• Application Deadline:
• Position: Risk and Compliance Officer


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 3 - 5 years


• Location Lagos


• Job Field Finance / Accounting / Audit 
  

Job Description

• Research, implement, and manage banking regulations and laws, along with banking policies and procedures, consumer protection, and public interest laws.


• Oversee compliance procedures and provide advice on risk management.


• Advise, oversee, and train banking staff on compliance procedures.


• Collaborate with the Legal Officer to ensure the compliance obligation register is implemented and regularly updated.


• Conduct credit risk analysis, management, and reporting.


• Oversee the risk management process for the bank's loan portfolio, ensuring compliance with policies and continuous monitoring of credit quality to maintain a high-quality risk asset portfolio.


• Manage the oversight of the incident management process and ensure that significant risk events are reported to the Risk and Compliance Unit.


• Implement an incident monitoring process to improve controls around reported risk events.


• Coordinate with the Head of Risk and Compliance to ensure adherence to the Fraud Management Plan.


• Manage responses to compliance and performance audits conducted by external auditors.


• Investigate and coordinate responses to queries and issues, implementing action plans for identified gaps and finalizing reports.


• Oversee the monitoring of non-financial compliance requirements.


• Follow up with the business on action plans for outstanding audit issues.

Requirements

• A graduate in Finance, Business Administration, Law, or a related field.


• Professional certification (e.g., CRM, CCEP) (added advantage)


• Minimum of 3-5 years of experience in risk management or compliance in the microfinance sector


• Strong understanding of risk management principles and compliance regulations.


• Proficiency in risk management and compliance software tools. (added advantage)


• Excellent analytical and problem-solving skills.


• Strong written and verbal communication skills.


• Ability to present complex information clearly to stakeholders.


• Strong interpersonal and collaborative skills.


• Detail-oriented with a focus on accuracy.


• Strong organizational and time management skills.


• Ability to manage multiple tasks and priorities.


• Commitment to continuous learning and professional development.


• Up-to-date knowledge of microfinance banking regulations.