Head, Risk Management at an International Microfinance Bank - Knowledgepool Consulting Limited
Employment Nigeria
27-Jul-2018
IBADAN ,
Managerial
Knowledgepool Consulting Limited - Our client, an International Microfinance Bank, requires career driven, honest and intelligent candidate to join its team in the position below:
Job Title: Head, Risk Management
Location: Ibadan, Oyo
Key Responsibilities
- Develop the Enterprise Risk Management Policy for the bank
- Proactively Guide the integration of enterprise risk management with other organizational planning and management activities.
- Identify training needs for risk management and oversee development of enterprise risk competence and awareness across the bank
- Evaluate the adequacy of the company’s internal control framework in addressing risks and accomplishing the company’s goals and objectives;
- Work with Board Audit, Risk and Compliance committee in ensuring the identification and prioritization of risks and reporting of the same
- Monitor and report on compliance with regulatory requirements.
- Proactively identify emerging risks and report to relevant stakeholders.
- Develop risk management system and train departmental risk champions on implementation
- Attend Board Audit and Risk Committee meetings; and any other duty assigned by Management for integrity of General ledger Credit Risk
- Analyse, on a quarterly basis, quality of loan portfolio depending on:
- Client Officer / Branch
- Composition of LCM
- Type of Business Activity
- Zones or market area.
- Change in RSM
- Value of Collaterals, etc.
- Perform regular analysis and monitoring of credit risk and exposure and likely impact on:
- Quality of the loan portfolio
- Business sector analysis
- Market trends
- Perform periodic market survey to identify sector base risks in our target market.
- Follow-up and advise management regularly on the performance of exceptional loan files:
- Restructured Loans.
- Top-up Loans.
- Regular follow-up of bad debt management by the Recovery Unit and make recommendation on:
- Management of nonaccrual loans
- Performance of written-off loans
- Legal cases
- Management of seized items.
- Valuation / Auction exercises
- Research and advice management on exceptional cases (potential high risk).
- Operational Risk:
- Identify and liaise with department and unit heads in identifying major risk areas and propose actions in the management of such
- Monitor implementation of action plans to ensure risk mitigation efforts are proceeding as required.
- “Test” the effectiveness of cascading risk management approach to business decision making
- Fraud Analysis, Prevention & Whistle blowing:
- Develop proactive, independent, balanced fraud risk awareness within the bank
- Exercise direct ownership for Fraud Risk Management control across the Bank.
- Ensure compliance on all fraud risk reporting requirements both internal and external.
- Develop Standards for Fraud Risk Management.
- Ensure that Fraud Risk achieves an optimal balance with regard to cost, efficiency, operations and
- customer service.
- Act as a major stakeholder in managing whistleblowing.
- Reporting Tools:
- Update all Risk reporting tools to the M.D on a monthly basis
- Develop new reporting tools in line with business need.
Person Specification
Qualification/Education:
- Minimum of a First Degree in Social Sciences, Humanities, and Arts and relevant professional qualification in e.g. ACCA, CIM, CIBN. Familiarity with operational, Financial and Risk and Compliance procedures is required. A Master's Degree in Management will be an advantage.
Work Experience:
- Minimum of Seven years (7) relevant experience in microfinance of which four should be in a managerial capacity. Good understanding of the Risk function in a micro finance establishment is also required.
Skills:
- Good interpersonal and communication skills. Good analytical and mentoring skills.
Personal Traits:
- Meticulous, rigorous, open-minded, autonomous and self learner.
Application Closing Date
27th July, 2018.
How to Apply
Interested and qualified candidates should send their CV's to: knowledgepoolconsuntinglimited@gmail.com and copy knowledgepoolconsultingltd@yahoo.com
Sorry the application deadline for this job has elapsed
