Head of Risks at Ave Maria Microfinance Bank

Ave Maria Micro Finance Bank of the Catholic Diocese of Oyo is a fully licensed MFB by the Central Bank of Nigeria (CBN)established by the Catholic Diocese of Oyo to cater for all people, with emphasis on the poor and the vulnerable irrespective of religion, race, age or gender that are financially excluded.

We are recruiting to fill the position below:

Job Title: Head of Risks

Location: Iwere Ile (Iwajowo Local Government), Oyo
Employment Type: Full-time
Job Field: Risks and Compliance

Essential Duties

• Ensure that the Bank has an approved written risk management policy, which is consistent with the Institution’s business strategies, capital strength, management expertise, and which falls within the overall parameters determined by Opportunity International Network.
• Ensure that the Bank has an approved risk appetite statement and that this appetite is communicated through the Institution and included within the risk reporting templates
• Establish a culture within the Institution that emphasizes their commitment to internal controls, risk management and high ethical standards.
• Work with internal audit to ensure that the risk based audit approach taken is not susceptible to gaps in the risk management process. As part of the continuous improvement loop, participate in internal audit finding reviews to help identify areas of exiting or potential risk to be addressed.
• Help build best practice to enforce a pro-active approach towards credit approval, monitoring, reporting and control in order to maintain the loan portfolio within acceptable quality parameters.
• Advise on the establishment and approval limits for branch and regional credit committees and be a member of the Head Office Credit Committee
• Working with the Regional Head of Risk, recommend on acceptable risk levels in the Bank – by customer segment, product, industrial classification, etc in line with the framework developed by the Risk Management team (RMT).

Requirements

• Bachelor’s Degree in a Business related subject, preferably in Accountancy, from a reputable University.
• Professional qualification (ACCA or CIMA).
• Minimum of 5+ years experience in a risk management role, preferably from a microfinance, banking or financial institution.
• Knowledge and Skills
• Appropriate and relevant skills related to all areas of risk management.
• Experience in risk management and evaluating business operations including sustainability, efficiency, budget and overhead control, profitability and default management.
• Knowledge of banking, company, employment and tax laws and regulations, banking compliance regulations and accounting principles.
• Ability to monitor and assess achievements against performance targets, quality standards and service agreements that aligns with OBM business plan.
• Excellent oral and written communication skills with advanced skills related to the preparation and submission of regulatory, statutory and risk/compliance reports.
• Ability to manage and prioritize multiple tasks and work under demanding conditions with many interruptions.
• Intermediate skills in personal computer operation, word processing and spreadsheet software.

Benefit / Package
We offer an attractive remuneration package and opportunities for career and personal development.

Application Closing Date
14th December, 2022.

Method of Application
Interested and qualified candidates should send their CV to: [email protected] using the Job Title as the subject of the email.

Note: Shortlisted candidate(s) will be invited for an interview via SMS and Telephone Call(s).