H. Pierson: Head, Enterprise-wide Risk Management and Internal Audit

June 2, 2010 | Posted by admin | 301 views

H. Pierson recruits for Head, Enterprise-wide Risk Management and Internal Audit
Our client, based in Lagos is one of the foremost discount houses in the financial services industry.

As part of its on-going initiatives to remain a clear leader, it is seeking to recruit a Head, Enterprise-wide Risk Management and Internal Audit who will be responsible forthe implementation and monitoring of its Enterprise-wide Risk Management (ERM) Framework.
Job Title: Head, Enterprise-wide Risk Management and Internal Audit
Responsibilities
Reporting to the Board of Directors through the Managing Director, the successful candidate will be responsible for:
• Developing, implementing and reviewing risk management policies and processes
• Developing, implementing and reviewing risk based internal audit policies and processes
• Advising the board and management on the risk philosophy and appetite for the organization
• Monitoring and continuous development of the risk management framework in line with the business focus of the firm
• Establishing and maintaining an effective and efficient risk identification, evaluation and management system
• Ensuring risks are managed within the risk appetite set by the Board
• Developing clear lines of authority and responsibility for individual risk elements in line with Board approval
• Generating appropriate risk reports for departmental, management and board use
• Developing appropriate risk metrics and limits forthe organization
• Monitoring compliance with approved risk limits and guidelines for risk elements
• Organization-wide risk capital management and reportingto all stakeholders
• Monitoring and reporting on the implementation of recommendations and other matters that are of importance to the Audit Committee
• The selection of appropriate tools and techniques for effective risk management
• Supporting other initiatives for enhancing risk and control consciousness in the firm
Skills / Competencies
• Strong knowledge of ERM and RBIA
• Good understanding of the financial services industry, especially knowledge of discount house operations
• Sound Knowledge of Basel II and CBN Risk- Based Supervision
• Previous experience in Treasury Management of a financial institution
• Strong Organizational influence and excellent relationship management experience
• Excellent interpersonal, communication and presentation skills
• Strong analytical skills
• Knowledge of statistics
• Good appreciation of the capital market
Qualifications and Experience
• At least 12 years experience in a financial institution with about 4 years working experience in risk management and 2 Years in risk audit.
• A Good first degree in Economics, Accounting, Actuarial Science, Statistics or Finance
• Professional qualification such as ACA, ACCA, FRM, PRM, CFA is a major requirement
• Possession of a higher degree will be a major advantage
METHOD OF APPLICATION.
Interested candidates with the requisite qualification should forward their detailed resume and cover letter latest
Tuesday, 15th June, 2010 to [email protected]