Job Title: Head, Operational Risk
Location: Nigeria
Employer: Dangote Industries Limited (part of Dangote Group)
Job description:
• Responsible for the management of Operational Risks across the group: loss arising from failed or inadequate internal processes, systems, people and external events with the sole objective to reduce operational risk to bearest minimum within the group's risk profile and in aligment with the corporate strategy.
• Establish the group's company operational risk framework and provide independent oversight ensuring compliance with the requirements of the framework, related Policy(s) and guidance documents.
• Define Operational Risk Appetite explicitly or implicitly to communicate what level of risk is acceptable to each business line
• Support business units, control and support functions in the identification of operational risk issues as well as designing controls to mitigate them
• Define operational limit and appetite for the group (policy development)
• Develop standard methodologies to conduct risk assessments across the group; mitigate identified control weaknesses through the creation of appropriate action plans
• Develop appropriate Key Risk and Control Indicators for Business Units; subsequently monitor and reporting of KRIs to proactively identify exposures or control weaknesses
• Promote awareness of operational risk issues group wide
• Ensure identification, aggregation and monitoring of operational loss events
• Ensure the effective implementation of group's operational risk management framework
Desired Skills and Experience:
• Minimum Education: First Degree preferably in a Finance or an engineering/numerate related
• discipline; higher degrees /MBA/professional certifications compulsory
• Deep Knowledge of creating and executing policies and procedures.
• Up to date Risk management practices and industry knowledge
• Process analysis: Core Business Processes and Interpersonal skills
• Strong ability to develop relationships with peers in business unit and central Risk and Governance teams
• IT and Computer appreciation
• Excellent written and Communication skills (written and oral)
• Must be self solution driven, proactive and have acceptable knowledge of the business environment
• Attention to detail
• Reasoning and Analytical Skills
• Supervisory skills
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