Welcome

Welcome to Quickinfo where you get it all, If you want to Advertise with us, Buy 90million Nigeria GSM Numbers For your adverts, Bulk SMS, Email Addresses (worldwide), etc. contact us via e-mail: quicknews@ymail.com

Tuesday, 27 March 2012

CHIEF RISK OFFICER JOB WITH H.PIERSON

JOB DESCRIPTION
H. Pierson’s client is among the most prominent and well recognized financial services brands in Nigeria. It has continually distinguished itself for the quality of its asset management and financial advisory services.
Through entrepreneurship and focus on innovation, it has created significant shareholder value through different proprietary transactions and investments.
In their bid to maintain a niche in the highly sophisticated and emerging opportunities in the Nigerian market, they require strengthening their risk department by recruiting for the under listed position
JOB TITLE: CHIEF RISK OFFICER
LOCATION: Lagos
RESPONSIBILITIES
Define, implement and monitor the Firm’s overall integrated risk management framework and internal controls as well as set guidelines for the development of supporting policies and procedures.
Ensure the adequacy of existing internal controls and risk management frameworks through continuous identification, measurement and reporting of risk positions.
Participate in process improvement/redesign and system upgrade/implementation efforts to ensure relevant control requirements are considered and built into new systems and processes.
Serve as key information node for disseminating new and revised operating policies and procedures as well as improvements/changes in control/monitoring tools, techniques and approaches.
Create culture of intelligent risk-taking; heighten awareness and use of advanced risk management methodologies and practices through educational programs, training process, and personal mentoring with senior executives, business unit management and staff.
Provide broad guidelines for the development and implementation of risk based pricing systems for the Firm’s loan products.
Monitor Firm’s asset and liability reports to ensure compliance with set standards. Participate in the development of the Firm’s corporate strategy and overall business plan.
Demonstrate ownership of and communicate the unit’s strategic direction and objectives ensuring common understanding by subordinates.
Review statutory reports to external bodies to ensure completeness, accuracy and compliance with regulations. Ensure prompt reporting of risk exposures/positions and provide advice on possible resolution of critical issues.
Monitor the Firm’s compliance with regulatory and statutory provisions regarding risk management.
Facilitate the collection of credit receivables by ensuring prompt provision of behavioral collection decision tools and as well as cost and risk analyses of increased collection resources to business units.
Keep abreast of trends and advances in global risk management and ensure the knowledge and relevant information is passed to business managers within and outside the Risk Management Division.
Review audit reports and work papers ensuring professional standards are not compromised and that conclusions and recommendations are adequately supported.
Ensure the timely resolution of investigated items, audit/review points and other key exceptional issues/matters.
Work with the external auditors and regulatory examiners in the review and examination of the organization’s financial activities and other areas of the business
Provide risk and profitability reports as input to the new product development process.
Foster and maintain business relationships with relevant regulatory bodies and other institutions to ensure the business is abreast of regulatory changes that may impact its operations.
Communicate in a timely manner relevant Board Committees and other stakeholders. Continually review the effectiveness and efficiency of the unit’s policies, procedures and processes; identify and recommend improvement opportunities to Management.
Monitor actual activity and performance levels against the agreed budget/work programmes and take appropriate corrective action to ensure a cost-justified execution of the departmental activities.
Prepare and submit periodic management reports on the activities of the unit for board and management decision making.
Serve on committees or cross-functional teams and perform other duties as assigned by the CEO and the Board.
Monitor Insurance ratings – insurer financial strength and security ratings; capital models and other tools of analysis.
Application of Re-insurance utilization policies, credit and recovery risk analysis.
Working knowledge of the current state and outlook for the different sectors of the insurance industry – Property & Casualty, Life and re-insurance.
Review of key accounting issues such as Premiums, claims and reserves and investment valuations Monitoring and Regulation of insurance markets – availability, premium terms and rates etc.
QUALIFICATION/EXPERIENCE
First degree in business, accounting or other finance related discipline.
A professional accounting qualification (e.g. ACCA, CPA). CISA certification.
Eight ( 8 ) years cognate experience, with at least five (5) years in a related senior management capacity.
Good knowledge of the local and global financial service industry dynamics including regulations, legislations and operating environment.
Ability to think strategically and holistically and to appreciate the systemic impact of various policies, issues and solutions.
Broad understanding of risk and return, indicators and risk management techniques as well as trading and pricing derivatives.
Experience in building professional business relationships and dealing at a senior level appropriate for a leader of a critical function.
Strong knowledge of derivatives products. In-depth appreciation of project evaluation and project management techniques.
Strong financial accounting and budgeting skills.
Broad knowledge of Enterprise Risk Management (ERP) concepts. Broad knowledge and experience in operational risk, market/investment risk, ALM/Liquidity risk, etc.
Broad knowledge of financial, systems and process audit. Demonstrated ability to improve operations, decrease turnaround times and streamline work processes.
Demonstrated superior understanding of non-bank financial service operations, policies and procedures.
Broad knowledge of the Insurance Industry- covering Regulators and Competitors
Broad knowledge of risks in insurance will be an added advantage
Mature individual with strong problem solving and analytical abilities High integrity level and excellent decision making ability.
Exceptional attention to detail.
Good leadership, coaching and supervisory skills.
Excellent communication, interpersonal, presentation and facilitation skills.
Self-motivated with a strong drive, and commitment to achieving agreed objectives.
CLICK LINK TO APPLY
https://www.smartrecruiters.com/cgi-bin/WebObjects/frontoffice?fp1=51787287&fp2=746478874&fp3=60&fp7=61

No comments:

Post a Comment