Head Enterprise Risk Management

BUSINESS UNIT/ DEPARTMENT:  Enterprise Assurance Group

LOCATION: Abuja, Nigeria


The Head Enterprise Risk will provide oversight to the Enterprise-wide risk management (ERM) strategy and framework that effectively translates the risk appetite framework into informed decision-making practices that support the organization’s unique business model and strategic plan. He or she will bring strong technical expertise coupled with leadership and excellent stakeholder skills.


  • Oversee the development and implementation of the organization’s risk appetite, limits and tolerance levels.
  • Assist the Board/Management to develop and communicate risk management policies, risk appetite and risk limits.
  • Coordinate the identification, assessment and recording of business risks relating to processes and functions.
  • Define the enterprise risk management framework and establish guidelines for the development and implementation of supporting policies and procedures.
  • Incorporate risk considerations into strategic decision-making and ensure alignment between business strategies of line management and the risk policy.
  • Ensure portfolio optimization through risk diversification and transfer strategies, in line with the risk/reward profile.
  • Provide input into capital and resource allocation decisions.
  • Establish and maintain a risk awareness culture and provide appropriate opportunities for organizational learning, including lessons learned from previous problems, on-going communication, training and development.
  • Monitor and report on adherence to the organizations risk framework / policies to the Board.
  • Act as the point of contact between the organization and Regulators/investors with reference to risk management issues.
  • Build a risk monitoring system complying with Basel I & Basel II & Basel III requirements for assessing, reviewing and mitigating risk factors.
  • Establish a Credit Rating system for the Group as well as develop and implement a Credit Risk Management policy for the Group Credit Department.
  • Define procedure and guidelines for the establishment of the credit committee, ALCO committee etc.
  • Develop objectives for measuring, monitoring, evaluating, and mitigating the risk exposure of the Group and ensure that they are reported in a timely manner to regulatory entities and the management of the Group.
  • Oversee the Risk Management department in delivering high quality and professional service to the Group and the clients in the field of risk management.
  • Recommend and maintain proper approval processes for all transaction types to ensure proper risk control.
  • Ensure that classified loans are reported and properly administered in the system of the Group.
  • Establish procedures and execute Profitability and Risk analysis for the Group frequently.
  • Chairing Portfolio Management and Risk and Compliance Committees
  • Develop predictive dynamic monitoring procedures/systems for the Risk Management Department.


  • Minimum of 11 years’ experience in Enterprise Risk Management with at least 4 years’ risk management experience in a SEC regulated entity and at least 3 years in a management role.
  • Minimum of a master’s degree or MBA in any related discipline.
  • Professional certification such as CFA, CIS, ACCA, ACA, RIMAN or any other equivalent qualification from a recognized professional body
  • SEC Sponsorship is an added advantage





Job Category: Financial Services
Job Location: Abuja

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