22 Feb 2016

Full-Time Chief Risk Officer

Toni AdewunmiLagos, Lagos, Nigeria

Job Description

Job Title: Chief Risk Officer
Job Description/Responsibilities:
 The Chief Risk Officer will have overall responsibility for the development and
implementation of a detailed business risk management framework, both operational and
those relating to the individual transactions of Organisation. This includes developing the
processes and recommending the risk appetite statements and limits, and then ensuring the
organization remains within these limits.
 The Chief Risk Officer will also work with other members of the Senior Management Team
in developing and implementing the strategies for Organisation.
 This position will report to the Organisations Chief Executive Officer and Board.
 Develop risk assessment and monitoring policies and procedures for both the operations of
the organisation and for the transactions, including sourcing information, setting and
monitoring of limits, to ensure that all existing and emerging risks are appropriately
identified, monitored and managed, and that any breaches are appropriately recorded and
 Provide guidance on the type and quality of management information proportionate to the
nature, scale and complexity of the business, to be provided to senior management and the
Board to ensure good governance;
 Ensure compliance with regulatory and statutory provisions regarding risk management,
prompt reporting of risk positions and provision of advice on possible resolutions of critical
 Create a culture of intelligent risk-taking, heighten awareness and use of advanced risk
management practices through educational programs, training processes and personal
mentoring with senior executives, business unit management and general staff;
 Overseeing the activities of the risk function in transaction approval, including requiring
additional risk mitigation where appropriate;
 Manages internal audit function to ensure that policies and procedures are appropriate and
followed, and to carry out investigations and recommend changes if appropriate;
 Oversees monthly reporting to senior management, and to the Board at each Board meeting
on risk matters, including compliance with relevant regulatory, legal and internal
 Ensuring that operational risk is managed effectively within his/her areas of responsibility,
and that his/her teams comply with all approved operational risk controls;
 Chairing Portfolio Management and Risk and Compliance Committees;
 Provides technical support and training to Organisation on risk-related issues;
 Drives continuous improvement of risk management practices, commensurate with its size,
complexity and geographic focus.
 Proactively monitors current and emerging regulatory and risk issues and changes impacting
Organisation. Provides guidance, advice and leads implementation of initiatives to address
 As a member of the Senior Management Team, assists the CEO in the management and
development of Organisation to ensure a smoothly functioning, efficient organization.
 Setting limits and giving guidance on lending strategies and generally issues around the loan
Qualifications and Requirements
1. The successful candidate should have at least 10 years of business experience, (including at
least 5 years of Credit Risk Management at Senior Managerial Level).
2. Comprehensive risk management and regulatory knowledge and experience as a banker or
regulator in key risks facing financial services companies including on credit, interest rate,
liquidity, mergers/acquisitions, compliance, legal and operational risks.
3. Excellent communication/presentation/negotiation skills (both verbal and written); Clear
communication, advising management/staff.
4. Ability to deal with all levels of management across business units and departments.
5. Robust understanding of acquiring risk and proven experience in a credit and collections
6. Excellent analytical skills both quantitative and qualitative related to each risk function
7. Accomplished at reading, interpreting and summarizing financial statements.
8. Capable of making sound judgments based on the weight of available data.
9. Strong leader with proven management skills.
10. A sound understanding of ERM principles and philosophy.
11. Ability to think strategically.
12. Knowledge and experience of internal audit matters in financial institutions.
13. Knowledge current trends and developments, and experience in theories of risk matters and
infrastructure development and finance in Africa.
14. Skills to foster and cultivate business opportunities and partnerships.
15. Ability to recognize and be responsive to the needs of all clients of the organization,
including funding organizations, the Board of Directors, governments, and employees.
16. People management skills to supervise staff, including regular progress reviews and plans for
17. Excellent verbal and written communication skill.

How to Apply

send cv to xtrimpartners@gmail.com

Job Categories: Auditing & Tax Jobs Nigeria. Job Types: Full-Time. Job expires in Endless.

Apply for this Job