Operational Risk Analyst at Rand Merchant Bank

Job Description

The RMB Nigeria Risk and Compliance Department is responsible for the end-to-end management and oversight of all categories of risk and governance in RMB Nigeria. The risk function within the entity is not only an oversight function but is expected to get involved in the day-to-day functional reporting and management processes insofar as there are no conflicts of interest. This creates the opportunity for broad-based integration into the business.

Responsibilities:      

The successful candidate will primarily be focused on providing operational support to the ORM in ensuring the overall operational risk objectives are met.

KRIs    

• Monitor entity-wide compliance in terms of capture and approvals by due dates and escalate gaps appropriately to the ORM
• Monitor and ensure all KRI breaches have requisite action plans in place.    
• Support the ORM with organizing KRI setting or review sessions with businesses.    

PRCIA    

• Support the ORM with organizing PRICA setting or review sessions with businesses    
• Monitor PRICA review calendar and prompt both the ORM and Businesses for reviews coming due reporting.    
• Prepare operational risk reports as may be assigned by the ORM or CRO    
• Ensure items that needed to be loaded on open pages such as loss events and PRCIA are promptly updated.   

Others    

• Take on assignments as directed by the ORM or CRO    
• Participate in governance meetings for OpRisk    
• Log all operational risk incidents on OpenPages     
• Ensure all OpRisk event logs are reviewed and approved within stipulated timeframes    
• Provide general administrative support in all OpRisk departmental activities    

Qualifications and Experience:             

• Candidates should have a relevant graduate degree and at least 2-5 years of work experience preferably having worked as an entry-level professional in investment banking, accounting, audit, management consulting, or related fields, and who is interested in working in a small team environment with a high degree of client contact. 
• Experience in MS-Excel financial modeling, including detailed income statement forecasting and scenario analysis, capital structure modeling and M&A modeling.     

Competencies:   

• Analysis and Attention to Detail
• Verbal and Written Communication
• Problem-Solving
• Self-motivated to take on multiple tasks
• Business Acumen
• Organisational Awareness
• Anticipating and Managing Change
• Presentation and Facilitation
• Understanding of Operational Risk Management
• Team player
• Strong attention to details

Human Relations Profile  

• Strong character & integrity are paramount.
• Self-confidence, with a pleasant personality 
• Well organized/good time management capabilities/disciplined/detail oriented 
• Self-starter able to work with minimal supervision. 
• Strong work ethic and ability to operate in a fast-growing environment 
• Flexible when necessary and ability to work effectively under pressure