JOB TITLE: Operational Risk and Compliance Officer
JOB LOCATION: Lagos
JOB DETAILS:
- The Operational Risk and Compliance Officer shall be responsible for ensuring compliance with; the approved risk management framework, regulatory codes, policies and regulations.
- He/She shall support the processes for identifying, controlling, managing and reporting operational risk.
Key Duties and Responsibilities
Operational Risk:
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- Support the planning, designing and implementation of the Authority’s overall risk management process.
- Support the process for identifying critical business processes and relevant control mechanisms.
- Conduct periodic risk assessments to analyse, identify, describe and estimate the risks inherent in the Authority’s activities and provide recommendations to address identified weaknesses.
- Liaise with the Unit Head to develop and implement the business continuity management framework for the Authority.
- Support the process of designing and implementing recovery and crisis management plans.
- Promote awareness and assist in embedding an improved risk and compliance culture within the Authority.
- Collaborate with other Unit Heads to address new and/or emerging risks that may occur as a result of changes in regulatory, government policy, strategy and business focus.
- Document the occurrence of operational risks and investigate such incidences.
- Support the implementation of a detailed emergency response and associated operational activities.
- Support the implementation of techniques & methods of training, testing & maintaining business recovery plans.
Compliance:
- Coordinate compliance monitoring and enforcement of set rules and regulations as defined within all applicable regulations guiding the Company’s operations e.g
- Liaise with functional heads within the Company and support processes for ensuring full compliance across board with all applicable regulatory requirements.
- Support the Head, Operational Risk & Compliance in managing relationships with regulators and other relevant statutory bodies to facilitate prompt and effective resolution of compliance-related issues.
- Create company-wide awareness on key regulatory issues impacting on the company’s operations and liaise with Human Resources to organize compliance related trainings.
- Conduct periodic compliance audit/ reviews in liaison with Legal and Internal Audit.
- Support policies and procedures management.
Competencies and Skills Requirements
- First Degree from a reputable university.
- Relevant post graduate/ professional qualification.
- Minimum of 4 years cognate experience.
- Experience in financial services, specifically operations or audit will be an added advantage.
- Knowledge of operational risk best practices.
- Good knowledge of operational risk measurement methodologies.
- Environmental / Industry Analysis.
- Knowledge of Investment / Portfolio Management, Assets & Liabilities Management and Financial analysis / interpretation will be an added advantage.
HOW TO APPLY
Interested and qualified candidates should send their CV to: [email protected] using the Job Title as the subject of the mail.
Deadline: September 13, 2022
Job Features
Job Category | Risk/Credit/Finance/Insurance/Investment |