Risk Manager

Enterprise Risk Management: • Develop and maintain the Bank's Enterprise Risk Management (ERM) Framework. • Identify, assess, monitor, and report emerging and existing risks across the Bank. • Coordinate periodic risk assessments and risk reviews. • Maintain the Bank's Risk Register and ensure timely mitigation of identified risks. • Promote a strong risk culture across the organization. Credit Risk Management: • Monitor the quality and performance of the Bank's loan portfolio. • Review portfolio risk indicators including PAR, delinquency trends, write-offs, and concentration risks. • Conduct independent reviews of credit proposals and risk exposures. • Recommend risk mitigation strategies to minimize credit losses. • Monitor adherence to approved credit policies and risk appetite limits. Operational Risk Management: • Identify operational risk exposures arising from processes, systems, people, and external events. • Monitor operational loss incidents and recommend corrective actions. • Conduct Risk and Control Self-Assessments (RCSA) across departments. • Ensure implementation of effective internal controls. Risk Monitoring and Reporting: • Prepare periodic risk reports for Management, Executive Management, Board Committees, and regulators. • Track Key Risk Indicators (KRIs) and escalate breaches promptly. • Monitor compliance with risk limits and approved risk appetite thresholds. • Provide recommendations on risk exposures and mitigation measures. Regulatory Compliance and Governance: • Ensure compliance with applicable CBN regulations, prudential guidelines, and industry standards. • Support regulatory examinations and audits. • Monitor implementation of regulatory recommendations relating to risk management. • Assist in the review and update of risk management policies and procedures. Business Continuity Management System (BCMS) and Information Security: • Coordinate the Bank's Business Continuity Management (BCM) activities. • Participate in disaster recovery planning and testing. • Support information security risk assessments and controls implementation. Training and Risk Awareness: • Conduct risk awareness and risk culture training across the Bank (Staff and Board). • Provide guidance to departments on risk identification and mitigation. • Promote risk ownership at all levels of the organization. Requirements ∙ Minimum of 5-8 year experience in Risk Management, Credit Risk, Internal Control, Audit, Compliance or related function ∙ Experience performing above roles in a digital banking environment is important to being successful on this role, show clear understanding of digital loan products: sales, collection and delinquent management ∙ Relevant Professional certification is an added advantage, CIBN (MCP) certification is important. Where not available, there must be commitment to certification within the first year of employment ∙ Experience working in a financial institution and understanding of CBN stipulated ratio, standards, reporting and other relevant guideline is a must have ∙ Previous and proven usage of Microsoft office, accounting and core banking solutions is essential for the role holder ∙ Experience working with start-up is an advantage but not compulsory ∙ Excellent verbal and written communication and presentation skills is required . Strong knowledge of credit risk assessment, financial and lending principles.