulatory Compliance
• Ensure compliance with capital adequacy requirements (e.g., Basel III/IV, solvency frameworks)
• Monitor capital ratios and regulatory limits
• Liaise with regulators and ensure timely reporting
• Stay updated on regulatory developments impacting capital requirements
• Capital Optimization & Performance
• Drive return on capital optimization across the organization
• Evaluate capital usage efficiency and recommend improvements
• Support pricing strategies and risk-adjusted return analysis
• Align capital deployment with risk appetite and strategic priorities
• Stress Testing & Risk Integration
• Lead capital stress testing and scenario analysis
• Integrate capital planning with enterprise risk management frameworks
• Collaborate with risk, treasury, and finance teams
• Assess impact of economic and market changes on capital position
• Strategic Transactions & Growth Support
• Support mergers, acquisitions, and capital restructuring initiatives
• Provide capital-related insights for investment decisions
• Collaborate with business units on expansion strategies
• Evaluate funding options and capital raising opportunities
• Stakeholder & Regulatory Engagement
• Serve as a key point of contact for regulators on capital matters
• Present capital strategy and performance to executive leadership and Board
• Engage with investors, rating agencies, and external stakeholders
• Ensure transparency and accuracy in capital disclosures
• Leadership & Team Management
• Lead and develop capital management and financial strategy teams
• Foster a culture of accountability, analytical rigor, and performance
• Support talent development and succession planning
• Drive cross-functional collaboration across finance, risk, and treasury

Key Requirements

• Education
• Master's degree in Finance, Economics, Business Administration, or related field
• Professional certifications such as CFA, FRM, or CPA are highly desirable
• Experience
• 12–18+ years of experience in capital management, finance, treasury, or risk roles
• Proven experience in senior leadership roles within banking, financial services, insurance, or investment sectors
• Strong track record in capital planning, regulatory compliance, and financial strategy
• Skills & Competencies
• Deep understanding of capital frameworks (Basel III/IV, solvency regulations)
• Strong analytical and financial modeling skills
• Expertise in risk-adjusted performance and capital optimization
• Strategic thinking and decision-making ability
• Leadership and team management
• Excellent communication and stakeholder engagement
• Ability to operate in a complex, highly regulated environment
• Key Performance Indicators (KPIs)
• Capital adequacy ratios (e.g., CAR, Tier 1 ratio)
• Return on capital (ROC) and capital efficiency
• Compliance with regulatory capital requirements
• Effectiveness of stress testing and scenario planning
• Alignment of capital allocation with business strategy
• Stakeholder confidence and regulatory feedback
• Preferred Attributes
• Experience in multinational or complex financial institutions
• Exposure to regulatory reporting and capital market transactions
• Strong relationships with regulators, investors, and rating agencies
• Ability to drive capital efficiency in dynamic market conditions
• Compensation & Benefits
• Competitive executive salary
• Performance-based incentives
• Long-term incentives (where applicable)
• Executive benefits and allowances

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