Head of RIsk - SmartCash PSB

Qualifications

• First degree or equivalent in any discipline.
  
• Relevant postgraduate qualification will be an advantage.
  
• Professional certifications in Risk Management, Banking, Compliance, Finance, Information Security, or Governance (e.g., FRM, PRM, CRISC, CISA, ACCA, ACA, CFA, CIBN) are desirable.
  

Relevant Experience & Functional / Technical Skills

• Minimum of 15 years post-qualification experience in Risk Management or related functions within Financial Services, Banking, FinTech, Telecommunications Financial Services, or Information Technology environments.
  
• At least 10 years must have been within the Banking/Financial Services sector and minimum 5 years at Senior Management level
  
• Demonstrated experience engaging Boards, Regulators, and Executive Management.
  
• Strong knowledge of Enterprise Risk Management Frameworks, Risk Governance, Internal Controls, Cybersecurity Risk, Business Continuity Management, and Regulatory Risk.
  

Enterprise Risk Management Framework

• Develop, implement, and continuously enhance the Enterprise Risk Management (ERM) Framework.
  
• Establish risk policies, standards, methodologies, and procedures.
  
• Ensure risk management practices are aligned with Board-approved risk appetite and strategic objectives.
  
• Promote a risk-aware culture across the Bank.
  

Risk Identification and Assessment

• Identify, assess, and monitor strategic, operational, financial, liquidity, technology, cyber, regulatory, conduct, and reputational risks.
  
• Maintain enterprise-wide risk registers and risk assessments.
  
• Conduct periodic reviews of risk exposures and emerging risks.
  

Risk Monitoring and Reporting

• Prepare periodic risk reports for the Board, Board Audit & Risk Management Committee, Management Committees, and regulators.
  
• Monitor compliance with approved risk appetite limits and thresholds.
  
• Escalate material risk breaches and recommend corrective actions.
  

Governance and Regulatory Compliance

• Ensure compliance with applicable CBN regulations, PSB Supervisory Framework requirements, and other regulatory directives.
  
• Support risk governance processes and Board oversight activities.
  
• Provide risk input into regulatory examinations and audits.
  

Technology, Cybersecurity and Information Risk

• Oversee technology and cyber risk management practices.
  
• Assess technology transformation initiatives, digital products, agent banking, and payment ecosystem risks.
  
• Collaborate with Information Security teams to ensure robust cyber risk controls.
  

Operational Risk Management

• Establish operational risk policies and loss event management processes.
  
• Monitor key risk indicators (KRIs).
  
• Conduct root cause analysis of significant incidents and monitor remediation plans.