Job Title: Head of Risk
Industry: Financial Services
Location: Ikoyi, Lagos
Work Style: Hybrid
Required Experience: 4-5 years minimum
Salary Budget: 400-500k Monthly Net Plus other Benefits (including performance-based bonuses)
Role Overview:
The role involves overseeing the risk management function within an organization. To effectively fulfill your responsibilities, you should possess a combination of skills, qualifications, and personal attributes. While specific requirements may vary depending on the industry and organization, here are some general requirements for the role:
- Education and Qualifications:
- A Bachelor’s or master’s degree in a relevant field such as finance, business administration, risk management, or a related discipline.
- Professional certifications in risk management, such as Certified Risk Manager (CRM), Financial Risk Manager (FRM), or Certified in Risk and Information Systems Control (CRISC), can be beneficial.
- Expertise and Experience:
- Extensive experience in risk management, preferably in a leadership position.
- A solid understanding of various types of risks, including operational, financial, strategic, and compliance risks.
- Familiarity with relevant risk management frameworks, methodologies, and best practices.
- Knowledge of regulatory requirements and industry standards pertaining to risk management.
- Strategic Thinking:
- The ability to think strategically and align risk management objectives with the organization’s overall goals and strategies.
- Developing and implementing a risk management framework and risk appetite statement that supports the organization’s risk tolerance.
- Risk Assessment and Mitigation:
- Proficiency in conducting risk assessments, identifying potential risks, and evaluating their potential impact on the organization.
- Developing and implementing risk mitigation strategies, controls, and action plans.
- Strong analytical skills to assess and quantify risks, as well as monitor and report on risk exposure.
- Communication and Leadership:
- Excellent communication skills to effectively articulate risk-related information to stakeholders, including senior management, board members, and employees.
- The ability to build strong relationships and collaborate with cross-functional teams to promote risk awareness and a risk-conscious culture.
- Leadership skills to lead and motivate a risk management team, ensuring the successful execution of risk management initiatives.
- Adaptability and Resilience:
- The capacity to adapt to changing business environments and evolving risk landscapes.
- Strong problem-solving skills and the ability to make informed decisions in high-pressure situations.
- Maintaining composure and resilience when faced with challenging risk-related issues.
Additionally, these requirements provide a general guideline, and it’s essential to tailor them to the specific needs of your organization and industry. Additionally, staying updated with emerging trends, technological advancements, and regulatory changes related to risk management is crucial for continued professional growth in this role.
Interested Candidates can send CVs to ikonzultslimited@gmail.com