The Enterprise Risk Management Officer is responsible for supporting the Head Enterprise Risk Management in designing, implementing, and overseeing Hope Payment Service Bank Enterprise Risk Management framework to ensure effective identification, assessment, monitoring, management, and mitigation of risks across the Bank. The role provides strategic risk oversight, supports informed decision-making, and ensures alignment with the Bank's regulatory requirements and long-term business objectives.
- Contribute to the development, review, and maintenance of enterprise risk policies, frameworks, and procedures in line with CBN guidelines.
- Ensure full compliance with applicable CBN regulations, supervisory expectations, and risk management guidelines for Digital Banks.
- Coordinate periodic business monitoring and act as the primary liaison for enterprise risk matters by overseeing periodic Risk and Control Self-Assessments (RCSA) across all departments.
- Identify, assess, and aggregate risks across key risk categories, including Operational risk, Technology risk, Cyber risk, Compliance risk, Regulatory risk, Sustainability risk, Market risk, Liquidity risk, etc.
- Oversee the tracking and closure of regulatory and audit findings related to risk management.
- Support the Head Enterprise Risk Management in driving enterprise-wide risk awareness and training programs.
- Encourage proactive risk identification and transparent escalation across the organization.
- Deploy risk management tools such as Key Risk Indicators (KRI), loss data to track risk incidents, losses, near misses, and emerging risk trends.
- Ensure timely escalation of risk and its resolution in an appropriate manner.
- Maintain and continuously update the Bank's enterprise risk register.
- Prepare the bank's enterprise risk report for the Head of Enterprise Risk Management's review.
EDUCATION/PROFESSIONAL CERTIFICATIONS:
- Bachelor's degree in Risk Management, Accounting, Finance, or related field.
- Professional certifications such as FRM (Financial Risk Manager), PRM (Professional Risk Manager), CFA (Chartered Financial Analyst), ACA, or ACCA will be an added advantage.
SKILLS NECESSARY FOR JOB FUNCTION:
- Skilled in the CBN regulatory framework
- Strategic skills
- Analytical
- Problem-solving
- Excellent communication
- Presentation
- Stakeholder management abilities
- Ability to operate effectively in a fast-paced, technology-driven environment.
- Minimum of 2 - 5 years' experience in a Risk Management environment within the Banking and Financial Services sector.