Head, Risk Management at Neptune Microfinance Bank

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
2 years ago

Additional Details

Job ID
41085
Job Views
106

Job Description



Duties and Responsibilities of the Job

The duties under a Risk Management job description include the following:



  • Designing and implementing an overall risk management process for the organisation, which includes an analysis of the financial impact on the company when risks occur

  • Performing a risk assessment: Analysing current risks and identifying potential risks that are affecting the company

  • Performing a risk evaluation: Evaluating the company’s previous handling of risks, and comparing potential risks with criteria set out by the company such as costs and legal requirements

  • Establishing the level of risk the company are willing to take

  • Preparing risk management and insurance budgets

  • Risk reporting tailored to the relevant audience. (Educating the board of directors about the most significant risks to the business; ensuring business heads understand the risks that might affect their departments; ensuring individuals understand their own accountability for individual risks)

  • Explaining the external risk posed by corporate governance to stakeholders

  • Creating business continuity plans to limit risks

  • Implementing health and safety measures, and purchasing insurance

  • Conducting policy and compliance audits, which will include liaising with internal and external auditors

  • Maintaining records of insurance policies and claims

  • Reviewing any new major contracts or internal business proposals


Requirements / Skills



  • Interested candidates should possess a Bachelor's Degree in relvant fields with 3 - 6 years work experience.

  • Analytical skills and an eye for detail

  • Commercial awareness

  • Numerical skills

  • Planning and organisational skills

  • Working experience in Microfinance Bank as Credit/Risk Officer

  • Ability to understand broader business issues

  • Communication and presentation skills


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