Stanbic IBTC Bank Nigeria Jobs - Head, Group Risk

Started by Jobbers, Oct 07, 2011, 06:30 PM

Jobbers

Job Title: Head, Group Risk
Job ID: 7536
Location: Nigeria
Division: Group Risk
Position Category: Risk Management
Employment Type: Full Time - Permanent
Organisation: Stanbic IBTC Bank Plc (Member of Standard Bank Group)

Purpose of Job:
•   To oversee all the major risk types in the Group and ensure the entrenchment of enterprise-wide risk management philosophy in the day-to- day activities of the Group. This will involve the implementation of risk management frameworks, standards, underlying policies and procedures in the Bank and all its subsidiaries;
•   To effectively identify, monitor, control and report all compliance, operational, market and credit  risk exposures and other related risks of the Group; to ensure that effective controls are in place to mitigate and prevent the occurrence of identified risk incidents;
•   To guide senior management in fulfilling their risk management responsibilities and bring a risk-focused view to strategic planning, budgeting  and other activities of the Group.

Key Responsibilities:
•   Review risk exposures of the Group on a regular basis;
•   Review daily positions and profit & loss of Global Markets;
•   Review daily breaches of trading limits, guidelines and mandates;
•   Review and report all risk exposures on a specified basis to EXCO, Board and SBAF;
•   Provide functional oversight to Market Risk, Operational Risk, Compliance and Legal risk; and administrative oversight to Financial Crimes Control;   
•   Coordinate reporting of MI for all functions and align to SBAF templates;
•   Provide prudential relationship and serve as the Group's central representative and contact person with all the key regulators including the CBN, NDIC, SEC, NSE, etc;

Required Skills and Qualifications:
•   B.Sc in any quantitative field preferably in first class or second class upper division
•   Masters degree/professional qualification is an added advantage
•   Knowledge of money market, fx and bond markets, credit analysis, CBN rules and regulations on financial instruments and limits, financial markets, economics and statistics
•   Technical skills include computer literacy (Microsoft Office Suite), accounting, modeling, process dynamics, analytics and risk management ability

How to Apply:
•   Visit Standard Bank Nigeria Jobs Portal.
•   Scroll down and enter the "Job ID" in the field provided named "Search by Job ID"
•   Click on "Search".