Chief Risk Officer

Requirements

• Bachelor’s degree in Accounting, Finance, Economics, Business Administration, or a related discipline.
  
• Professional certification such as ICAN, ACCA, CIA, CISA, CRISC, or FRM is an added advantage.
  
• Minimum of 8–12years’ experience in Internal Control, Risk Management, Internal Audit, or Compliance, preferably within financial services.
  
• Strong understanding of risk management frameworks, internal control principles, and regulatory expectations.
  

Risk Management

• Develop, implement, and continuously enhance the Group’s Enterprise Risk Management (ERM) framework in line with regulatory and global standards (COSO ERM, ISO 31000, Basel guidelines).
  
• Define and periodically review the Group Risk Appetite Statement and ensure alignment with business strategy.
  
• Oversee risk identification, assessment, aggregation, and monitoring across all subsidiaries.
  

Risk Governance and Oversight

• Provide independent risk oversight across credit, market, liquidity, operational, compliance, and strategic risks.
  
• Present periodic risk reports, dashboards, and early warning indicators to the Board Risk Committee.
  
• Ensure proper escalation of material risk events and emerging exposures.
  

Internal Control and Compliance Oversight

• Oversee the design and effectiveness of the Group’s internal control framework.
  
• Ensure strong segregation of duties, control testing, and preventive mechanisms across subsidiaries.
  
• Monitor regulatory compliance with CBN, SEC, NAICOM, NDIC, FRCN, and other relevant authorities.
  
• Provide advisory input on risk implications for new products, investments, partnerships, and expansion initiatives.
  

Regulatory and External Engagement

• Serve as primary risk liaison with regulators and supervisory bodies.
  
• Oversee responses to regulatory inspections and ensure timely closure of audit findings.
  
• Maintain proactive engagement with external auditors on risk and control matters
  

Risk Culture & Capability Development

• Embed a risk-aware culture across the Group through training, communication, and leadership engagement.
  
• Guide business heads in strengthening first-line risk ownership.
  
• Mentor and develop risk, compliance, and internal control teams across subsidiaries.
  

Reporting & Assurance

• Deliver consolidated enterprise risk dashboards to Executive Management and the Board.
  
• Monitor risk exposures against appetite thresholds and capital adequacy requirements.
  
• Provide forward-looking risk insights to support sustainable growth.