Risk Management Officer at DEDA Hospital

DEDA Hospital is a leading Nigerian healthcare provision facility with a history of successful health outcomes for our clients. Started Operations in 2012, DeDa hospital is home to an array of experienced healthcare providers and administrators from across the world with a dedication to delivering optimal healthcare service, especially to women, children and families. For over 6 years, DeDa hospital has provided Abuja, Nigeria and the International world with high quality, compassionate healthcare.

We are recruiting to fill the position below:

Job Title: Risk Management Officer

Location: Abuja
Employment Type: Full-time

Job Description

• Provide support in the implementation of the Company’s Enterprise Risk Management Framework, Risk Appetite Framework etc.
• Reviewing the above and other relevant Frameworks as at when required and developing new risk frameworks to address emerging risk issues.
• Engagement of various stakeholders to set and communicate appropriate risk appetites/ tolerances.
• Provide risk advisory services to various departments in the effective management of risks arising from the Company's policies, activities and initiatives.
• Monitoring of appropriate risk indicators and triggers for the Company
• Participates in the identification, assessment, treatment, monitoring and reporting of risks across the Company.
• Set risk exposure limits in collaboration with relevant stakeholders.
• Participation in the periodic review of the Company’s Investment Policy, Assets and Liability Management Policy (ALM) in collaboration with relevant stakeholders
• Conducts periodic (quarterly and semi-annually) stress test on various risk metrics and indicator and recommend appropriate measures to mitigate the observed vulnerabilities.
• Oversees the management and reporting of risk events on the Company’s counterparties.
• Provide support in Developing risk models.
• Monitor the media for negative mentions of the Company.

Operational Risk Assessment:

• Identification and independent monitoring of enterprise-wide view of known and emerging risks in the
• Company.
• Work with risk owners and all stakeholders in the development and update of the risk register
• Work with departments in developing Control Risk Self-Assessment (CRSA) and development Key Risk
• Indicators (KRIs) for all departments and monitoring of the set KRIs.
• Implementation of Business Continuity Plan (BCP); including coordinate the regular BCP test and follow-up on the remediation of the observed gaps.
• Work with relevant stakeholders in the implementation of the ISO certification.
• Analysis of incidence reports and proposing mitigants for the identified risks

Financial Risk Management:

• Formulates and periodically reviews the asset liability management (ALM) policies, liquidity policies and guidelines for the Company.
• Updates the Company’s Capital Management and Stress Testing framework.
• Prepares monthly reports on currency and interest rate risks, as well as quarterly reports on financial projections, liquidity risk and debt allocation
• Effective Internal Control
• Review effectiveness of Internal policies and Standard Operating Procedures (SOP) management.
• Review all internal policies and ensures the processes are well captured in the SOPs of departments and operationalised.
• Identify deviations to internal policies and procedures promptly, escalate on a timely manner and follow up on remediation.
• Call over processed transactions and validate for authenticity and authorization.
• Prepare Bank reconciliation statement for all Banks on a monthly basis and follow-up on all outstanding issues.
• Facilitate stock review and monitoring.
• General ledger review including creation of users on the system.
• Review of new ledgers created and closure of ledger that are no longer required.
• Monitor compliance with CBN regulation and other regulations relevant to the Company’s operations.

Application Closing Date
25th September, 2023.