Group Head, Enterprise Risk Management at Pishon and Brooks Advisory Services

JOB OBJECTIVE(S)

• The Group Head, Enterprise Risk Management, is responsible for designing, implementing, and overseeing the organization’s enterprise-wide risk management framework. The role ensures that all material risks such as strategic, financial, operational, Payment scheme, and reputational—are identified, assessed, mitigated, and reported in line with regulatory requirements and the company’s risk appetite, while supporting sustainable growth in a fintech environment.

DUTIES & RESPONSIBILITIES

• Develop and maintain a robust Enterprise Risk Management (ERM) framework aligned with the company’s strategy and regulatory expectations.
• Provide independent risk oversight across all subsidiaries and business units.
• Serve as the primary liaison between Management and the Board Risk Committee.
• Identify emerging and evolving risks including market, fraud, operational risks, Payment scheme regulatory risks.
• Proactively share Payment Scheme rule updates/changes to executive management that may negatively impact organisational business objectives
• Oversee Business related risk assessments for new products and business initiatives, and the processes that apply.
• Ensure business, operational and payment scheme regulatory risks associated with new products, digital channels, partnerships, and market expansion are properly evaluated.
• Design and monitor effective risk mitigation strategies and internal controls.
• Ensure integration of risk management into business decision-making and product development.
• Maintain and update the Risk register for Business, Scheme related and operational risks
• Supervise the regular review of key risk indicators associated with respective departments
• Maintain and update all business and operational risk related policies and frameworks e.g. Risk appetite framework
• Oversee the Change management process
• Serve as the primary liaison with law enforcement officials
• Collaborate with Compliance, Human resource Internal Audit, Legal, and Information Security teams.
• Oversee the remediation key risks (i.e. Non-compliance related) associated with transaction Processing, System integrity, MQR & Data integrity
• Prepare and present risk dashboards, reports, and key risk indicators (KRIs) to executive management and the Board when and if necessary.

STAFF ATTRACTION, MOTIVATION AND RETENTION

• Fill vacant roles within the department in a timely manner and provide opportunities for growth and development.
• Provide training, mentorship, and up-skilling programs.
• Recognize and reward individual and team achievements and contribution.
• Encourage open communication and feedback.
• Give employees autonomy and ownership of their work to motivate them.
• Foster a positive work culture that encourages collaboration, innovation, and creativity.
• Regularly engage direct reports to understand their needs and concerns.
• Foster a diverse and inclusive work environment that values different perspectives and backgrounds.

JOB REQUIREMENTS

• Education: BSc/HND in Finance/Economics/Accounting/Risk Management/Computer science /statistics or related fields.
• Certifications: ISO 3100 is mandatory.
• Others: Master’s Degree or MBA, ACCA, CRISC, ACA OR CFA would be an added advantage.
• Experience: Have a minimum of 14 years’ post-NYSC in risk management within fintech, banking, financial services, or technology-driven environments.#

KEY COMPETENCY REQUIREMENTS

Knowledge:

• Enterprise Risk Management frameworks and governance.
• Fintech operational, financial, and strategic risks.
• Regulatory and compliance requirements.
• Risk appetite setting and Board reporting.
• Conducting Risk assessments

Skill/Competencies:

• Deep understanding of enterprise risk frameworks (COSO, ISO 31000).
• Strong knowledge of fintech risks, digital payments and emerging technologies.
• Excellent analytical, strategic thinking, and problem-solving skills.
• Strong stakeholder management, communication, and presentation skills.
• High ethical standards, independence, and sound judgment.