Risk Analyst at ARM Life Plc

ARM Life is the insurance subsidiary of Asset & Resource Management Company Ltd (ARM). Its parent company, ARM is one of the largest non-bank financial services firms in Nigeria with a focus on asset management. Established in 1994, ARM started operations as a traditional asset management company specialising in the management of quoted equities and fixed income securities.

We are recruiting to fill the position below:

Job Title: Risk Analyst

Location: Nigeria
Job Type: Full-Time

Job Summary

• Assisting in identifying, analyzing, managing and preventing risks in the Firm’s existing and new businesses, products, operating models and developing/enhancing controls to prevent risk.
• Assisting in managing enterprise-wide risks through the design and implementation of control frameworks and best practice policies and procedures.

Principal Duties and Responsibilities

• Ensure the adequacy of existing internal controls and risk management frameworks through continuous identification, measurement and reporting of - Continuous identification of likely risk areas and recommending remedial actions to address such exposures.
• From time to time, work with the Internal Audit team to assess compliance of the business unit with corporate policies, internal procedures, and key regulations governing unit's activities.
• Review audit reports to identify risk areas across the organisation.
• Assist businesses in defining relevant business practices, both at the strategic and operational levels, that would assist businesses in carrying out their operations in a manner that supports them staying within defined risk appetite.
• Ensure prompt reporting of risk exposures/positions and provide advice on possible resolution of critical issues.
• Prepare monthly asset and liability management reports and periodic ALCO related report and data analysis from time to time.
• Monitor credit risk exposures and provide periodic credit risk reports.
• Generate and disseminate market & investment risk position reports including compliance exception reports.
• Carry out operational risk management analysis and resolution, as may be required from time to time.
• Facilitate strategic risk assessment sessions with key business units and compile risk register and risk matrix for dissemination to attendees.
• Design and review risk policies and framework.
• Ensure smooth implementation of defined risk policies.
• Ensure continuous improvement to risk policies, procedures and methodologies.
• Engage in risk management training, workshops, town hall meetings and other form of risk awareness sessions for staff members.
• Prepare necessary risk disclosure reports, such as IFRS 7 reports, as well as other reports that might be required by key stakeholders from time to time.
• Prepare risk reports for individual risk areas as well as aggregated position for internal stakeholders, such as Senior Management and Unit Heads.

Other Requirements

• First degree in an analytical discipline, such as: Accounting, Finance or Engineering
• A relevant professional qualification (e.g. ACCA, ACA, CFA, FRM) and/or a Masters degree.
• Minimum of three years (3) relevant experience in the financial services sector or in a related role.

Required Competencies:

• Supervisory And Team Management
• Risk Control & Governance
• Information Security Management
• IT Governance Standards    
• Managing Insurance Business Risk
• IT Audit /risk/control
• Portfolio Management
• Budget Planning & Control
• Business/ Operational Strategy
• IT Security Tools
• Asset And Liability Management
• External Environment & Market Analysis
• Valuation Of Financial Assets
• Business Continuity Management
• Interviewing And Investigation    
• Regulatory Compliance Management
• Proficiency In Excel
• Customer Relationship Management
• Risk Assessment
• Operational Risk ManagementStress Testing
• Financial Analysis
• Process Improvement
• Training Facilitation
• Ifrs Disclosure
• Credit Risk Management
• Business Writing and Communication
• Market & Investment Risk Management
• Financial Instruments Knowledge
• Financial Modelling & Risk Quantification
• Use Of Bloomberg Finanacial Data Base
• Data Gathering and Analysis

Application Closing Date
20th September, 2018.

How to Apply
Interested and qualified candidates should:
Click here to apply online