Responsibilities

• Work closely with the Group Risk team in ensuring that losses arising from failed or inadequate internal processes, systems, people and external events fall within the Group’s risk appetite, and is in alignment with the organization’s corporate strategy
• Provide support to departments within the business unit in the identification of operational risk issues, and designing controls to mitigate risks identified
• Ensure the proper implementation of the operational risk management framework, policies and procedures of the organization within the Business Unit
• Ensure prompt completion and rendition of annually Risk & Control Self Assessments (RCSAs), and monthly Key Risk Indicators (KRIs)
• Develop KRIs required to track newly identified or emerging risk exposures
• Assist departments with the identification of key risk(s) on an ongoing basis
• Identify and report operational risk events.
• Perform root cause analyses on identified risk events and recommend controls to be implemented to prevent these risk events from re-occurring.
• Monitor the implementation of actions plans to address key risks identified from RCSAs, KRIs and reported loss incidents
• Monitor the Business Unit’s risk exposure closely to ensure operational efficiency, expected sales and proper redress of limiting factors
• Monitor and ensure timely close-out of recommended controls for mitigating identified risks

Requirements

• HND / Bachelor’s Degree in a Business-related course, Economics, Accounting or Engineering; Masters’ degree in a relevant field of study or relevant professional qualification would be an advantage
• 5 years or more relevant experience in financial services
• Good interpersonal skills with strong verbal and written communication skills.