Jobs : Risk Management Officer - Financial institution

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A reputable non-bank financial institution is seeking to recruit a Risk Management Officer to manage its financial and non-financial risks in accordance with the Company's strategic direction

Duties and Responsibilities:

To design and implement an overall risk management framework, risk policies and procedures for the organisation.

Performing risk assessment:

To identify current and potential risks and analyse their impact on the company's image, operations and profitability.

Performing risk evaluation:

  • To evaluate the company's previous handling of risks and comparing potential risks with criteria set out by the company such as costs and legal requirements.
  • To educate the board of directors about the most significant risks to the business; ensuring heads of departments understand the risks that might affect their departments; ensuring individuals understand their own accountability for individual risks.
  • To implement Health & Safety Policies, Disaster Recovery and Business Continuity Plans of the Company.
  • Evaluate effects of proposed Risk Management measures against current processes and procedures.
  • Produce risk reports and present same to Risk Management Committee for adoption.



Technical Competencies:

  • A good knowledge of Risk Management Framework.
  • Ability to design and implement a Risk Management Strategy.
  • A good understanding of the Risk Management Process.
  • Ability to conduct risk analysis, reporting, monitoring and evaluation.
  • A good knowledge and understanding of the major risk area

Other Competencies:

  • Good leadership skills
  • Strong analytical skills
  • Numerical skills
  • Planning and organisational skills
  • Excellent communication and Presentation skills.
  • Ability to cope with work and time pressure.
  • Ability to pay attention.
  • Good report writing skills.
  • Must be a team player.
  • Ability to organise and execute work to meet tight deadlines.

Qualification and Experience

  • First degree in Insurance, Risk Management, Law, Engineering, Actuarial Science or Financial Management
  • Minimum of eight (8) years' experience in Risk Management preferably in an insurance industry.
  • Must have a minimum of three (3) years experience in a managerial position.
  • Must be a member of any of the following professional bodies like Institute of Risk Management (IRM), Chartered Insurance Institute (Cll), Actuarial Society
  • A postgraduate degree in Risk Management will be an added advantage.



How To Apply For This Job

Interested persons should please send their application and CVs to:

Deadline: November 14, 2019

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