Risk Manager at Nigerian Exchange Group (NGX Group)

Job Summary

• We are seeking an exceptional, dedicated and goal-driven individual, who would work closely with the Head, Risk & Control.
• The Risk Manager is responsible for implementing risk policies and processes across the organisation; working closely with all relevant stakeholders.

Responsibilities

• Developing frameworks, policies and operating guidelines for the organisation’s Risk Management function.
• Planning, designing and implementing Risk Management processes for the organisation and developing Risk Management systems, including operating and financial models.
• Developing and improving the tools for identifying, measuring, monitoring, controlling and reporting risks.
• Researching and identifying risks facing the organisation, severity and determine probability of occurrence, as well as developing strategies to measure identified risks appropriately as well as, articulate a coherent risk appetite for the organisation.
• Actively monitoring the risk-taking activities and risk exposures to ensure they are in line with the board-approved risk appetite, risk limits and corresponding liquidity limits.
• Implementing and maintaining a Risk Control Self Assessment (RCSA) methodology and framework, including training & execution of the RCSA programme across Nigerian Exchange Group PLC.
• Analyse and generate periodic loss reports on significant risk incidences to management.
• Develop & define Internal Loss Data Collection Modules & Key Risk Indicators.
• Work with business units to establish, maintain and continuously improve Risk Management capabilities.
• Reduce operational risk exposure to acceptable levels of target residual risk, commensurate with the risk appetite.
• Develop risk mitigation strategies for the organisation’s critical risks and for monitoring these risks.
• Conduct stress testing on operational risk scenarios.
• Provides leadership on risk related issues and serve has a strategic partner to all subsidiaries and departments within the Group.

Person Specification & Required Qualification (s)

• A relevant Degree in Accountancy, Finance, Economics, Statistics Business Administration or a similar field, with 5-10 years’ experience in risk management;
• A Master’s Degree in Business Administration and/or Finance etc. will be an added advantage;
• Relevant professional qualification such as ACA, ACCA, Professional Risk Manager (PRM), Financial Risk Management (FRM) or other core risk management certification would be beneficial;
• Extensive knowledge of Risk Management, Internal Control, Audit, Compliance, Information Security ;
• Resourceful, proactive working style and a team player;
• Demonstrate professional maturity and poise; ability to employ perfect discretion in sensitive situations.
• Ability to own complex initiatives; superior project management skills
• Strong communication skills
• Strong analytical skills