Head of Risk Management at Prosperis Holdings Company Limited

Job Summary

The Head of Risk Management is responsible for developing, implementing, and overseeing the enterprise-wide risk management framework for the organization and its subsidiaries. This role ensures the identification, assessment, mitigation, and monitoring of all risk exposures including market, credit, liquidity, operational, compliance, strategic, and reputational risks. The position plays a critical leadership role in safeguarding the organization's financial stability and strategic objectives while aligning risk practices with regulatory requirements and global best practices.

Essential Job Functions

Enterprise Risk Management (ERM)

• Develop and maintain the company's Enterprise Risk Management framework, policies, and risk appetite statement
• Lead periodic risk assessments across all business units and subsidiaries to identify emerging risks
• Ensure effective risk measurement, evaluation, and reporting in line with industry standards and regulatory guidelines

Market, Credit & Liquidity Risk Oversight

• Oversee the monitoring and management of market risks arising from trading activities, investment portfolios, and market volatility
• Establish robust credit risk assessment processes for counterparties and investment exposures
• Drive liquidity risk management strategies to maintain adequate liquidity buffers and financial resilience

Operational & Technology Risk

• Implement systems and controls to identify and mitigate operational risks, including process failures, system breakdowns, fraud, and third-party risks
• Oversee technology and cybersecurity risk frameworks, ensuring strong controls around data protection and system integrity

Regulatory Compliance & Governance

• Ensure full compliance with SEC, NSE/NGX, CBN (where applicable), FIRS, and other regulatory bodies governing capital market operations
• Interface with regulators on risk-related matters and lead regulatory engagement initiatives