Job Title: Head, Risk Management
Location: Lagos, Nigeria
Reports to: MD/CEO
Supervises: Risk Analysts
Organisation: ARM Investment Managers
Job Summary:
To manage the role and operations of a risk management unit by
• Identifying, analyzing, managing and preventing risks in its new and existing business, products, operating models and developing/enhancing controls to prevent risk.
• Managing enterprise-wide risks through the design and implementation of control frameworks and best practice policies and procedures.
Principal Duties and Responsibilities:
• Assess compliance of the business unit with corporate policies, internal procedures, and key regulations governing unit's activities.
• Ensure the adequacy of existing internal controls and risk management frameworks through continuous identification, measurement and reporting of risk positions.
• Monitoring the firm's asset and liability reports to ensure compliance with set standards.
• Review of all statutory reports to external bodies to ensure completeness, accuracy and compliance with regulations.
• Ensure prompt reporting of risk exposures/positions and provide advice on possible resolution of critical issues.
• Monitoring the Firm's compliance with regulatory and statutory provisions regarding risk management.
• Facilitating the collection of credit receivables by ensuring prompt provision of behavioral collection decision tools and as well as cost and risk analyses of increased collection resources to business units.
• Review audit reports and work papers ensuring professional standards are not compromised
2 Principal Duties and Responsibilities
and that conclusions and recommendations are adequately supported.
• Ensure the timely resolution of investigated items, audit/review points and other key exceptional issues/matters.
• Work with the external auditors and regulatory examiners in the review and examination of the organisation's financial activities and other areas of the business.
• Provide risk and profitability reports, forecasting and monitoring market trends, carrying out quantitative analysis.
• Foster and maintain business relationships with relevant regulatory bodies and other institutions to ensure the business is abreast of regulatory changes that may impact its operations.
• Continually review the effectiveness and efficiency of the unit's policies, procedures and processes; identify and recommend improvement opportunities to mitigate risk.
• Ability to provide considered views and impact assessment of current/emerging regulations
on operations of Financial Services institutions.
• Ability to apply technical aspects of financial services regulation to practical business scenarios.
Competency and Skills Requirements:
• Knowledge of the local and global financial service industry dynamics including regulations,
legislations and operating environment.
• Understanding of risk and return, indicators and risk management techniques as well as trading and pricing derivatives.
• Knowledge of market risk concepts; knowledge of financial, systems and process audit.
• Good financial accounting and budgeting skills.
• Understanding of non-bank financial service operations, policies and procedures.
• Problem solving and analytical abilities inclusive of statistics, data analysis and technical skills
• Experience with automated financial systems, including a general ledger and financial reporting software (Bloomberg, Reuters, Hi-port etc)
• Good knowledge of MS Excel as an analytical tool and other MS Office Applications,
• High integrity level and good decision making ability.
• Exceptional attention to detail.
• Good communication, interpersonal, presentation and facilitation skills.
• Self motivated with a strong drive, and commitment to achieving agreed objectives.
Minimum Qualifications:
• First degree in business, accounting or other finance related discipline.
• A professional accounting qualification (e.g. ACCA, ACA, CPA) and/or a Masters degree.
• Minimum of eight years (8) relevant experience in the financial services sector.
How To Apply:
If you are interested in working with the organisation and your skills and capabilities match the job profile, submit your application now.
Apply online with your CV and cover letter or to the address below:
1 Mekunwen Road,
Off Oyinkan Abayomi Drive,
P.O. Box 55765, Ikoyi,
Lagos.
Head, Risk Management Job in Nigeria (http://www.jobnavy.com/job/5079/head-risk-management-job-in-nigeria-at-arm-investment-managers/)