Head, Operational Risk

5 days ago

Lagos, Lagos, Nigeria Jubilee Life Mortgage Bank Full time ₦600,000 - ₦1,200,000 per year
Jubilee-Life Mortgage Bank
Accounting, Auditing & Finance

Lagos Full Time

Banking, Finance & Insurance NGN 400, ,000

Job Summary

Suitable candidate will be responsible for overseeing and managing the business and operational risk framework for the bank as it involves identifying, assessing, monitoring, and mitigating risks associated with business operations and processes.

  • Minimum Qualification : Degree
  • Experience Level : Senior level
  • Experience Length : 8 years
Job Description/Requirements

Responsibilities:

Develop and implement a comprehensive business and operational risk management framework.

Identify key operational risks and develop mitigation strategies.

Ensure alignment of risk management strategies with the organization's business objectives and regulatory requirements.

Conduct regular risk assessments to identify potential operational risks and their impact on the organization.

Conduct routine risk assessments to identify areas of potential non-compliance and loss vulnerability

Develop corrective action plans for resolution of problematic issues, and follow up on identified remedial actions and internal control enhancements.

Develop and implement risk monitoring systems to track and report on key risk indicators.

Coordinating the Risk & Control Self-Assessment (RCSA) framework across the various business and support units.

Develop and implement fraud detection systems. Monitor transactions and behavior patterns to identify and investigate suspicious activities.

Conduct post-event analysis to identify lessons learned and improve risk management practices, policy development & compliance

Coordinate the establishment and maintenance and continuously improve risk management capabilities within the various business units.

Conduct training and awareness programs through one-risk-a-month on risk management procedures and practices.

Update policies regularly to reflect changes in regulations and business practices.

Requirements:

Academic Qualification:

  • Bachelor's degree in finance, Business Administration, Risk Management or a related field.
  • Master's degree is an advantage.
  • Professional Qualification: Professional certifications in risk management, such as CRM, CRISC, ORM, etc., are preferred.

Years of Experience:

  • At least 6–8 years' experience in business and operation risk management, with specific experience in risk assessment, policy development, compliance, and fraud detection within the financial services industry.
  • At least 3 years in a leadership/supervisory role.
  • Competency: Strong knowledge of risk assessment, control frameworks, and regulatory compliance is required.

Skills:

  • Analytical skills
  • Communication skills
  • Attention to detail
  • Problem-solving skills
  • Regulatory knowledge
  • Interpersonal skills
  • Technical proficiency
  • Project management capabilities
  • A commitment to continuous learning.

  • Head of Risk

    3 days ago

    Lagos, Lagos, Nigeria Teerus Microfinance Bank Full time ₦1,500,000 - ₦3,000,000 per year

    JOB TITLE: Head of RiskJOB LOCATION: Surulere, Lagos ADVERTISEMENTJOB DETAILS:The Head of Risk, Internal Control, and Compliance is a critical leadership role responsible for safeguarding the bank's financial, operational, and reputational integrity by implementing risk management frameworks, internal control mechanisms, and compliance programs.Reporting...

  • Head, Operational Risk

    5 days ago

    Lagos, Lagos, Nigeria Unified Payment Service Full time $60,000 - $100,000 per year

    KEY PERFORMANCE INDICATORSOperational Risk Management:Work closely with senior management to develop and implement risk mitigation strategies and ensure that operational risks are aligned with the organization's risk appetite.Monitor and report on operational risk exposure, ensuring that risk limits and mitigation strategies are in place and adhered...

  • Head of Risk Management

    5 days ago

    Lagos, Lagos, Nigeria Prosperis Holdings Full time $1,200,000 - $4,800,000 per year

    DIVISION/DEPARTMENT:Risk ManagementREPORTS TO:Chief Operating OfficerWORK RELATIONSHIPS:Board of Directors, External Auditors, Executive ManagementJOB SUMMARYThe Head, Risk Management is responsible for developing, implementing, and overseeing the enterprise-wide risk management framework for the organization and its subsidiaries. This role ensures the...

  • Head of Operations

    3 days ago

    Lagos, Lagos, Nigeria Teerus Microfinance Bank Full time ₦10,000,000 - ₦20,000,000 per year

    JOB TITLE: Head of OperationsJOB DETAILS:The Head of Operations is a pivotal leadership role responsible for ensuring the smooth and efficient functioning of the bank's daily operations. This role oversees branch operations, transaction processing, service delivery, and operational risk management. Reporting directly to the Managing Director, the Head of...

  • Head of Operations

    3 days ago

    Lagos, Lagos, Nigeria Teerus Microfinance Bank Full time ₦10,000,000 - ₦20,000,000 per year

    JOB TITLE: Head of OperationsJOB LOCATION: Surulere, Lagos ADVERTISEMENTJOB DETAILS;The Head of Operations is a pivotal leadership role responsible for ensuring the smooth and efficient functioning of the bank's daily operations.This role oversees branch operations, transaction processing, service delivery, and operational risk management. Reporting...

  • Head of Operations

    5 days ago

    Lagos, Lagos, Nigeria -a3ac-4d6b-99d0-08f369144aa6 Full time ₦3,000,000 - ₦6,000,000 per year

    Job SummaryWe are seeking a seasoned and strategicHead of Operationsto provide leadership and vision for the operational functions of our Microfinance Bank. Operating from our Head Office, the ideal candidate will oversee the bank's centralized operations, ensuring that all digital channels, settlement processes, and customer services operate efficiently,...

  • Head of Risk and Internal Control

    3 days ago

    Lagos, Lagos, Nigeria Teerus Microfinance Bank Full time ₦10,000,000 - ₦20,000,000 per year

    JOB TITLE: Head of Risk and Internal ControlDescriptionThe Head of Risk, Internal Control, and Compliance is a critical leadership role responsible for safeguarding the bank's financial, operational, and reputational integrity by implementing risk management frameworks, internal control mechanisms, and compliance programs. Reporting directly to the Managing...

  • Head, Credit Risk Management

    5 days ago

    Lagos, Lagos, Nigeria Paga Full time ₦1,500,000 - ₦3,000,000 per year

    Job description for role of Head, Credit Risk ManagementThe Company Memento Microfinance Bank LimitedCompany type/Sector Digital Bank/ Financial ServicesReports to The Managing DirectorLocation Lagos, NigeriaExperience Minimum of 7 years of relevant experience in financial servicesABOUT THE COMPANYMemento Microfinance Bank (MMFB) is a Tier 1 Unit...

  • Operational Risk

    3 days ago

    Lagos, Lagos, Nigeria Flour Mills Full time ₦4,000,000 - ₦12,000,000 per year

    JOB TITLE: Operational Risk & Business Continuity ManagerJOB LOCATION: Apapa, Lagos ADVERTISEMENTJOB DETAILS:To supervise and facilitate implementation of effective mitigation plans for risks associated with disruptions.DutiesCoordinates the Business Continuity Management Programme (BCMP) as a member of a multi-disciplinary and cross-functional programme...

  • Head of Enterprise Risk Management(ERM)

    5 days ago

    Lagos, Lagos, Nigeria DLM Capital Group Full time ₦15,000,000 - ₦30,000,000 per year

    The Head, Enterprise Risk Management shall support the Enterprise Risk Management process across all DLM Group Entities through the implementation of robust Enterprise Risk Management Framework within the standards defined by the Group including the identification, measurement, monitoring and reporting of risk and enforcing compliance with policies,...