• Application Deadline: Tue, 16 Jul 2024 00:00:00 GMT
• Position: Head, Risk Management


• Job Type Full Time


• Qualification BA/BSc/HND , MBA/MSc/MA


• Experience 8 - 13 years


• Location Lagos


• Job Field Banking  , Finance / Accounting / Audit 
  

Responsibilities

• Develop the risk management framework and related policies including the credit policy.


• Manage all cross-enterprise risks including credit, market, and operational risks.


• Manage credit concentration risks by recommending concentration limits at obligor and sector levels (where appropriate), and enforcing the limits.


• Establish a mechanism for reporting excess/exceptions above approved limits.


• Develop product papers and recommend risk acceptance criteria for different products and customer segments.


• Ensure the timely review and analysis of credit requests from individuals and corporates.


• Review credit memos and make recommendations to the approving authorities as appropriate.


• Review and approve loan disbursement schedules.


• Review offer letters and loan/lease agreements.


• Ensure loan accounts are properly booked on the company’s Core Banking System.


• Ensure credit files are complete and properly maintained in the file room.


• Monitor the credit portfolio, provide periodic reports on past due obligations, and escalate deviations and covenant breaches to Executive Management as required.


• Ensure all cross-enterprise risks are properly mitigated and controlled.


• Perform any other duty as directed by the Managing Director.

Requirements

• Prior working experience in the Financial Services Industry is mandatory


• Minimum of BSc. or HND degree in Accounting or any related discipline


• MBA or M.Sc. in Accounting or any Finance related field would be an added advantage


• Minimum of 10 years post-qualification experience


• Excellent written and oral communication skills


• Proven working experience as a Risk Management Professional


• Technology savvy, and high level of proficiency in MS. Office (particularly MS. Excel)