Head Risk Management and Compliance 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: Head Risk Management and Compliance

Zip/Postal Code: 100001
Location: Lagos
Job Type: Full Time
Industry: Financial Services

Job Summary
The job holder will be responsible for championing risk management practices and ensuring compliance across the organization and its subsidiaries.

Duties & Responsibilities

Design, implement and lead a global risk management strategy for the group and its subsidiaries
Support the Group Executives, Board and governance structures of the various subsidiaries on embedding a risk-aware culture
Establish and quantify the organisation’s ‘risk appetite’ and ensure risk approach adheres accordingly
Continuous accountability for risk identification, measurement, monitoring, assessment, and control according to the annual risk management plan
Liaise with all relevant stakeholders; internal and external (regulatory bodies, shareholders) to ensure compliance
Ensure compliance with regulatory obligations whilst taking a commercial and practical approach to risk-based challenges and offer appropriate solutions
Continual drive for enhanced efficiency and client service (internal and external) in all Risk and Compliance processes
Develop, lead and motivate the Risk and Compliance team to maximise effectiveness
Ensure senior management remain informed of regulatory, legislative and best practice changes and their obligations under these changes and how they impact the Group and its subsidiaries
Provide regular reports to the boards and other relevant bodies detailing any current issues or information as required
Corporate governance involving external risk reporting to stakeholders
Providing support, education and training to staff to build risk awareness within the organisation
Provision of proactive and practical regulatory advice to business managers and support functions
Manage the successful delivery of compliance projects ensuring technical excellence and a practical/business-driven approach. Support and lead on Group projects as assigned
Ensure an effective internal compliance team is fully functional and all control measures are adhered to
Maintain a centralized reporting system that captures and records any breaches in compliance
Maintain working knowledge of relevant legislation, statutory instruments, codes of practice, and organisation policies, and ensure adherence
Investigate all breaches and near breaches of all regulations and statutes and report material breaches in compliance as required as soon as reasonably practicable
Manage the anti-money laundering policies and procedures and ensure the group and its subsidiaries are compliant
Provide guidance and recommendations on corrective actions or risk mitigation of potential issues in policies, systems and employee or vendor conduct
Responsibility for updating and maintaining all policies on risk and compliance
Maintain up to date knowledge and understanding of appropriate regulations and internal policies and procedures, including money laundering regulations, General Data Protection Regulations, HR Handbook, firm standards of business conduct, anti-bribery and corruption, conflicts of interest, client due diligence etc.

Requirements

Minimum of first degree in Accounting, Economics, Finance or similar role
Minimum of 10-15 years’ experience in this role, preferably in the financial services industry
MBA or Master’s degree in Finance or Accounting may be preferred
Professional Risk Manager (PRM), Financial Risk Management (FRM) or other core risk management certification would be beneficial
Knowledge and experience commensurate with this role and having dealt with at least two of the 3 key FSI regulators (CBN, SEC and NAICOM)
Must be able to demonstrate a broad technical knowledge and expertise covering conduct of business matters, corporate governance matters and regulatory risk and regulatory change matters Practical and commercial approach to problem-solving
Experience of influence behaviours at all levels of the organisation
Proven track record of delivering enhancements to process efficiency
Experience of leading and motivating multi specialism teams
Ability to produce and present effective presentations and training sessions
Knowledge of finance, accounting, budgeting, and cost control principles
Knowledge and Assets and liabilities management (ALM)
Ability to analyse financial data and prepare financial reports, statements, and projections
Analytical skills and an eye for detail and planning and organisational skills