Credit Risk Manager at Sky Capital and Financial Allied International Limited (SIFAX Group)

Sky Capital and Financial Allied International Limited is the financial services arm of SIFAX Group. It was established as an investment firm to offer wealth creation opportunities through a unique blend of traditional investment management and alternative investment services. We enable businesses to thrive, and help our clients to maximize their returns whilst realizing their most important goals.

Sky Capital is poised to become a company uniquely equipped to achieve set out objectives and be reputable for quality research, investment expertise and value-added services with excellent customer centric approach to clients locally and internationally. Our hallmark is to strategically position ourselves to take advantage of growth opportunities within Africa and major international markets on behalf of our clients. Our team of professionals with expertise in investment management are instrumental to business growth and establishing cordial relationships with our clients whilst attracting and retaining quality clientele.

We are recruiting to fill the position below:

Job Title: Credit Risk Manager

Location: Lagos
Industry: Financial Services (Sky Capital Financial Services Limited)

Job Description

• Implement and communicate the company’s risk management and internal control policies and objectives
• Work with management in integrating risk management policies and practices into the strategic plans of the company
• Assist in developing and monitoring risk mitigation strategies for the organisation’s critical risk areas and work with business units to establish, maintain and continuously improve risk management capabilities
• Monitor activities of all business units to ensure compliance with internal control and risk management policies
• Facilitate company-wide risk assessments and monitor priority risk areas across the organisation
• Prepare periodic risk assessment reports for management
• Ensure effective alignment between the enterprise risk management process and the internal audit process
• Conduct periodic risk management education and training
• Coordinate the compilation and continuous review of a detailed transaction process flow for all key activities in the organisation and define control measures to ensure compliance
• Review transaction processes
• Provide an independent view regarding proposed business plans and transactions
• Evaluate risks in operational activities
• Ensure regulatory compliance
• Ensure processes and risk guidelines are in place, and are adhered to in order to safeguard assets and the brand equity of the Group
• Prepare reports and advise units and committees on departure from policies, procedures, and other exceptions
• Maintain working knowledge of relevant legislation, statutory instruments, codes of practice, and organisation policies, and ensure adherence
• Other duties as assigned

Requirements

• First degree or its equivalent in a numerate discipline (Accounting, Economics, Finance) MBA or Master’s degree in Finance or Accounting is required
• Minimum of 6 years’ experience, in relevant experience of which at least two (2) years must have been spent in a similar role in the financial services industry
• Knowledge of transaction banking products essential
• Develop and implement Enterprise Risk Management policies, procedures and policy framework
• Provide management and board with regular assessment and opinion on effectiveness of company’s risk management control systems
• Put in place a system to ensure company’s operational risks are identified, analysed and properly assessed
• Ensure compliance with all regulators’ requirements and other applicable laws
• Conduct policy audit, ensure compliance to standards, including liaison with internal & external auditors
• Chartered membership of ICAN/ ACCA is required
• Clear understanding of the company’s operational risk framework or equivalent experience gained in other organizations
• Good knowledge of risk management principles and practices with a required knowledge of audit techniques and methods required
• Communication, presentation and report writing skills
• Working knowledge of Microsoft Office Suite
• Knowledge of corporate governance practices and knowledge of Assets and Liabilities Management (ALM)
• Knowledge of the GAAP/IFRS and good understanding of finance, accounting, budgeting, and cost control principles and ability to analyse financial data
• In-depth understanding of the organisation’s business issues with good ability to read large volumes of documents effectively and extract necessary information

Application Closing Date
24th September, 2020.