Process risk Manager at Dangote Group in Lagos

Position Overview

Help the Group Chief of Process risk Management with embedding a best-in-class risk mitigation strategy culture inside the company. Engage in the proper execution within the organization’s Business & Market risk mitigation strategy frameworks comprising its rules, standardized processes and resources, in line with industry standard.​

Work tasks

• Collaborate with the Group Chief, Process risk Management in making sure that losses arising from was unsuccessful or inadequate internal workflows, operational structures, people and external events fall inside the Group's risk appetite and is in alignment with the company’s corporate plan.​
• Ensures prompt finalization and rendition of Risk & Regulate Self Evaluations (RCSAs), and Key Risk Indicators (KRIs).​
• Executes root cause evaluation on recognized risk events and endorses regulates to be executed to prevent these risk events from re-occurring in future or to reduce the effect of the risk should the event be a critical business process. ​
• Track the Business Unit's threat level closely to guarantee process effectiveness, anticipated sales and proper redress of limiting factors.​
• Participate Management Board sessions and show or discuss key risks recognized that require instant redress or consciousness of Top level Management when allocated.​
• Supervising/evaluation of applicable market factors and ongoing practices in the economy and analyzing the likely impact on the Group’s role. ​
• Calculate the Group's FX net vacant role. ​
• Estimate possibility FX losses using Value-vulnerable (VaR)​
• Execute sensitivity evaluation of the Bond project sample to defined modifications in interest rate using Duration/Convexity. ​
• Measure liquidity risk using Performance assessment and Liquidity ratios.​
• Strategic Risk supervising on concerns which includes risks emanating from business oversight concerns, plan formulation and execution, Pricing pressure and contest concerns, Mergers and Purchases, Business promotion / sales concerns and likely exposures from Systemic risks from macro-economic practices that might effect business.​
• Customize ERM Polices and SOPs to match with business dynamics and compliance-related landscape.

Key Qualifications

• Higher national diploma / Bsc in a Commercial Course, Economics Accounting or Engineering​
• Masters’ academic qualification in a applicable field of study or applicable specialist certification would be a plus.​
• At least 5 years or more in Risk mitigation strategy (Process and market risk) either in production operations or financial solutions.​