Head of Risk Management (Male) at a Financial Institution - TMAsourcing

TMAsourcing - Our client, a Financial Institution, is recruiting to fill the position below:

Job Title: Head of Risk Management (Male)

Location: Egbeda, Lagos
Employment Type: Full-time
Job Field: Finance / Accounting / Audit
Working Hours: Monday - Friday / 9am to 5pm.

Job Description

• The head of the risk management will lead the organization’s risk framework, mitigate threats, and ensure compliance with regulatory requirements.
• The Head of Credit and Risk Management will be responsible for the monitoring and management of the credit portfolio of the Bank as well as developing and implementing systems, policies and procedures aimed at credit administration and credit risk mitigation.

Key Responsibilities

• Planning, designing implementing & managing the overall credit administration and credit risk management process for the bank by developing policies, procedures and reporting standards that define the bank’s credit in line with its overall business objectives.
• Monitor the business development for emerging credit risks and recommends policies and procedures to improve the credit risk management process.
• Facilitate the identification, assessment, measurement, monitoring, controlling and reporting the level of credit risks
• Maintain oversight over the bank’s enterprise credit risk management activities.
• Provide support, education and training to staff in respect of credit administration as well as to create credit risk awareness.
• Conduct periodic stress tests and scenario analysis, assessing the impact to the Bank’s credit portfolio and make appropriate recommendations to senior management for appropriate action.
• Manage the bank’s lending portfolio and continually optimize risk strategy for acquisition, fraud, and collection
• The credit risk manager work description also entails retrieving data and conducting data driven analytics, utilizing various analytical tools, software, and techniques.

Job Requirements

• First Degree in Economics, Finance or any other discipline, Master’s Degree is an added advantage.
• Experience in planning and orchestrating available resources efficiently and effectively
• Minimum of 4 years banking experience with a Microfinance Bank.
• Impeccable understanding of financial statements and business dynamics
• Proven ability to persuade, influence and build credibility with all levels and all functions
• Knowledge of micro, small and medium enterprise market.
• Good coaching and relationship building skills
• Deep understanding of a Microfinance Bank credit dynamics.

Skills and Competencies:

• Credit Administration/Risk Management
• Credit Products, Credit Analysis and Appraisal
• Loans administration / account management.

Salary
N350,000 Monthly.

Application Closing Date
Not Specified.