Vacancy For Risk Analyst at ARM Life Plc, 7th September, 2018
ARM Life is the insurance subsidiary of Asset & Resource Management Company Ltd (ARM). Its parent company, ARM is one of the largest non-bank financial services firms in Nigeria with a focus on asset management. Established in 1994, ARM started operations as a traditional asset management company specialising in the management of quoted equities and fixed income securities.
We are recruiting to fill the position below:
Job Title: Risk Analyst
Location: Nigeria
Job Type: Full-Time
Job Summary
- Assisting in identifying, analyzing, managing and preventing risks in the Firm’s existing and new businesses, products, operating models and developing/enhancing controls to prevent risk.
- Assisting in managing enterprise-wide risks through the design and implementation of control frameworks and best practice policies and procedures.
Principal Duties and Responsibilities
- Ensure prompt reporting of risk exposures/positions and provide advice on possible resolution of critical issues.
- Prepare monthly asset and liability management reports and periodic ALCO related report and data analysis from time to time.
- Monitor credit risk exposures and provide periodic credit risk reports.
- Generate and disseminate market & investment risk position reports including compliance exception reports.
- Carry out operational risk management analysis and resolution, as may be required from time to time.
- Facilitate strategic risk assessment sessions with key business units and compile risk register and risk matrix for dissemination to attendees.
- Design and review risk policies and framework.
- Ensure smooth implementation of defined risk policies.
- Ensure continuous improvement to risk policies, procedures and methodologies.
- Engage in risk management training, workshops, town hall meetings and other form of risk awareness sessions for staff members.
- Prepare necessary risk disclosure reports, such as IFRS 7 reports, as well as other reports that might be required by key stakeholders from time to time.
- Prepare risk reports for individual risk areas as well as aggregated position for internal stakeholders, such as Senior Management and Unit Heads.
- Ensure the adequacy of existing internal controls and risk management frameworks through continuous identification, measurement and reporting of - Continuous identification of likely risk areas and recommending remedial actions to address such exposures.
- From time to time, work with the Internal Audit team to assess compliance of the business unit with corporate policies, internal procedures, and key regulations governing unit's activities.
- Review audit reports to identify risk areas across the organisation.
- Assist businesses in defining relevant business practices, both at the strategic and operational levels, that would assist businesses in carrying out their operations in a manner that supports them staying within defined risk appetite.
Other Requirements
- First degree in an analytical discipline, such as: Accounting, Finance or Engineering
- A relevant professional qualification (e.g. ACCA, ACA, CFA, FRM) and/or a Masters degree.
- Minimum of three years (3) relevant experience in the financial services sector or in a related role.
Required Competencies:
- Asset And Liability Management
- External Environment & Market Analysis
- Valuation Of Financial Assets
- Business Continuity Management
- Interviewing And Investigation
- Regulatory Compliance Management
- Proficiency In Excel
- Customer Relationship Management
- Risk Assessment
- Operational Risk ManagementStress Testing
- Financial Analysis
- Process Improvement
- Training Facilitation
- Ifrs Disclosure
- Credit Risk Management
- Business Writing and Communication
- Market & Investment Risk Management
- Financial Instruments Knowledge
- Financial Modelling & Risk Quantification
- Use Of Bloomberg Finanacial Data Base
- Data Gathering and Analysis
- Supervisory And Team Management
- Risk Control & Governance
- Information Security Management
- IT Governance Standards
- Managing Insurance Business Risk
- IT Audit /risk/control
- Portfolio Management
- Budget Planning & Control
- Business/ Operational Strategy
- IT Security Tools
How to Apply
Interested and qualified candidates should:
Click here to apply
Application Deadline 20th September, 2018.