Senior Risk Management Officer at Coronation Insurance Plc

About the Role

A dynamic team is expanding and looking for the right talent to join as Senior Risk Management Officer.

Key Duties and Responsibilities

• Define the company's risk management framework and establish guidelines for the development and implementation of supporting policies and procedures
• Incorporate risk considerations into strategic decision-making and ensure alignment between the strategic decisions of line management and the company's risk policy
• Work closely with departments to facilitate the implementation of the company's risk management framework, including the ongoing identification of risks, assessment of risks, definition of risk mitigation strategies, assignment of risk owners, monitoring and reporting on compliance with laid down policies and procedures on risk management
• Work collaboratively with risk owners and managers to develop risk mitigation responses in line with the agreed levels of risk tolerance
• Refine risk appetite and risk goals in accordance with risk management framework and process
• Monitor and review the company's risk management policies and procedures, methodology, frameworks and tools for continued relevance, and suggest amendments necessary to update them on an ongoing basis
• Promote awareness of operational risk issues in the company
• Develop financial risk management tools and practices to analyze and manage risks according to a financial risk management framework and relevant policies
• Conduct periodic (scheduled and unscheduled) compliance checks across the company's operations in accordance with the company's laid down policies and procedures
• Develop actionable roadmap based on leading practice risk frameworks to assess exposures and provide tailored risk management solutions in complex and unusual situations
• Develop, communicate and promote the integration and standardization of risk management processes across the organization
• Identify potential threats to the financial stability of the company

Location

Lagos, Nigeria