Job description
Listing Info
Join our client, a successful microfinance bank in Nigeria, as Head of Risk and Compliance. You will be reporting directly to the Board Risk Management Committee, and will be responsible to implement and enforce a robust enterprise-wide risk management framework and requisite systems including policies, processes and tools. The risk framework should include Strategic risk, Operational risk, Market risk, Liquidity risk, Credit risk and Compliance risk, specially Anti-Money Laundering and Counter Terrorism legislation.
Duties and responsibilities
Risk Management
Join our client, a successful microfinance bank in Nigeria, as Head of Risk and Compliance. You will be reporting directly to the Board Risk Management Committee, and will be responsible to implement and enforce a robust enterprise-wide risk management framework and requisite systems including policies, processes and tools. The risk framework should include Strategic risk, Operational risk, Market risk, Liquidity risk, Credit risk and Compliance risk, specially Anti-Money Laundering and Counter Terrorism legislation.
Duties and responsibilities
Risk Management
- Develop
appropriate Risk Management strategies/tools and disseminate appropriate
risk management practices in line with developments in business products,
change in clients, markets/industry, laws and regulations
- Oversee
and enforce risk management policies, including Credit Manual, Anti-Money
Laundering (AML) Manual and Policy, and monitor compliance with policies.
- Manage
a comprehensive AML Compliance program for the company in line with local
regulations and internal policy requirements; report quarterly to Board
Audit Committee on AML
- Monitor
and manage the performance and development of direct reports, by being the
champion of risk management and improve management team understanding of
key risk identification, assessment, monitoring and reporting and
mitigation
Internal Controls Activities
Conduct Analysis Of Operations Of The Company To Identify Risks And Violation From Set Policies And Standards And Make Recommendations For Preventive Actions Such As
Conduct Analysis Of Operations Of The Company To Identify Risks And Violation From Set Policies And Standards And Make Recommendations For Preventive Actions Such As
- Portfolio
behaviour
- Systems
of red flags
- Exceptional
transaction reports
- Personnel
rotations, etc.
- Management
of Methodology Function
- Ensure
timely update of subsidiary internal regulations, manuals, instruction
memos, etc.
- Manage
evaluation process of all subsidiary manuals annually to ensure
completeness, accuracy and efficiency;
Manage Performance and Control of Internal Polices
- Develop
and implement semi-annual control work plan in collaboration with Africa
Regional Internal Controls Manager;
- Develop
and manage evaluation and reporting process for Internal Control &
Risk Officers;
- Manage
timely control activities for the Department based on the approved work
plan and requests from subsidiary management board;
Qualifications And Experience
- Nigerian
National, willingness to work in Owerri IMO State
- 5
years’ working experience in internal control, audit, or risk management,
preferably in financial services industry/sector
- Experience
with AML-CFT Compliance in regulated financial institution
- 3
years’ experience in management/leadership role
- Policy
development and implementation experience preferred
- Relevant
professional qualifications in local market
- Bachelor’s
degree in Business/Credit or Finance or relevant certifications
- Post-graduate
degree will be an added advantage
- Fluency
in English
- High
proficiency in use of computerized applications such as Microsoft Excel,
Word, Power Point, and Visio.
Please apply directly, by clicking on the Apply Button.
Tereza de la Harpe
Senior Associate
CA Global Finance
www.ca-finance.com / www.banking-recruitment-jobs.com
If you have not had any response in two weeks, please consider your application unsuccessful however your CV will be kept on our database for any other suitable positions.
Method of Application
Interested and Qualified Candidates should click here to apply
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