| POSITION | Risk Manager |
| REPORTING TO | Head, Enterprise Assurance Group |
| SUPERVISES | NA |
| LOCATION | Abuja, Nigeria. |
| ROLE DESCRIPTION | |
| As a Risk Manager, you are responsible for identifying, assessing, and mitigating risks that could impact the financial stability and performance of the organization. This role involves developing and implementing risk management strategies, policies, and procedures to safeguard the institution against potential threats. | |
| JOB ROLES & RESPONSIBILITIES | |
| • Identify and assess risks associated with financial transactions, investments, and overall business operations, evaluate the potential impact and likelihood of risks occurring, develop and implement risk mitigation strategies to minimize the impact of identified risks whilst recommend measures to control, transfer, or avoid risks. • Develop and update risk management policies and procedures in accordance with regulatory requirements and industry best practices. • Assess the credit risk associated with investment activities, develop and implement credit risk models and monitoring mechanisms. • Monitor and manage exposure to market risks, including interest rate risk, currency risk, and commodity price risk, implement hedging strategies to mitigate market risks, identify and manage operational risks related to processes, systems, and human factors, implement controls to minimize the likelihood of operational failures. • Monitor compliance with risk management policies and procedures, conduct stress tests to assess the resilienSce of the organization under adverse scenarios and evaluate the impact of economic downturns or unexpected events. • Prepare and present risk reports to Senior Management and relevant Stakeholders, communicate risk exposure, mitigation strategies, and potential impacts. • Collaborate with other departments, such as Finance, Compliance, and Internal Audit, to ensure a holistic approach to risk management while providing guidance on risk-related matters. • Any other responsibilities as may be assigned to ensure business growth and development. | |
| CAPABILITIES | |
| • Proficiency in quantitative analysis and risk modeling. • Ability to work collaboratively with cross-functional teams. • Strong analytical abilities to assess complex financial, credit, market and operational risk. • Ability to use statistical tools and financial models. • Effective written and verbal communication skills. • Understanding of financial markets, economic trends, and industry dynamics. • Knowledge of financial regulations and compliance requirements. • Aptitude in decision-making and problem-solving. • Behavioral capabilities in line with the company’s values Qualification • B. Sc in Finance, Accounting, Economics, Business Administration, Statistics or other related courses. • MBA or MSc will be an added advantage. • At least 1 professional qualification. • Minimum 5 years industry experience. | |
Risk Manager
Job Type: Full Time
Job Location: Abuja