Fina Trust Microfinance Bank, a member of LOLC Group with corporate Head Office in Colombo - Sri Lanka, is one of Nigeria’s foremost Microfinance Banks. Its operating license was secured from the Central Bank of Nigeria (CBN) in September 2009 as a Microfinance Bank. Fina Trust Microfinance Bank has built a resounding success on excellent service delivery in a uniquely customer friendly environment through professional staff, leveraging on world-class technology. A continuous investment in information technology and in people sets the bank apart from others.
We are recruiting to fill the position below:
Job Title: Head of Risk
Location: Lagos
Employment Type: Full-time
Objectives
- Establish an integrated Risk Management framework for all aspects of risks across the Bank; develop risk management policies, including the qualification of the Bank’s risks appetite through specific risk limits.
Primary Responsibilities
- Appraising and analysing all loans requests with aim of protecting the Bank’s risk assets while ensuring that the loans appraised are in line with the Bank’s credit policy.
- Ensure the achievement of stated turnaround times for loan review, analysis, appraisal on daily basis.
- Ensure all required data/information are correctly entered and considered for credit decision making.
- Reconcile all basis of recommendation of loan on cash flow/capacity.
- Ensure PAR of the allocated branches’ portfolio is not more than 5%.
- Attend to customer’s request both physically and in proxy in a friendly and welcoming manner to gain repeated business.
- Ensure provision of timely report on all credit related report, conducting credit check on loan customers.
- Monitoring of credit risk development and quality at portfolio level, proposes measures for improvement, prepares credit risk report.
- Supervision of the work on credit risk policies, rules and methodologies
- Ensure effective management and resolution of conflicts, build participative processes that can accommodate requests at short notice in order to derive the maximum mileage for the organization in a rapidly changing/dynamic environment.
- Ensure operational and service excellence in the FTM Bank branch network
- Participate in managerial and departmental decision making which would result in adding value to the organisation as a whole.
- Safeguard the confidentiality of all information pertaining to the FTM Bank obtained externally or internally during the course of employment and refrain from disclosing same to any third party
- Create and facilitate co-operation and effective two-way communication among all stakeholders including employees and constituents to create win-win results.
- Take the ownership of maintaining a harmonious industrial relationship at the Bank.
Education and Experience
- Bachelor's Degree in Finance, or related field required.
- 5 - 10 years of related experience preferred.
- Microfinance experience is an added advantage.
Required Skills and Qualifications;
- Thorough understanding of policies and best practices of risk management.
- Excellent verbal and written communication skills.
- Excellent mathematical and critical thinking skills.
- Excellent analytical and problem-solving skills.
- Excellent organizational skills and attention to detail.
- Strong supervisory and leadership skills.
- Proficient with Microsoft Office Suite or related software to prepare reports and policies.
Application Closing Date
27th March, 2023.
https://www.hotnigerianjobs.com/hotjobs/508601/head-of-risk-at-finatrust-microfinance-bank.html