{"id":491,"date":"2022-03-11T09:42:02","date_gmt":"2022-03-11T09:42:02","guid":{"rendered":"https:\/\/totalupstreamng.coop\/tender\/?p=491"},"modified":"2022-03-11T10:21:10","modified_gmt":"2022-03-11T10:21:10","slug":"job-application-form-risk-management-specialists","status":"publish","type":"post","link":"https:\/\/totalupstreamng.coop\/tender\/job-application-form-risk-management-specialists\/","title":{"rendered":"Job Application Form – Risk Management Specialist"},"content":{"rendered":"\n\n\n\n\n\n\n\n
Total E&P Staff Multipurpose Cooperative Society Limited<\/strong> \u00a0\u00a0<\/strong><\/td>\n<\/tr>\n
Title of Position:<\/strong><\/p>\n

Risk Management Specialist \u2013 Risk Management Department<\/td>\n

Location of the job<\/strong>: Nigeria, Lagos<\/td>\nReports To<\/strong>: Head, Risk Management<\/td>\n<\/tr>\n
Team Size:<\/strong><\/td>\n\u00a0<\/strong><\/td>\n\u00a0<\/strong><\/td>\n<\/tr>\n
Role Stake Holders<\/strong><\/td>\nInternal and External<\/td>\n<\/tr>\n
Mission\/Core Purpose of the Job:<\/strong><\/p>\n
    \n
  • To provide comfort on the figures for all the businesses run in the organization<\/li>\n
  • To monitor the exposures of the businesses to internal and external threats<\/li>\n
  • To review the systems continuously and ensure compliance with laws and policies<\/li>\n
  • To continuously review the policies, benchmarks, and limits of the organization to limit exposures.<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n
Specific Duties & Responsibilities: (<\/strong>Strategic)<\/strong><\/p>\n
    \n
  • Risk due diligence<\/li>\n
  • Operational policies and Business process reviews<\/li>\n
  • Credit Risk reviews<\/li>\n
  • Credit operations reviews, spot checks, non-financial transactions reviews, etc.<\/li>\n
  • Review and investigation of process exceptions and operational anomalies<\/li>\n
  • Review and monitoring of system operational controls, investigation, and correction of anomalies<\/li>\n
  • Responsible for assisting with the pro-active risk management of the portfolio and assisting the team in performing credit risk reporting and analytical tasks<\/li>\n
  • Responsible for undertaking credit risk analysis\/sector research and also for ensuring data accuracy of the portfolio.<\/li>\n
  • Performing financial analysis, financial modeling for the transactions, including scenario analysis and stress testing, and credit grading of the counterparties.<\/li>\n
  • Monitor compliance with credit risk and exposure management policies and guidelines and performance<\/li>\n
  • Assess Changes in Largest Exposures<\/li>\n
  • Review strategic credit positions and ensure that no relevant scenarios are missed in assessments<\/li>\n
  • Assess all loan requests to ensure compliance to both individual and organization limits<\/li>\n
  • Review if any changes need to be made in specific provisions<\/li>\n
  • Ensure the eligibility of the borrower based on the customer\u2019s existing debt or overdue loans\/ repayments<\/li>\n
  • Ensures that no savings withdrawal request is encumbered.<\/li>\n
  • For Mortgage Loans, censure from the Legal department that the mortgage papers have been verified original and authentic.<\/li>\n
  • Verify that the guarantors (where necessary) have the means to repay the loan in the event of default by the borrower.<\/li>\n<\/ul>\n

    Target Clients<\/strong><\/p>\n

    The target clients for this role include but are not limited to<\/p>\n

    \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 All existing Co-operators in the Cooperative,<\/p>\n

    \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Immediate family members of Co-operators<\/p>\n

    \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Eligible Co-operators within the system<\/p>\n

    \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 The staff of the Cooperative<\/p>\n

    \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 All businesses which the Cooperative is operating and hopes to operate<\/p>\n

    \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Cooperative Management Committee (CMC)<\/p>\n

    \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Contractors to the Cooperative<\/p>\n

    \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Auditors to the cooperative<\/p>\n

    Client engagement<\/strong><\/p>\n

    \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Presentation and soft skills tailored to engaging business owners<\/p>\n

    \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Communication and presentation skills<\/p>\n

    \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Negotiation and objection handling<\/p>\n

    \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Client training and advice on process improvement<\/p>\n

    \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Risk assessment and policy development<\/p>\n

    Knowledge & Skills Required<\/strong><\/p>\n

      \n
    • At least 3-5 years experience in internal control, audit, and\/or risk management in a financial institution<\/li>\n
    • Strong analytical skills with a demonstrated ability to extensively analyze business opportunities<\/li>\n
    • Strong business\/client engagement skills<\/li>\n
    • Experience developing business requirements<\/li>\n
    • Experience developing instructional and procedural documentation and presentations<\/li>\n
    • High level of competence with MS word, PowerPoint and Excel<\/li>\n
    • Excellent time management and organizational skills<\/li>\n
    • Capable of working independently and with minimum supervision<\/li>\n
    • Unquestioned personal integrity with strong ethics and values<\/li>\n
    • Showcase good analytical and evaluating skills<\/li>\n
    • Internal control, Credit, and operational risk skills<\/li>\n
    • Good human relations.<\/li>\n
    • Good experience in customer service.<\/li>\n
    • Good working knowledge of the bank\u2019s operating systems.<\/li>\n
    • Good communication and interpersonal skills.<\/li>\n
    • Good working knowledge of the Cooperative’s products and services.<\/li>\n
    • Good Microsoft skills.<\/li>\n<\/ul>\n

      Key Performance Indicators<\/strong><\/p>\n

      \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Improved customer experience<\/p>\n

      \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Proactive identification of control lapses<\/p>\n

      \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Fraud prevention and detection<\/p>\n

      \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Prompt identification of risks<\/p>\n

      \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Improved control environment<\/p>\n

      \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Advise the Business on Co-operators who exhibit high-risk policies and practices hence controlling and managing risk<\/p>\n

      Qualifications & Experience<\/strong><\/p>\n

      \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Bachelor\u2019s degree from a recognized university with a minimum of the second-class Lower division.<\/p>\n

      \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Minimum of 3 years cognate work experience from a reputable organization\/Institution<\/p>\n

      \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Experience in internal audit, credit risk, and operational risk management<\/p>\n

      \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Possession of any of ICAN, ACA, CIA, CISA, or any other related certification in the Risk (s) will be required<\/p>\n

      \u00b7\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Big 9 experience will be an added advantage<\/p>\n

      To Apply, Click on the below link to complete the application form:<\/p>\n

      Job Application Form – Risk Management Specialist<\/a><\/p><\/blockquote>\n