Rigo Microfinance Bank Limited – We deliver unequaled financial services through well trained and friendly workforce; helping individuals meet their financial goals and supporting micro, small and medium enterprises to grow.
We are recruiting to fill the position below:
Job Title: Risk Management / Control Officer
Location: Lagos
Responsibilities
- Examine and evaluate the effectiveness and adequacy of the internal control systems
- Perform review of the effectiveness and application of risk assessment methodologies and risk management procedures
- Review financial and management information systems, including the electronic banking services and electronic information system
- Review financial reports and accounting records for accuracy and reliability
- Perform review of means, techniques, or methods of safeguarding assets
- Perform review of system applied by the bank in evaluating its capital vs estimated risk
- Perform evaluation of the economy and operational efficiency
- Perform a test on both the functioning of specific internal control procedures and transactions
- Perform review on established systems for ensuring codes of conduct, compliance with regulatory and legal requirements, and the implementation of procedures and policies
- Perform special investigations, and carry out tests on the timeliness and reliability of the regulatory reporting.
- Undertaking internal audits to ensure the company meets its financial, operational and compliance objectives
- Supporting the development of an assurance planning reporting process
- Reporting on control deficiencies to management and making recommendations to mitigate risk and add value
- Challenging current processes across the company and identifying opportunities for refinement
- Engaging remediation of identified issues through follow-up
- Playing an active role in the maintenance and review of policies and procedures, including ensuring they are up to date with all legislation and best practices
- Communicating with a variety of stakeholders across the company.
- Any Other Activity that may protect the integrity of this bank’s policies, procedures, processes, and controls.
- Designing and implementing an overall risk management process for the organization, which includes an analysis of the financial impact on the company when risks occur
- Performing a risk assessment: Analysing current risks and identifying potential risks that are affecting the company
- Performing a risk evaluation: Evaluating the company’s previous handling of risks, and comparing potential risks with criteria set out by the company such as costs and legal requirements
- Establishing the level of risk the company are willing to take
- Preparing risk management and insurance budgets
- Risk reporting tailored to the relevant audience. (Educating the board of directors about the most significant risks to the business; ensuring business heads understand the risks that might affect their departments; ensuring individuals understand their own accountability for individual risks)
- Explaining the external risk posed by corporate governance to stakeholders
- Creating business continuity plans to limit risks.
Requirements
- Interested candidates should possess a Bachelor’s Degree qualification
- At least 4 years of work experience.
Application Closing Date
20th December, 2021.
How to Apply
Interested and qualified candidates should forward their CV to: career@rigomfb.com using the position as the subject of the email.