Head of Risk Management at a Reputable Financial Company - OutsideIn HR

OutsideIn HR - Our client, a reputable Financial company, is recruiting to fill the position below:

Job Title: Head of Risk Management

Location: Lagos
Employment Type: Full-time

Job Description

• Our client is interested in hiring a Head of Risk Management with relevant experience working in a financial institution.

Responsibilities
The ideal candidates will perform the following roles:

• Develop risk assessment and monitoring policies and procedures for the operations of the Bank. This includes sourcing information, setting and on limits, and Risk Acceptance Criteria (RAC) to ensure that all existing and emerging risks are appropriately identified, monitored, and managed.
• Ensures compliance with regulatory and statutory provisions regarding risk management, prompt reporting of risk positions, and provision of advice on possible resolutions of critical issues.
• Transform and continuously improve the Collections and Loan Recovery functions, leveraging Tech and Big Data to improve collections and recoveries success for the Bank.
• Develops a Risk Awareness Culture within the Bank by equipping employees with relevant Risk Management skills, through training and mentorship in line with the Bank’s Strategic Plan and Risk Strategy.
• Oversees and continuously improves the effectiveness of the Portfolio Management and Early Warning Remedial & Recovery functions of the Bank.
• Digitize the credit appraisal, loan disbursement, and credit administration functions and sustain industry best practices learning in FinTech, Big Data, machine learning and artificial intelligence.

Requirements

• A Bachelor’s Degree and a Professional qualification
• MBA / MSc will be an added advantage
• Minimum of 8 years cognate experience preferably at a Manager or Assistant Manager Level in Financial Services with diverse experience that should cover running the operations and back office of retail, corporate and business banking activities.
• Proven experience in a management capacity, as Head of Risk Management or in a similar leadership role.

Salary
N400,000 - N500,000 Monthly.

Application Closing Date
10th February, 2023.