Risk Manager at a Microfinance Bank - Pivotage Consulting

Pivotage Consulting - Our client, one of the foremost loan and investment financial institution known as microfinance bank is currently seeking to grow its team by hiring a qualified candidate to fill the position below:

Job Title: Risk Manager

Job ref: MR/1135/FC
Location: Lagos, Nigeria.
Type: Full Time
Career: Mid/Level Expert
Reports to: Board of Directors/CEO

Job Description

• The Risk Manager will be responsible for managing all aspects of risk to the organization, its employees, clients, reputation, assets and interests of stakeholders.
• Developing, maintaining, managing and executing a comprehensive   process   for identifying, assessing, mitigating, monitoring and reporting on risks that may impact on organizational performance.
• Specific risk areas include, corporate governance, information security, regulatory compliance and operational risk.

Job Responsibilities

• Assist in the development of an Enterprise Risk Management framework consisting of tools, practices, and policies to analyze and report risks. Develops and implements strategies for the use of these tools
• Managing the risks according to an enterprise risk management framework.
• Assisting in the development of enterprise risk management policy, regulatory compliance and business continuity programs.
• Executing operational and compliance risk analysis and assessments across business divisions.
• Analyzing and classify risks (frequency / potential severity) and measure financial impact of risk on the company.
• Assisting in Capital Adequacy assessment for Risk Rating purposes and other risk based analysis.
• Facilitating ERM training across all levels in the company.
• Providing overall direction and leadership.
• Assisting the Board Audit Committee in the formulation of policies and development of better controls.
• Providing coaching for direct reports – all members of the unit.
• Performing all other duties related to risk management as may be assigned.
• Acting as an adviser to the organization to enable all strategic, management and operational tasks of the organization to be aligned to a common set of risk management objectives.
• Preparing regular reports on the effectiveness of the risk environment for the Management and Board of Directors as may be required from time to time.
• Designing, implementing and leading a global risk management strategy for the organization
• Establishing and quantifying the organization's 'risk appetite' and ensure risk approach adheres accordingly
• Providing horizon scan to increase awareness of risks affecting the business.
• Ensuring compliance with regulatory obligations whilst taking a commercial and practical approach to risk based challenges and offer appropriate solutions.
• Ensuring a continual drive for enhanced efficiency and client service (internal and external) in all Risk and Compliance processes.
• Developing, leading and motivating the Risk and Compliance team to maximize effectiveness.
• Providing regular reports to boards and other relevant bodies detailing any current issues or information as required.
• Carrying out corporate governance involving external risk reporting to stakeholders
• Providing support, education and training to staff to build risk awareness within the organization.
• Making provision of proactive and practical regulatory advice to business managers and support functions.
• Managing the successful delivery of compliance projects ensuring technical excellence via a practical/business driven approach.

Other Duties:

• Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

Job Requirements

• Must have a Minimum of 6-10 years' experience in similar role in the financial services sector especially Microfinance.
• Must have a Bachelor's Degree in relevant discipline.
• Must have a Professional certification in Accounting / Risk management
• Must have an excellent analytical and communications skills
• Must have a working knowledge of Excel & PowerPoint MS Office.
• Must have the knowledge of Corporate Governance and Accountability
• Must have MFI industry experience and it will be an added advantage.

Job Competencies:

• Must have a knowledge and experience commensurate with this role and having dealt with regulatory environment both onshore and offshore covering all service lines offerings
• Must be able to demonstrate a broad technical knowledge and expertise covering conduct of business matters, corporate governance matters and regulatory risk and regulatory change matters
• Must have a practical and commercial approach to problem solving.
• Must have the experience of influence behaviours at all levels of the organization.
• Must have a proven track record of delivering enhancements to process efficiency
• Must have a flair for understanding and evaluating IT Based Risks.
• Must have the ability to produce and present effective presentations.

Application Closing Date
5th August, 2019.

Method of Application
Interested and qualified candidates should send their CV (Ms Word Format) to: [email protected] using "Risk Manager" as the subject of the mail.

Note: Only qualified candidates will be shortlisted.