More than 100,000 people have found their dream job through Fuzu.

CLOSED FOR APPLICATIONS

Head, Enterprise Risk Management

Closing: Nov 22, 2023

This position has expired

Published: Oct 31, 2023 (31 days ago)

Job Requirements

Education:

Work experience:

Language skills:

Job Summary

Contract Type:

Sign up to view job details.

Requirements

  • Over 8 years of cognate experience.
  • Demonstrable knowledge of Enterprise risk management within a Digital Bank.
  • Strong knowledge of CBN regulations including prudential guidelines for MFBs.
  • Strong attention to detail and ability to notice discrepancies in data.
  • Willingness and ability to drive processes.
  • Strong communication skills.
  • Strong process management skills.

Benefits

  • Private Health Insurance
  • Pension Plan
  • Training & Development
  • Paid Time Off
Responsibilities

Requirements

  • Over 8 years of cognate experience.
  • Demonstrable knowledge of Enterprise risk management within a Digital Bank.
  • Strong knowledge of CBN regulations including prudential guidelines for MFBs.
  • Strong attention to detail and ability to notice discrepancies in data.
  • Willingness and ability to drive processes.
  • Strong communication skills.
  • Strong process management skills.

Benefits

  • Private Health Insurance
  • Pension Plan
  • Training & Development
  • Paid Time Off
  • Responsible for implementing the Company’s Risk Management Policy Framework as periodically revised and approved by the Board of Directors while ensuring that the Company’s key risks of credit, market, and operational are identified, assessed, measured, controlled, and managed prudentially.
  • Responsible for managing all aspects of enterprise risk, which include designing of assessment and management: policies, processes, guidelines, reports, monitoring the effective implementation of the same.
  • Design Risk Framework Components - Enhance, build, or expand Risk Identification, Risk Scoring, Risk Appetite, and Risk Reporting infrastructures, including relevant programs and processes across the company.
  • Develop appropriate initiatives to mitigate the risk exposure level to the Company.
  • Continuously monitors the company’s risk exposure and flags off any areas of concern.
  • Development of risk indicators and ensuring compliance.
  • Lead ERM special projects such as corporate educational risk training, expanding risk automation tools, maintenance of ERM policies and documentation, and activities focusing on the advancement of risk accountability and culture.
  • Monitor and ensure key risk ratios do not exceed limits set by Executive Management.
  • Keeping abreast of regulatory requirements within a risk context, providing advice on incoming obligations, and preparing position statements wherever necessary.
  • Participate in the periodic review of the Bank's Investment Policy, Assets, and Liability Management Policy (ALM) in collaboration with relevant stakeholders.
  • Conduct periodic (quarterly and semi-annually) stress tests on various risk metrics and indicators and recommend appropriate measures to mitigate the observed vulnerabilities.
  • Prepare MRC reports and ensure that agreed resolutions from the MRC meetings are implemented.
  • Implementation of a Business Continuity Plan (BCP); including coordinating the regular BCP test and follow-up on the remediation of the observed gaps.
  • Work with relevant stakeholders in the implementation of the ISO and PCI-DSS certification.
  • Prepare monthly/Quarterly reports.

Applications submitted via Fuzu have 32% higher chance of getting shortlisted.

Don’t miss your chance to work at Fairmoney Nigeria. Enter your email to start your application now