Career Opportunities at Deloitte

Requirements

Implementation of CGF’s operations

• Run the risk management function in a hands-on fashion initially, before building a team in line with the CGF’s growth;

• Develop the framework, policy, and operating guidelines for the CGF’s risk management function;

• Planning, designing, and implementing an overall risk management process for the CGF and developing risk management systems, including operating and financial models;

• Create and improve tools for identifying, measuring, monitoring, controlling, and reporting risks for the CGF;

• Heading the Risk Committee;

• In the setting-up risk management environment, the CRO will play an important role in development of the CGF’s strategy through identification of the loss/risk drivers inherent in each strategy; and,

• Establish and help manage relationships with internal and external stakeholders and customers of the CGF

Risk Management

• Continuously developing, enhancing, and embedding the risk framework for managing risks across the institution, ensuring that processes are fit for purpose;

• Working closely with the CEO, CFO, relevant board members and committees, senior managers across the CGF in molding a well-controlled, high achieving organization which can fulfil its mandate safely;

• Perform research to identify the risks facing the CGF, their severity and determine the probability of occurrence;

• Develop strategies to measure identified risks appropriately, and articulate a coherent risk appetite for the CGF;

• Design operational policies and procedures to mitigate the risks;

• Implement and assign responsibilities for risk management;

• Risk monitoring and risk reporting to different stakeholders;

• Establishing and maintaining risk governance systems and structures at management level, in accordance with the overall risk management framework approved by the Board;

• Lead the CGF’s efforts in pursuing risk re-guarantees and co-guarantees, where such are considered;

• Embedding a positive culture of confident and informed risk-taking through training, communication, and promotion of the agreed risk framework;

• As a member of senior management and the executive committee, provide essential input on the CGF’s enterprise risk management to the board risk committee, the CEO and senior management of the CGF;

• Liaising with internal and external auditors in assessing and providing independent assurance of the adequacy, appropriateness, and effectiveness of the CGF’s overall risk management framework, policy, and implementation plan;

• Partnering effectively with third parties, regulatory bodies, and others, as appropriate, and serving as a role model for high personal and corporate ethical values and standards of integrity.

Other Duties

• Regularly participate in management meetings and carry out any other duties as may be required.

• Budgeting responsibilities – discretionary control over risk department budgets up to a level approved by the CEO.

Qualifications & Experience

• Degree in Finance, Accounting or Business Administration

• Professional accounting qualifications such as CPA or ACCA;

• A Master’s degree in Business Administration and/or Finance/Accounting will be an added advantage;

• Significant experience in financial services particularly in the areas of best practice risk management and governance frameworks, methodologies, and emerging practice (at least 10 years, of which 6 should be in a senior managerial role);

• A background in banking, insurance or trade finance is essential;

• Experience with credit risk guarantees/insurance and exposure to development issues is desirable;

• Ability to exercise oversight over oversight over governance, risk, compliance, and control arrangements in a complex financial operation;

• Proven ability to oversee several risk types, ideally including credit risk, operational risk, market risk, liquidity risk, reputational risk, legal risk, compliance risk, AML risks, information security risk, concentration risk, investment risk, and strategic risk;

• Knowledge and understanding of risk control arrangements;

• Knowledge in regulatory environment and key regulatory regimes in Nigeria;

• Experience in a fast growing, challenging business environment;

• Strong mentoring and coaching experience to a team with diverse levels of experience

Desired Skills & Competencies

• A self-starter with strong internal motivation, able to set-up systems and procedures in a ‘start up’ environment, and with a passion for helping MSMEs succeed;

• Commercially astute: A high degree of business acumen, entrepreneurial spirit and wants to grow with the company;

• Skilled communicator with the ability to influence and motivate others;

• Problem-solving and decision-making skills, with the ability to analyze complex information to identify the key issue/action and drive resolution;

• Leadership skills, including the ability to manage risk, compliance, and control activities in a complex financial operation;

• Excellent IT and analytical skills;

• A track record of delivering high performance and overcoming challenges;

• A dedicated team player with a pragmatic approach;

• Robust, organized, proactive and a flexible person with hands on mentality;

• Excellent communication and presentation skills in English, both written and orally, including the ability to convey ideas and positions clearly and concisely;

• An open-minded, personable individual with outstanding organizational skills;

• Personal commitment to organization excellence; displays honesty, integrity, and a strong sense of ethics in all decisions and actions.

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Description

Our client, a leading insurance company is looking for the position of Head, Internal Control and Audit

Job Summary

The job incumbent will be responsible for helping the organization achieve its objectives by evaluating the effectiveness of governance, risk management and internal control arrangements and playing a key role in promoting good corporate governance. These include internal audit service, drawing up the internal audit strategy and annual plan and giving the annual audit opinion.

Job Duties and Responsibilities

Internal Control Framework & Implementation

• Analyses, measures and evaluates process risks. Formulate policies and procedures to improve internal controls, compliance and efficiency.
• Own the design, implementation, documentation, assessment and monitoring of the internal control framework, including policies, procedures and key risks in order to ensure that the Company has adequate controls to prevent unintentional and intentional errors in financial reporting, processes and business operations.
• Actively seek standardization and automation, apply and implement best practices for managing internal controls and deploy innovative technology where possible to enhance and continuously improve the design and operating effectiveness of the controls, documentation, assessment and review procedures.

Audits & Reviews

• Create, develop and foster strong and professional relationships with business process owners for improved understanding of divisional procedures.
• Identify and report any process activities that deviate from the approved polices and or best practice to Management
• Identify requirements and build key knowledge in line with functional competencies.
• Work collaboratively with business and process owners to implement and monitor remediation efforts that result from internal control assessments, ensuring the effective implementation of corrective action.
• Review expense requests to ensure they are in line with management policies prior to payment.

Regulatory compliance oversight and engagement

• Provide proactive support and advice to the business to ensure compliance with local and international (where applicable) regulatory requirements on an ongoing basis while maintaining professional relationships with respective local/international regulators.

Monitoring & Reporting

• Support business processes owners to ensure processes and controls are appropriately designed and implemented to address the inherent and emerging risks.
• Adequate and timely reporting on the internal control framework and control deficiencies to ensure appropriate communication, documentation, escalation to relevant stakeholders in the business.
• Other relevant engagements as assigned by the Executives and Board.

Requirements

• Minimum of a bachelor’s degree (with post-graduate qualifications – preferred) in Accounting, Economics, Insurance, etc., with at least a 2:2 (second class lower)
• At least an ACA member of ICAN or ACCA is required, relevant professional certification (CIIN, related risk, control and audit certifications, etc) will be a plus
• 15 years+ experience functioning in similar capacity as highlighted above
• Experience garnered in multinational organization(s) in the financial services, specifically, Insurance sector (most preferable) or delivering similar services via the professional services firms (preferably any of the “big 4”)

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Description

Our client, a leading insurance company is looking to fill the position of Head, Legal & Compliance

Job Summary

The job incumbent will be responsible for overseeing and ensuring that business activities are conducted in conformity with all applicable laws, regulations, internal policies and procedures. Also, he/she will be responsible for ensuring that all regulatory permissions remain current and appropriate for business needs.

Job Duties and Responsibilities

Compliance Responsibilities/Accountabilities

• Ensure implementation of a robust and consistent compliance programme, in line with the Group / regional policies and standards and in compliance with local and international regulations.
• Provide support to address any compliance and regulatory-related issues or investigations and maintain an up-to-date view of regulatory and business developments.
• Develop a framework for the ongoing identification, monitoring (including relevant key risk indicators), management and reporting of AML, ABC, sanctions, fraud and conduct risk.
• Keep up to date with, and understand, relevant laws and regulations, monitor compliance with laws, regulations and internal policies.

Legal & Governance Responsibilities/Accountabilities

• Preparation, review and interpretation of documents from a legal perspective including the creation and review of all types of agreements - new and/or amended laws, regulations, guidelines, e.t.c., issuance of letters and response to letters, amongst others.
• Educate employees and leadership (stakeholders) on not only the legal requirements but also the impact on the organisation if these aren't complied with.
• Coordination and preparation of internal statutory reports and documentation to ARH and supporting the external Company secretary on corporate governance deliverables.
• Legal documentation drafting and conveyance, review, negotiations and pricing.

General Leadership, Advisory, Relationship & Stakeholder Management

• Advise on general business law issues and managing legal issues including corporate matters, procurement, health and safety and governance.
• Provide stewardship through collaboration and role modelling with other departments/functional leaders to create a culture of compliance.
• Supporting management and the Board through preparation of any legal and compliance related reports or updates that warrant the attention of the Board and attendance at the requite Board and Board Committee meetings to provide the appropriate advice and assurances if necessary.

Requirements

• 12 years+ experience functioning in similar capacity as highlighted above
• Experience garnered in the financial services, specifically, Insurance sector (most preferable) or delivering similar services via the professional services firms (any of the top “big 4”)
• Minimum of a bachelor’s degree in Law – LLB & BL with at least a 2:2 (second class lower)
• Additional and relevant professional certification (e.g. ACTI, ACArb, CIIN, etc) – preferred