Chief Risk Officer Job at Fina Trust Microfinance Bank

Fina Trust Microfinance Bank, a member of LOLC Group with corporate Head Office in Colombo - Sri Lanka, is one of Nigeria’s foremost Microfinance Banks. Its operating license was secured from the Central Bank of Nigeria (CBN) in September 2009 as a Microfinance Bank. Fina Trust Microfinance Bank has built a resounding success on excellent service delivery in a uniquely customer friendly environment through professional staff, leveraging on world-class technology. A continuous investment in information technology and in people sets the bank apart from others.

We are recruiting to fill the position below:

Job Position: Chief Risk Officer
Job Location: Ikeja, Lagos
Employment Type: Full-time
Reporting to: MD / CEO

Summary

• Generally, the CRO will be responsible for the company's risk management operations, including oversight of its risk identification and mitigation activities all aspect of risk (Operational, Enterprise and Credit risk).
• He/she will establish an integrated Risk Management framework for all aspects of risks across the Bank; develop risk management policies, including the qualification of the Bank’s risks appetite through specific risk limits.

Responsibilities

• Appraising and analyzing all loans requests with aim of protecting the Bank’s risk assets while ensuring that the loans appraised are in line with the Bank’s credit policy.
• Ensure the achievement of stated turnaround times for loan review, analysis, appraisal on daily basis.
• Ensure all required data/information are correctly entered and considered for credit decision-making to ensure maximum usability
• Reconcile all basis of recommendation of loan on cash flow/capacity.
• Ensure PAR of the allocated branches’ portfolio is not more than 5%.
• Supervision of the work on credit risk policies, rules and methodologies.
• Ensure effective management and resolution of conflicts, build participation processes that can accommodate requests at short notice in order to derive the maximum mileage for the organization in a rapidly changing/dynamic environment.
• Attend to customer’s request both physically and in proxy in a friendly and welcoming manner to gain repeated business.
• Ensure provision of timely report on all credit related report, conducting credit check on loan customers.
• Monitoring of credit risk development and quality at portfolio level, proposes measures for improvement, prepares credit risk report.
• Ensure operational and service excellence in the FTM Bank branch network.
• Participate in managerial and departmental decision-making which would result in adding value to the organization as a whole.
• Safeguard the confidentiality of all information pertaining to the FTM Bank obtained externally or internally during the course of employment and refrain from disclosing same to any third party
• Create and facilitate co-operation and effective two-way communication among all stakeholders, including employees and constituents to create win-win results.

Qualifications
Education and Experience:

• Bachelor's or Master's Degree in Finance or related field required.
• 6 - 10 years of related experience in credit risk preferred
• Microfinance experience is an added advantage.
• Professional certification is an added advantage
• Working knowledge of data analysis software.

Salary
N800,000 - N1,500,000 monthly. 

Method of Application
Interested and qualified candidates should send in their Resume to: fmaidugu@finatrustmfbank.com using the Job Position as the subject of the email.