Enterprise Risk Management Officer at Bosak Microfinance Bank Limited

Summary

• The Enterprise Risk Management Officer will be responsible for identifying, assessing, monitoring, and mitigating risks across various Units of the Bank.

Key Responsibilities

• Assess the Bank’s core risk areas and recommend appropriate mitigation measures.
• Manage and monitor risk exposures across various units, ensuring compliance with internal policies and regulatory expectations.
• Create, analyze, and disseminate risk reports and dashboards for internal control and senior management review.
• Follow up on compliance issues and audit observations, ensuring timely closure and control remediation.
• Review and escalate findings from customer complaints received via the Bank’s toll-free telephone line, and support investigations in collaboration with the Unit Head.
• Conduct daily transaction checks and exception reports, especially those related to field operations and loan disbursement.
• Perform transaction call-over, quality control checks, and loan officer activity reviews.
• Support the documentation and continuous improvement of the Bank’s Enterprise Risk Management (ERM) framework.
• Participate in periodic risk assessments, stress testing, and internal audits.
• Carry out other ad hoc risk-related assignments as directed by the Unit Head.

Qualifications & Requirements

• Bachelor’s degree in Finance, Risk Management, Accounting, Economics, or related field.
• 4 years of relevant experience in risk, compliance, or internal control, preferably within a microfinance or retail banking institution.
• Familiarity with risk frameworks such as Risk Management Graduation Model (RMGM), and a strong understanding of CBN/NDIC regulatory requirements.
• Proficiency in risk reporting, issue tracking, and operational control monitoring.
• Excellent communication and report-writing skills.
• Strong ethical judgment and attention to detail.
• Professional certification is an added advantage.

Why Work with BOSAK Microfinance Bank Limited?

• Salary: N180,000 - N235,000 monthly.
• Comprehensive HMO coverage
• Continuous training and professional development
• Competitive remuneration and welfare package
• Leave and passage allowance
• Clear career growth opportunities in a mission-driven institution
• Supportive work environment where performance and passion are rewarded.