• Application Deadline: Sun, 30 Mar 2025 00:00:00 GMT
• Position: Risk Manager



• Job Type Full Time



• Qualification MBA/MSc/MA



• Experience 5 - 7 years



• Location Lagos




• Job Field Sales / Marketing / Retail / Business Development 
  
  

Role Summary

• The Risk Manager plays a crucial role in identifying, assessing, and mitigating potential risks across the organization.


• This position is responsible for developing and implementing comprehensive risk management strategies that align with the company’s objectives.


• The Risk Manager will collaborate with cross-functional teams to integrate risk management practices into business operations and design strategies to address identified risks.

Key Responsibilities

Risk Assessment and Analysis:

• Conduct regular risk assessments to identify potential risks and fraud across various business functions and lines of business.


• Analyze risk data and trends to provide actionable insights

Strategy Development and Implementation:

• Design and implement strategies and policies to mitigate identified risks.


• Ensure that risk management is integrated into the organisation’s business continuity strategy


• Set Key Risk Indicators for each business function and track and monitor mitigation and resolution.

Crisis Management:

• Develop the organisation’s Crisis Management Framework, Business Continuity Plan/strategy and Enterprise Risk Framework


• Coordinate the organisations response during crisis or unexpected events


• Implement crisis management plans and communicate with stakeholders

Monitoring and Reporting:

• Monitor and review risk mitigation plans to ensure effectiveness.


• Develop and implement internal risk management reports and dashboards

Financial Risk Management:

• Develop strategies to mitigate financial risks such as market fluctuations, credit risk, currency risks.

Cross functional Collaboration:

• Collaborate with cross-functional teams to integrate risk management practices into business operations.

Incident Response:

• Respond to and investigate risk incidents or breaches, working with relevant departments to resolve issues

Insurance Management:

• Procure and manage insurance policies Respond to and investigate risk incidents or breaches, working with relevant departments to resolve issues


• Assess the organisation’s risk exposure and work with insurance brokers


• Co-ordinate the filing and management of insurance claims when necessary

Compliance and Best Practices:

• Ensure the organisation complies with legal, regulatory and industry standards related to risk management


• Stay updated on emerging risk related regulations and best practices

Providing Risk Management Training:

• Develop training materials and conduct workshops


• Educate staff and stakeholders on risk management strategies and policies

Qualifications

Education:

• Bachelor's degree in one of the following fields: Business Administration, Finance, Economics, Risk Management, Mathematics, Statistics or a related field;


• A master’s degree (MBA or a related field) is preferred but not required.

Experience:

• 5 to 7 years’ experience in risk management.


• Experience should include conducting risk assessments, developing risk mitigation strategies, and analyzing risk data and trends.

Certifications:

• Certified Risk Manager; or


• Financial Risk Manager; or


• Professional Risk Manager

Competencies:

• Excellent communication and leadership skills


• Ability to collaborate effectively across departments


• Analytical mindset with strong problem-solving abilities.