Risk Analyst at Estrada International Staffing Solutions

Job Summary

• As a Risk Analyst, you will play a critical role in assessing, monitoring, and mitigating risks associated with our financial products and services.
• You will use data analysis, modeling, and risk assessment techniques to support decision-making and help ensure the safety and security of our clients and the company.

Key Responsibilities

• Risk Assessment: Evaluate credit, market, operational, and compliance risks associated with financial products and transactions.
• Data Analysis: Analyze large datasets to identify risk trends, anomalies, and potential areas of concern. Develop and maintain risk models and methodologies.
• Risk Monitoring: Continuously monitor and assess the performance of the company's risk management strategies and policies.
• Credit Underwriting: Assist in the development of credit underwriting standards and conduct credit assessments of applicants and existing customers.
• Regulatory Compliance: Ensure compliance with all relevant financial regulations and industry standards. Stay updated on regulatory changes and their impact on the business.
• Risk Reporting: Prepare and present risk reports to senior management and relevant stakeholders. Provide insights and recommendations based on analysis.
• Fraud Detection: Collaborate with the fraud detection team to identify and prevent fraudulent activities. Implement fraud prevention measures.
• Risk Mitigation: Develop risk mitigation strategies and work with cross-functional teams to implement them effectively.
• Portfolio Management: Monitor the performance of financial portfolios, identify potential risks, and recommend actions to optimize portfolio quality.
• Scenario Analysis: Conduct scenario analysis and stress testing to assess the impact of adverse economic conditions and external factors on the business.
• Documentation: Maintain accurate records of risk assessments, decisions, and actions taken to mitigate risks.

Qualifications

• Bachelor's Degree in Finance, Economics, Mathematics, Statistics, or a related field. A Master's Degree or relevant certifications is a plus.
• Proven experience (5+ years) in risk analysis or risk management within the financial industry or fintech sector.
• Strong analytical and data modeling skills. Proficiency in data analysis tools and software.
• Knowledge of financial regulations and compliance requirements.
• Excellent problem-solving and critical-thinking abilities.
• Effective communication and presentation skills.
• Attention to detail and a commitment to accuracy.
• Ability to work collaboratively in a cross-functional team environment.
• Adaptability to changing industry trends and regulatory environments.

Salary

• N450,000 - N500,000 Monthly Gross.

Application Closing Date
15th October, 2023.