Deloitte Nigeria - Our client is a development finance institution positioned to empower more micro, small and medium enterprises across Nigeria. The institution is set up as a private sector driven wholesale financial institution aimed at increasing access to finance for Micro, Small and Medium Enterprises (MSMEs) through eligible financial intermediaries In view of the foregoing, the client seeks to attract, motivate and retain qualified staff.
We are recruiting to fill the vacant position below:
Job Title: Head, Risk Assessments and Ratings
Reference No: DFI003
Location: Any City, Nigeria
Job Summary
To coordinate and ensure prompt and adequate identification, assessment, treatment, monitoring and reporting on risks across the institution
Duties and Responsibilities
Ensures the development, implementation and maintenance of an Enterprise Risk Management framework for the institution
Builds and leads a highly collaborative and proactive risk function that is able to navigate the dynamic environment that the institution operates in
Ensures a system-wide view and understanding of the combined risk of the institution and their inter-relationships (interest rate risk, liquidity risk, operating risk, credit risk, reputational risk, regulatory risk, etc.)
Supports the Board in developing the institution’s risk appetite and associated risk limits structure
Communicates to key stakeholders regarding the risk profile of the institution
Drives the process of setting risk measures and limits for the various business lines and monitoring their adherence to set limits.
Identifies potential risks, proffers risk mitigations and monitors the progress of risk mitigation activities
Provides risk advisory services to ensure effective management of potential risks arising from the institution's policies, activities and initiatives
Ensures the integration of risk management, specifically strategic risk management into the strategic planning process
Ensures the conduct of impact assessments of the institution’s policies being implemented in collaboration with other stakeholders
Ensures adequate monitoring and reporting on risks across the institution
Ensures the institution’s engagement with relevant stakeholder Organisations to establish a Policy Repository for the Bank that can serve as a reference point for both internal and external stakeholders
Ensures the conduct of impact assessments / impact analysis of significant external events on the operations of the institution
Ensures the conduct of a continuous impact and gap analysis of the institution's policies
Ensures the identification, measurement, analysis, monitoring and reporting of market and liquidity risk exposures
Ensures the review of the institution's market and liquidity risks to identify gaps and areas for improvement
Ensures adequate monitoring and reporting on compliance with the institution's Market and liquidity Risk appetite (standards, limits) and risk tolerance
Required Qualifications
A bachelor’s degree in Accounting, Banking & Finance, Economics, Business Administration or any social sciences related discipline
A Master’s Degree in business related field or management
Membership of any recognized professional certification such as RIMAN, PRMIA, RMP or any related certification
Minimum of 8 years working experience in a similar role is required, of which at least 4 must be at managerial level
Skills and Experience:
Understanding of banking laws and policies
Deep knowledge and understanding of regulatory and operational risk and principles
Knowledge of risk management procedures and policies
Expertise in Enterprise risk management systems, risk analysis and control