Head of Risk Management at Workforce Group

 Location: Egbeda, Lagos

Sector: Tier 1 Microfinance Bank

Our client, a Tier 1 Microfinance Bank, is seeking an experienced and strategic Head of Risk Management to lead its enterprise-wide risk function and support sustainable growth in a highly regulated environment.

This role is ideal for a seasoned banking professional with strong regulatory insight, leadership maturity, and deep expertise in credit, liquidity, and enterprise risk management.

 Key Responsibilities

•  Develop, implement, and sustain the Enterprise Risk Management (ERM) Framework
•  Define and operationalize the Board-approved Risk Appetite Statement
•  Oversee credit policy, underwriting standards, and portfolio concentration limits
•  Monitor credit exposures, delinquency trends, and portfolio performance
•  Support ALCO through liquidity risk management, stress testing, and scenario analysis
•  Serve as primary liaison for CBN risk examinations and regulatory compliance
•  Advise Executive Management and the Board on risk implications of strategic decisions
•  Drive a strong risk-aware culture through training and continuous engagement

 What We’re Looking For

•  Bachelor’s degree in Finance, Accounting, Economics, or related field
•  Master’s degree / MBA is an added advantage
•  Professional certifications (CRMA, FRM, PRM, ERM, ICAN, ACCA, CIBN) are highly desirable
•  8–10 years’ banking experience, with at least 5 years in a senior risk leadership role
•  Strong knowledge of CBN regulations, IFRS 9, Basel II/III, and AML/CFT frameworks
•  Proven ability to manage multi-dimensional risk portfolios and lead cross-functional teams

Success Will Be Measured By

•  NPL ratio maintained within regulatory limits (≤5%)
•  Strong Capital Adequacy and regulatory compliance
•  Timely submission of all risk and regulatory returns
•  Positive audit and regulatory ratings with no major risk findings