• Category : Banking & Financial Services
  • Posted on
    :
    19 Nov 2020
  • Job Type : Full Time
  • No. of Vacancies : 1
  • Employer : MKOBO Microfinance Bank Limited
  • Experience : 0
  • Salary
    :
    Negotiable
  • Location : Lagos
  • Application Deadline
    :
    02 Dec 2020

MKOBO Microfinance Bank Limited

Job Description / Responsibility

The primary purpose of this position centers on ensuring the Bank’s risks are properly managed, the development and implementation of risk and compliance strategies or programs in order to find the appropriate balance in all forms of credit and operational risks while also ensuring regulatory compliance.

The position covers the following areas:

Credit Risk Management

AML (Anti-Money Laundering)

Enterprise Risk

Credit fraud prevention and detection

Business Continuity

Compliance

Key Functions

Oversee and enforce risk management policies, including Credit Manual, Anti-Money Laundering (AML) Manual, and Policy, and monitor compliance with these policies.

Develop appropriate Risk Management strategies/tools and disseminate appropriate risk management practices in line with developments in business products, change in clients, markets/industry, laws, and regulations.

Develop and implement policies and procedures that reduce credit risk for a financial institution.

Manage the building of financial models that predict credit risk exposure to the organization.

Undertake to build of financial models that predict credit risk exposure of the organization and oversee the preparation of Credit performance reports for management.

Manage the Bank’s risk asset portfolio, in terms of quality and volume

Own and ensure that the KYC/AML & CTF policies are kept up to date in line with CBN’s / FATF regulations.

Carry out internal training/refresher training for all staff to ensure that they are suitably trained with all credit-related issues.

Provide an independent review of proposed business plans which include risks identified to the Board Risk Committee and Executive Committee.

Manage a comprehensive KYC/AML/CTF Compliance program and training for the company in line with local regulations and internal policy requirements.

Developing methods to generate a robust system to identify, monitor, manage, and control credit, market, and operational risks.

Act as the champion of risk management for the Company and help improve Management team understanding of key risk identification, assessment, monitoring, and reporting, and mitigation.

Monitor and manage the performance and development of direct reports.

Have a working knowledge of consumer credit risk management and possess sound market and industry knowledge of banking/ finance sector.

Educational Requirements

    Minimum of Degree in Finance, Economics, Business Administration, etc. from a reputable University and Postgraduate degree an added advantage

Experience Requirements

    Minimum of 5 years working experience in risk management, internal control, or audit in the financial services industry/sector.

Additional Job Requirements

    Experience of the development of policy documents is an added advantage

    Highly proficient with MS Office.

    The ability to handle several complex tasks simultaneously and also coordinate key projects with a variety of stakeholders is essential.

    Demonstrate a good understanding of FINTECH

    Sound Knowledge of Civil Servant /Payroll Loans e. g through IPPIS and Oracle.

Company Information

MKOBO Microfinance Bank Limited
Address : 5 Aderibigbe Shitta Street Maryland. , Lagos , Nigeria
Web : Website