Head of Risk Management at Excellent Jobs

Excellent Jobs is a consulting andrecruitment firm, dedicated to hiring and managing great talents for its clients.

We are recruiting to fill the position below:

Job Title: Head of Risk Management

Location: Yaba, Lagos
Employment Type: Full-time

Responsibilities

• Develop the risk management frame work 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 loan/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

• Candidates should possess a BSc. or HND in Accounting or any related discipline.
• MBA or M.Sc. in Accounting or any Finance related field would be an added advantage
• Minimum of 5 years post-qualification experience.
• Excellent written and oral communication skills. proven working experience as a Risk Management professional.
• Technology savvy, and high level of proficiency in MS. Office (particularly MS. Excel)

Application Closing Date
29th February, 2024.