Head, Risk Management

A well capitalised Mortgage Bank located in Abuja, is recruiting to fill the position below:

Job Position: Head, Risk Management
Job Location: Abuja

Job Description

• The ideal candidate shall be responsible for managing the organisation's total risks and ensure compliance with the bank's set risk appetite.
• The candidate must have sufficient knowledge to design appropriate risks mitigating strategies across the enterprise's operations.

Key Responsibilities

• Ensure that accounts identified as problematic are placed on the watch list and re-risk graded to reflect their current irregular status.
• Ensure that covenants and approval conditions for facilities are recorded, diarised and followed up effectively.
• Liaise with approved Estate Surveyors and ensure that turnaround time on Property Valuation does not exceed three days.
• Maintain a diary system to ensure timely follow up and ensure that corrective action is taken and the account rectified as indicated.
• Communicate with branches to ensure regularization of accounts.
• Ensure that accounts identified as problematic are placed on the watch list.
• Monthly reporting of accounts to be placed on Watch-list to Management.
• Updating Covenant tracker - Monthly for all accounts.
• Any other responsibility assigned by the Management.

Qualifications, Experience and Skills

• Minimum of 4 years Banking experience, particularly credit risk management.
• Analytical with a tolerance for high volumes and problem absorption whilst detailed oriented.

Competencies:

• Excellent oral & written communication skills: Correspondence to be articulated in a logical and well-structured manner. Must be able to convey facts, ideas and opinions clearly.
• Proficiency in the use of MS Office Suite especially MS Excel.
• Analytical skills with ability to analyze large data.
• Attention to detail. Thorough, particular and accurate in nature
• Initiative - Identification of possible outcomes and taking preventative measures.
• Resilience - Ability to stand ground when being challenged.
• Integrity - Maintaining a high level of trust.
• Good organizational skills to achieve required work flow.
• People management skills and great team player.