Compliance Officer
Workforce Group
Lagos, Lagos, Nigeria
17h ago

Job Description1. JOB DETAILS Title Risk and Compliance OfficerLocation LagosGrade Level Senior Banking Officer 2Reports to Head Risk 2.

JOB PURPOSE As a Risk and Compliance Officer, you will ensure that credit risk indicators and early warning signs of creditdelinquency are monitored proactively.

You are required to make recommendations for actions to be taken toameliorate the situation and ensure it is acted upon.

The position is expected to positively impact the Bank’sNPL ratio over a given time frame with the goal of minimizing bad loans.

3. KEY DUTIES & RESPONSIBILITIES Credit Risk Function : 1. Developing and communicating organizational policy and information about the risk management programto all staff2.

Develop, enhance, and implement appropriate risk management policy, procedures, and systems3. Evaluate all loans before disbursement and monitor daily loan portfolio report4.

Work with risk owners to ensure that the risk management processes are implemented in accordance with agreedrisk management policy, strategy, and line of defense5.

Review risks and risk ratings of each department and support each department in developing risk mapping6. As part of the credit committee of the Bank, participate in the review of creditworthiness and risksassociated with potential business transactions with appropriate tools and models, with a view to providingmitigants to identified risks7.

Support the commercial team in negotiating workout plans and strategies for delinquent customers8. Review and analyse the delinquent portfolio to identify key causal factors and lessons, makerecommendations to senior management for approval and track them to ensure adequate and timely closure9.

Follow-up and advise management regularly on the performance of exceptional loan files such asrestructured loans and group exposure (delinquent loans & unsecured loans10.

Be actively involved in refresher and inception training on lending organised by the HR Department11. Keep abreast with all government legislations and CBN policies / circulars that may affect operations andadvise management on it12.

Identify and limit the risk associated with the Bank’s operations (Operational risks)13. Assessment of business operation to mitigate possible risks14.

Perform operational risk identification and assessment in business units (departments)15. Implement strategic plan to prevent, eliminate and mitigate operational risks16.

Periodic compilation of Risk Assessment Report and presenting same to management17. Monthly preparation of Portfolio Quality Report (PQR).

Skillset Required : Proactive, Risk Assessment, Compliance, Auditing, Linq, Banking

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