Risk Management Officer Job at First Bank of Nigeria Limited

First Bank of Nigeria Limited (FirstBank) is Nigeria's largest financial services institution by total assets and gross earnings. With more than 10 million customer accounts, FirstBank has over 750 branches providing a comprehensive range of retail and corporate financial services. The Bank has international presence through its subsidiaries, FBN Bank (UK) Limited in London and Paris, FBNBank DRC, FBNBank Ghana, FBNBank Gambia, FBNBank Guinea, FBNBank Sierra-Leone and FBNBank Senegal, as well as its Representative Offices in Johannesburg, Beijing and Abu Dhabi.

We are recruiting to fill the position below:

Job Position: Risk Management Officer


Job Identification: 1371
Job Location: Lagos
Job Type: Full-time

Duties and Responsibilities

  • To be the source of reference within the Group/Dept. in facilitating and promoting the understanding of OR and compliance requirements.
  • Lead and support implementation of OR initiatives for the Group/Dept.
  • Proactively communicate with the GH/DH and BORM on operational risk issues.
  • Escalate significant events to GH/DH /BORM/Business Head as appropriate.
  • Coordinate and consolidate operational risks/issues and loss reporting of the group/dept. for the reporting to the BORG through the GH/DH and BORM. Ensure data accuracy and completeness.
  • Design and implement control measures and monitoring plans for compliance and operational risk management. 
  • Ensure effectiveness of controls for compliance monitoring and risk management.
  • Undertake and/or coordinate periodic business monitoring (self-assessment) activities within the Business Unit and escalate findings and or breaches to GH/DH and BORM, when they occur through the self-reporting tool.
  • Ensure risks and issues identified are resolved in an appropriate and timely manner.
  • Assist BORM in the implementation of OR framework or other relevant OR initiatives.
  • Identify gaps and conduct staff training on OR and compliance for all staff in group/dept.

Job Requirements

  • Educational Qualification: First Degree (or equivalent) in any discipline, entry level banking experience
  • Experience: 0 - 2 years of minimum experience working in assurance, compliance or related financial services area
  • Experience in the implementing and advisory on compliance programs.