• Application Deadline: Tue, 13 Sep 2022 00:00:00 GMT
• Position: Operational Risk and Compliance Officer


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 4 years


• Location Lagos


• Job Field Administration / Secretarial 
  

Job Summary

The Operational Risk and Compliance Officer shall be responsible for ensuring compliance with; the approved risk management framework, regulatory codes, policies and regulations. He/She shall support the processes for identifying, controlling, managing and reporting operational risk.

Key Duties and Responsibilities

Operational Risk

• Support the planning, designing and implementation of the Authority’s overall risk management process.


• Support the process for identifying critical business processes and relevant control mechanisms.


• Conduct periodic risk assessments to analyse, identify, describe and estimate the risks inherent in the Authority’s activities and provide recommendations to address identified weaknesses.


• Liaise with the Unit Head to develop and implement the business continuity management framework for the Authority.


• Support the process of designing and implementing recovery and crisis management plans.


• Promote awareness and assist in embedding an improved risk and compliance culture within the Authority.


• Collaborate with other Unit Heads to address new and/or emerging risks that may occur as a result of changes in regulatory, government policy, strategy and business focus.


• Document the occurrence of operational risks and investigate such incidences.


• Support the implementation of a detailed emergency response and associated operational activities.


• Support the implementation of techniques & methods of training, testing & maintaining business recovery plans

Compliance

• Coordinate compliance monitoring and enforcement of set rules and regulations as defined within all applicable regulations guiding the Company’s operations e.g


• Liaise with functional heads within the Company and support processes for ensuring full compliance across board with all applicable regulatory requirements.


• Support the Head, Operational Risk & Compliance in managing relationships with regulators and other relevant statutory bodies to facilitate prompt and effective resolution of compliance-related issues.


• Create company-wide awareness on key regulatory issues impacting on the company’s operations and liaise with Human Resources to organize compliance related trainings.


• Conduct periodic compliance audit/ reviews in liaison with Legal and Internal Audit.


• Support policies and procedures management.

Competencies and Skills Requirements

• First Degree from a reputable university.


• Relevant post-graduate/ professional qualification.


• Minimum of 4 years cognate experience.


• Experience in financial services, specifically operations or audit will be an added advantage.


• Knowledge of operational risk best practices.


• Good knowledge of operational risk measurement methodologies.


• Environmental / Industry Analysis.


• Knowledge of Investment / Portfolio Management, Assets & Liabilities Management and Financial analysis / interpretation will be an added advantage.