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.