Team Member - Enterprise Risk Management at Phillips Outsourcing Limited

Phillips Outsourcing Limited has been in existence for over 16 years. We have a vast experience in the outsourcing business as we currently manage resources for major clients in all sectors of the Nigerian economy. In addition, our prolific manpower cuts across the 36 states in Nigeria. After successfully gaining ground in all the 36 states of the federation, we are gradually spreading our tentacles to other African Nations. We are currently registered to also do business in Ghana. Our framework is developed to fully support the businesses of our clients, ensuring continuous improvement of the outsourced services. This ultimately thrusts our clients to achieve their business objectives.

We are recruiting to fill the position below:

Job Title: Team Member - Enterprise Risk Management

Location: Victoria Island, Lagos
Industry: Insurance

Responsibilities

• Ownership of the Enterprise Risk Management Policy, risk processes and implementation.
• Ownership of the Risk Assessment Register and responsible for updates and monitoring.
• Responsible for the Escalation and Investigations tied to Whistle blowing and implementation of the Policy.
• Review of process implementation of limits, tools and Key Risk Indicators monthly.
• Monitor compliance to regulatory and operational requirements.
• Establish and quantify the organization’s risk appetite using the Register and Enterprise Risk Assessment Policy.
• Monitor major and critical issues.
• Maintain Business Continuity plan and give annual updates.
• Monitoring of external indicators and market developments as they affect the Business.
• Review Solvency and Market Risks.
• Manage the implementation of the company’s enterprise risk management framework to ensure compliance with applicable regulations (NAICOM’s enterprise risk management framework) rating agency standards and strategic imperatives of the company.
• Conduct a company-wide enterprise risk management assessment where risk is identified, rated, and control measures are rated.
• Present the risk assessment result to the ERM committee for deliberation.
• Collate the monthly risk champions activity report and present to the ERM committee for their deliberation, after which feedback will be forwarded to all risk champions and all committee members.

Requirements

• Minimum of a Bachelor’s Degree in a related field (Management, Accounting or Economics or related field)
• A Masters’ degree in Business or Risk Management is an added advantage.
• Minimum of five (5) years cognate work experience in the ERM department of a structured financial institution or multinational
• CIIN will be an added advantage
• Advanced working knowledge of Microsoft Office Applications including Excel, PowerPoint and Outlook.
• Ability to show impartiality and zeal to maintain integrity.

Salary
Negotiable.

Application Closing Date
31st December, 2025.