General Manager, Risk at Winock Limited

Winock is a holdings company incorporated in Nigeria to provide an ecosystem of sustainable services to micro businesses through duly registered and licensed subsidiary companies. We are inspired to provide services to micro businesses because they contribute significantly to economic sustainability and social wealth creation.

We are recruiting to fill the position below:

Job Title: General Manager, Risk

Location: Abuja (FCT)
Employment Type: Full-time

Job Description
Credit Risk management:

• Supervision of the work on credit risk policies, rules and methodologies; counterpart of Group Risk Management Department on these topics.
• Oversight of credit risk assessment at individual and portfolio level, member of credit committees on high amounts
• Allocation of authorization rights for credit-related decision making to staff in branches and HO
• Monitoring of credit risk development and quality at portfolio level, proposes measures for improvement, prepares credit risk report for the Management Risk Committee (MRC)
• Main counterpart for Business and other departments on credit risk, participates in committees (MRC, arrears, etc.), and staff management

Arrears Management and recovery:

• Supervision of the work on defining recovery policies and methodologies. counterpart of the Group Risk Management Department on these topics.
• Oversight of pre-litigation and litigation activities managed by the recovery unit, based on recovery KPIs.
• Participation in defining recovery strategies for high amount cases, decision on pre-litigation and litigation cases.

Operational risk management:

• Supervise the design and update of the institution’s risk map and implementation of risk assessment process;
• Supervise the implementation of the New Risk Appraisal process by all process owners, and make sure the Operational Risk teams participate in the new product/service development process from a risk & control perspective;
• Supervise the definition, regular production and analysis of the operational key risk indicators, in order to establish sound operational risks’ oversight and monitoring within the institution;
• Supervise the design, implementation and testing of the Business Continuity Planning and crisis management policy of the institution;
• Develop and maintain a framework for the conduct of 2nd line controls within the branches and Head Office Departments on the key risk areas for the institution;
• Monitor, consolidate and report on the different managers’ supervisory control execution and results;
• Develop and regularly update a range of reports on all activities of the risk department
• Prepare and lead the Management Risk Committee, including the preparation of minutes;
• Prepare and participate in the Board Risk Committee, including the preparation of minutes.

Qualifications

• Candidates should possess a Bachelor's Degree with at least 5 years work experience.

Application Closing Date
21st February, 2023.

How to Apply
Interested and qualified candidates should send their CV to: [email protected] using the Job Title as the subject of the email.

 Note: The job is based in Abuja and the interveiw will be in Abuja.