Chief Risk Officer at Nigeria Sovereign Investment Authority

Ref No.: ES20200

Details

• The role holder shall be responsible far developing and implementing risk management policies and guidelines, methodologies, and systems to ensure that risk is effectively managed in the Authority

Responsibilities

• Develop and implement the NSIA’s Enterprise-wide Risk Management Framework and related policies and guidelines for the management of risks including infrastructure, market, operational, credit and liquidity and regulatory compliance risks.
• Define the risk acceptance criteria and work with executive leadership to set risk tolerance limits for each risk area across the NSIA operations.
• Coordinate the identification, assessment and mitigation of risks that relate to the NSIA’s operational processes and functions including its subsidiary activities as may be required.
• Evaluate the Authority business strategies and project portfolios to ensure all aspects of financial and non financial risks are properly identified, measured, and adequately supported by NSIAs risk infrastructure.
• Ensure risk profile is aligned to the overall returns and profitability aspiration of the Sovereign Wealth Fund.
• Establish infrastructure systems, and processes for identifying, managing, controlling, and reporting risks within the Authority.
• Advise the NSIA executive management team and Board of Directors on overall corporate governance and best practices in risk management.
• Oversee implementation of regulatory compliance risk management infrastructure, systems, and processes.
• Ensure that risk management in the Authority is directed, managed, and operated in accordance with best practices, sound corporate governance and existing laws and regulations.

Qualifications, Experience and Attributes

• First degree in a related discipline from a reputable university.
• Professional Membership e.g. Global Association of Risk Professionals, RIMAN Certified Risk Manager (CRM) or any other relevant risk management professional memberships is desired.
• Minimum of fifteen (15) years cognate experience in risk oversight roles covering credit, counterparty, investment, market, liquidity, and operational and infrastructure risk with at least 5 year& experience at a senior management level.
• Excellent Communication skills (oral and written).
• Ability to prioritise and schedule tasks.
• Excellent negotiation and people management skills.
• Excellent analytical skills.
• Highly organized and extremely detailed orientation.
• Proficiency in use of Microsoft Office tools.