Head of Risk Management at Opticom Finance Limited

Opticom Finance Limited is a Non-Bank Financial Company operating since 1998. We are licensed and permitted by the Central Bank of Nigeria to offer a wide range of financial products and services.

We are recruiting to fill the position below:

Job Title: Head of Risk Management

Location: Lagos
Job Type: Full Time

Responsibilities

• Develop the risk management frame'M)rk and related policies including the credit policy.
• Manage all cross-enterprise risks including credit, market, and operational risks.
• Manage credit concentration risks by recommending concentration limits at obligor and sector levels (where appropriate), and enforcing the limits.
• Establish a mechanism for reporting excess/exceptions above approved limits.
• Develop product papers and recommend risk acceptance criteria for different products and customer segments.
• Ensure the timely review and analysis Of credit requests from individuals and corporates.
• Review credit memos and make recommendations to the approving authorities as appropriate.
• Review and approve loan disbursement schedules.
• Review offer letters and loa n/lease agreements.
• Ensure loan accounts are properly booked on the company's Core Banking System.
• Ensure credit files are complete and properly maintained in the file room.
• Monitor the credit portfolio, provide periodic reports on past due obligations, and esca late deviations and covenant breaches to Executive Management as required.
• Ensure all cross-enterprise risks are properly mitigated and controlled.
• Perform any other duty as directed by the Managing Director.

Requirements

• Minimum of BSc. or HND degree in Accounting or any related discipline.
• MBA or M.Sc. in Accounting or any Finance related field would be an added advantage
• Minimum of 10 years post-qualification experience.
• Excellent written and oral communication skills. proven working experience as a Risk Management professional.
• Technology sawy, and high level of proficiency in MS. Office (particularly MS. Excel).

Application Closing Date
29th February, 2023.