Alan & Grant - Our work is focused on creating innovative HR and Organizational Development Solutions aimed at Performance Improvement & Business Growth. We currently serve clients across various sectors of the Economy from locations in Jos, Port Harcourt and Lagos.
We are recruiting to fill the position below:
Job Title: Financial / Market Risk Officer
Location: Lagos, Nigeria
Job type: Full time
Industry: Financial Services
Job Summary
The Job holder is responsible for implementing Enterprise Risk Management with key focus on Market and Financial Risk within the Group.
Responsibilities and Duties
- Manage Asset and Liability Risk of the Group and Subsidiaries in an efficient and forward-looking manner
- Review of the balance sheet trend analysis to monitor key performance ratios in terms of liquidity, risk asset exposures, deposit concentration, earnings
- Daily monitoring of Net Open position of regulated subsidiaries to ensure compliance with regulatory benchmark
- Manage the Financial and Liquidity Risk position of the Group and Subsidiary through efficient cash flow planning
- Review of the Contingency funding plan at intervals to ascertain its relevance and conduct regular risk measurements and valuation of Treasury
- Prepare weekly and monthly cash flow projections with inputs from all subs for adequate liquidity planning and cash allocation
- Assist with the implementation of the ERM Framework within the Group and Subsidiaries
- Effectively supervise the stress test process to ensure the simulation model captures the actual risk faced by the Group
- Daily monitoring of treasury / trading limit to ensure limits are not breached during transactions and also follow-up on exceptional approvals conclusively
- Develop standard statistical methodology and models to conduct market and financial risk measurement and valuation for the treasury positions
- Develop and assign Treasury / Trading limits attached to products and desks to mitigate liquidity risk and safe-guard risk capital
- Develop standard reporting templates, dash boards to be utilized by the Group and provide support and training to staff to build risk awareness
- Perform any other duties as assigned by Head, Risk Management & Compliance
Requirements
- Minimum of BS.c in any relevant discipline, MBA or Master’s degree required
- Minimum of 4 years relevant experience of which at least two (2) years must have been spent in a similar role
- Professional Membership as a Certified Risk Management Professional (CRMP), PMI-Risk Management Professional, RIMAN Certified Risk Manager (CRM), and any other relevant risk management professional memberships or Other relevant professional qualification: ACA, ACCA, CIMA, CFA is an added advantage
- Ability to provide of overall leadership and direction to the Market, Financial and Liquidity Risk Team
- Good knowledge of finance, accounting, budgeting, financial statements and cost control principles
- In-depth understanding of the organization’s business issues and of corporate governance practices
- Ability to analyse financial data and prepare financial reports, statements and projections
- Ability to read large volumes of documents effectively and extract necessary information
- Proficiency with the use of MS Office and other relevant accounting tools
- Attention to details, analytical thinking and time management skills
- Excellent communication, presentation and negotiation skills
Application Closing Date
Not Specified.
https://www.hotnigerianjobs.com/hotjobs/283893/financial-market-risk-officer-at-alan-grant.html