Risk Officer at Norrenberger Financial Group

Job Summary

The Risk Officer will be directly responsible for overseeing the risk management function to identify, measure, assess and mitigate internal and external risks that may hinder Norrenberger Securities from achieving its strategic objectives.

Job Details

• Develop and renew policies promptly.
• Oversees the identification and risk mitigation procedures in the Company.
• Guides to ensure that adequate risk management policies are designed, and well implemented by subsidiaries
• Oversee monitoring of macro-economic activities that may affect the NSL’s business activities, to proactively identify and assess the impact of risks inherent in the Company's business operations
• Supervises the collation of risk data to aid reporting to Management and the Board. This is done weekly, monthly and quarterly. This covers credit risk, market risk, operational risk and other critical risk areas.
• Develop and implement a standardized risk management framework.
• Monitor to ensure that the business and operational risks are kept within standard acceptable limit.
• Assesses and monitors adequacy/quality of adherence to internal control procedures.
• Escalate identified weaknesses in controls to the Group Enterprise Assurance and recommends workable solutions.
• Analyze various financial data to estimate the degree of risk and level of associated risk involved in establishing a business or partnership relationship with firms or individuals.
• Provide regular accurate and objective reports/updates to inform and guide management.
• Prepare and submit Risk assessment reports (issues, recommendations) to Group Enterprise Assurance.
• Ensure that the Group's annual Risk & Control plan is implemented within the assigned timelines.
• Conduct research and prepare reports on trending risk issues within the industry to be used for decision purposes by the Group Enterprise Assurance.
• Analyze the impact of action plans on identified risk profiles.

Requirements

• Bachelor’s degree in accounting or finance-related discipline.
• Minimum of 4 years of cumulative relevant working experience in Risk management or the Internal Audit in the Equity Space.
• MBA or Masters in a related discipline is an advantage.
• Relevant professional certifications e.g. Institute of Internal Auditors (IIA), Institute of Chartered Accountants of Nigeria (ICAN) or Association of Certified and Chartered Accountants (ACCA), Certified Information Systems Auditor (CISA), International Certificate in Enterprise Risk Management (ICERM).
• Member of CIS is an added advantage.
• Personable - ability to build relationships and partnerships internally and externally.
• Advanced Microsoft Excel and PowerPoint skills.
• Ability to understand broader business issues.
• Experience assessing risk profiles in a structured environment