Financial Services

Operational Risk Analyst At Rand Merchant Bank

Rand Merchant Bank·Lagos, nigeria·Full Time·Internship
Financial ServicesFull TimeInternship
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Job Description

  • Risk and Compliance Department is responsible for the end-to-end management and oversight of all categories of risk and governance in RMB Nigeria.
  • The risk function within the entity is not only an oversight function but is expected to get involved in the day-to-day functional reporting and management processes insofar as there are no conflicts of interest. This creates the opportunity for broad based integration into the business.

Responsibilities

  • The successful candidate will primarily be focused on providing operational support to the ORM in ensuring the overall operational risk objectives are met. This will include:

KRIs:

  • Monitor entity-wide compliance in terms of capture and approvals by due dates and escalate gaps appropriately to the ORM
  • Monitor and ensure all KRI breaches have requisite action plans in place.
  • Support the ORM with organizing KRI setting or review sessions with businesses.

PRCIA:

  • Support the ORM with organizing PRICA setting or review sessions with businesses
  • Monitor PRICA review calendar and prompt both the ORM and Businesses for reviews coming due reporting.
  • Prepare operational risk reports as may be assigned by the ORM or CRO
  • Ensure items that needed to be loaded on open pages such as loss events and PRCIA are promptly updated.

Others:

  • Take on assignments as directed by the ORM or CRO
  • Participate in governance meetings for OpRisk
  • Log all operational risk incidents on OpenPages
  • Ensure all OpRisk event logs are reviewed and approved within stipulated timeframes
  • Provide general administrative support in all OpRisk departmental activities

Qualifications and Experience

  • Candidates should have a relevant graduate degree and at least 2-5 years of work experience preferably having worked as an entry-level professional in investment banking, accounting, audit, management consulting, or related fields, and who is interested in working in a small team environment with a high degree of client contact.
  • Experience in MS-Excel financial modeling, including detailed income statement forecasting and scenario analysis, capital structure modeling and M&A modeling.

Competencies:

  • Personal
  • Analysis and Attention to Detail
  • Verbal and Written Communication
  • Problem Solving
  • Self-motivated to take on multiple tasks

Business:

  • Business Acumen
  • Organisational Awareness
  • Anticipating and Managing Change
  • Presentation and Facilitation

Functional:

  • Understanding of Operational Risk Management
  • Team player
  • Strong attention to details

Human Relations Profile:

  • Strong Character & integrity are paramount.
  • Self-confidence, with a pleasant personality
  • Well organized/good time management capabilities/disciplined/detail oriented
  • Self-starter able to work with minimal supervision.
  • Strong work ethic and ability to operate in a fast-growing environment
  • Flexible when necessary and ability to work effectively under pressure

Key skills

BA/BSc/HND

At a glance

Company

Rand Merchant Bank

Location

Lagos, nigeria

Employment

Full Time

Experience

Valid until

Not specified

Created

September 18, 2026