Risk Management Analyst at Infrastructure Bank Plc

Job Summary

• The candidate will assist in ensuring that the Bank maintains an adequate and effective Enterprise Risk Management (ERM) program and that the Bank is in full compliance with all banking laws, rules, regulations, and internal policies, procedures and processes.
• The successful Candidate will work closely with the Risk Manager in identifying, defining, and remediating various risk-related issues in attaining established compliance goals as directed by the Board of Directors and Senior Management.

General Duties and Responsibilities

• Ability to assess risk which involves analyzing risks as well as identifying, describing and estimating the risks affecting the business;
• Ability to carry out risk evaluation, which involves comparing estimated risks with criteria established by the organization such as costs, legal requirements and environmental factors, and evaluating the organization’s previous handling of risks.
• Establishing and quantifying the organization’s 'risk appetite', i.e. the level of risk the business is prepared to accept.
• Ability to report risk in an appropriate way to different levels within the business.
• Corporate governance involving external risk reporting to stakeholders.
• Conducting audits of policy and compliance to standards, including liaison with internal and external auditors;
• Providing support, education and training to staff to build risk awareness within the organization.

General Knowledge and Skills:

• Technical and analytical skills
• Excellent verbal and written communication skills and interpersonal skills
• Knowledge of Microsoft office particularly Microsoft Excel
• Knowledge of financial statements, accounting principles, credit policies and applicable laws from industry data sources
• Ability to multi-task.
• Solid listening and ability to identify gaps in logic.

Qualifications

• A Bachelor’s degree in Business Administration, Accounting, Finance, Economics or equivalent work experience in a related discipline.
• Minimum of 3 - 5 year in Credit, Loan or Loan Work out positions.
• ICAN, CFA, ACCA or any other additional financial qualification is an added advantage.