Financial / Market Risk Officer at Alan & Grant

Alan & Grant – Our work is focused on creating innovative HR and Organizational Development Solutions aimed at Performance Improvement & Business Growth. We currently serve clients across various sectors of the Economy from locations in Jos, Port Harcourt and Lagos.

We are recruiting to fill the position below:

Job Title: Financial / Market Risk Officer

Location: Lagos, Nigeria
Job type: Full time
Industry: Financial Services

Job Summary
The Job holder is responsible for implementing Enterprise Risk Management with key focus on Market and Financial Risk within the Group.

​Responsibilities and Duties

• Manage Asset and Liability Risk of the Group and Subsidiaries in an efficient and forward-looking manner
• Review of the balance sheet trend analysis to monitor key performance ratios in terms of liquidity, risk asset exposures, deposit concentration, earnings
• Daily monitoring of Net Open position of regulated subsidiaries to ensure compliance with regulatory benchmark
• Manage the Financial and Liquidity Risk position of the Group and Subsidiary through efficient cash flow planning
• Review of the Contingency funding plan at intervals to ascertain its relevance and conduct regular risk measurements and valuation of Treasury
• Prepare weekly and monthly cash flow projections with inputs from all subs for adequate liquidity planning and cash allocation
• Assist with the implementation of the ERM Framework within the Group and Subsidiaries
• Effectively supervise the stress test process to ensure the simulation model captures the actual risk faced by the Group
• Daily monitoring of treasury / trading limit to ensure limits are not breached during transactions and also follow-up on exceptional approvals conclusively
• Develop standard statistical methodology and models to conduct market and financial risk measurement and valuation for the treasury positions
• Develop and assign Treasury / Trading limits attached to products and desks to mitigate liquidity risk and safe-guard risk capital
• Develop standard reporting templates, dash boards to be utilized by the Group and provide support and training to staff to build risk awareness
• Perform any other duties as assigned by Head, Risk Management & Compliance

Requirements

• Minimum of BS.c in any relevant discipline, MBA or Master’s degree required
• Minimum of 4 years relevant experience of which at least two (2) years must have been spent in a similar role
• Professional Membership as a Certified Risk Management Professional (CRMP), PMI-Risk Management Professional, RIMAN Certified Risk Manager (CRM), and any other relevant risk management professional memberships or Other relevant professional qualification: ACA, ACCA, CIMA, CFA is an added advantage
• Ability to provide of overall leadership and direction to the Market, Financial and Liquidity Risk Team
• Good knowledge of finance, accounting, budgeting, financial statements and cost control principles
• In-depth understanding of the organization’s business issues and of corporate governance practices
• Ability to analyse financial data and prepare financial reports, statements and projections
• Ability to read large volumes of documents effectively and extract necessary information
• Proficiency with the use of MS Office and other relevant accounting tools
• Attention to details, analytical thinking and time management skills
• Excellent communication, presentation and negotiation skills

Application Closing Date
Not Specified.