Chief Risk Officer at B. Adedipe Associates Limited (BAA)

Job Objective

• Create, design and implement the Risk Management framework that supports the strategic goals of the Bank.

Major Job Duties & Responsibilities

• Plan, design and implement an overall risk management process for the bank.
• Actively contribute to the business planning process and provide clear direction on the bank’s strategic goals, translating and prioritizing them into business and performance measures.
• Develop an effective ERM framework consisting of tools and practices to analyze and report risks for the bank.
• Establish and identify bank’s risk appetite subject to approval by the Board.
• Design and implement an effective system of risk control for the bank.
• Assess credit portfolio risk at individual and corporate levels, tracking credit risk indicators (approval rates, time to decision, vintage quality, PAR, losses) and ensure frequent reviews with team and stakeholders.
• Identify emerging risks that present new regulatory, fraud or money laundry risks.
• Provide appropriate guidance, challenge and advice to the CEO and executive management on all risks that they own and that they have accountability to manage.

Job Requirements

• B.Sc. in Finance, Social Sciences or any related discipline; MBA / M.Sc. in any related field or relevant professional certification is added advantage.
• 10-12 years’ work experience, 5 of which must be in a senior management position.
• Sound knowledge of risk management and control framework.
• Excellent risk based and forensic audit skills.
• Good working knowledge of Microsoft Office applications.
• Excellent communication and interpersonal skills.
• Strong organizational and time management skill.