Job Summary

The Chief Risk Officer (CRO) is responsible for leading the organization’s risk management strategy, ensuring effective identification, assessment, and mitigation of financial, operational, regulatory, and strategic risks. This role plays a critical part in upholding governance standards, promoting risk-aware culture, and aligning risk frameworks with regulatory expectations and corporate objectives.

Responsibilities

Key Responsibilities:

• Implement and enhance the Enterprise Risk Management (ERM) Framework in compliance with SEC and NGX regulations.

• Conduct Risk and Control Self-Assessments (RCSA), Internal Capital Adequacy Assessment Processes (ICAAP), and scenario-based stress testing (e.g., dividend payments, proxy voting).

• Oversee external credit rating processes and develop robust risk rating methodologies.

• Ensure compliance with IT security policies, data protocols, and registrar service-level agreements (SLAs).

• Enforce internal control measures for corporate actions including IPOs, bonus issues, and rights offerings.

• Review general ledger accounts, reconciliations, and fixed asset registers to detect fraud or discrepancies.

• Coordinate regulatory filings and address audit issues with regulatory bodies such as the SEC and CBN.

• Present quarterly risk reports to the Board Audit Committee, driving a culture of proactive risk management.

• Lead risk automation initiatives, including automation of reinsurance dividend processes to enhance efficiency.

Requirement and Skills

Qualifications & Requirements:

• Experience:

  • Minimum of 10 years’ experience in risk management or internal control, with at least 5 years in capital markets or registrar operations.

• Education:

  • Bachelor's or Master’s degree in Accounting, Finance, or a related discipline.

• Certifications (Mandatory):

  • ACA, ACCA, CIA, or CISA

  • FRM or CRM

• Skills & Knowledge:

  • Deep understanding of COSO, ERM frameworks, SEC/NGX regulations, and registrar functions.

  • Strong leadership and stakeholder management skills.

  • Ability to execute strategic risk initiatives and lead cross-functional teams effectively.

Application Deadline: 30th Jun, 2025

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