Job Description
1. JOB DETAILS
Title Risk and Compliance Officer
Location Lagos
Grade Level Senior Banking Officer 2
Reports to Head Risk
2. JOB PURPOSE
As a Risk and Compliance Officer, you will ensure that credit risk indicators and early warning signs of credit
delinquency are monitored proactively. You are required to make recommendations for actions to be taken to
ameliorate the situation and ensure it is acted upon. The position is expected to positively impact the Bank’s
NPL ratio over a given time frame with the goal of minimizing bad loans.
3. KEY DUTIES & RESPONSIBILITIES
Credit Risk Function:
1. Developing and communicating organizational policy and information about the risk management program
to all staff
2. Develop, enhance, and implement appropriate risk management policy, procedures, and systems
3. Evaluate all loans before disbursement and monitor daily loan portfolio report
4. Work with risk owners to ensure that the risk management processes are implemented in accordance with agreed
risk management policy, strategy, and line of defense
5. Review risks and risk ratings of each department and support each department in developing risk mapping
6. As part of the credit committee of the Bank, participate in the review of creditworthiness and risks
associated with potential business transactions with appropriate tools and models, with a view to providing
mitigants to identified risks
7. Support the commercial team in negotiating workout plans and strategies for delinquent customers
8. Review and analyse the delinquent portfolio to identify key causal factors and lessons, make
recommendations to senior management for approval and track them to ensure adequate and timely closure
9. Follow-up and advise management regularly on the performance of exceptional loan files such as
restructured loans and group exposure (delinquent loans & unsecured loans
10. Be actively involved in refresher and inception training on lending organised by the HR Department
11. Keep abreast with all government legislations and CBN policies/circulars that may affect operations and
advise management on it
12. Identify and limit the risk associated with the Bank’s operations (Operational risks)
13. Assessment of business operation to mitigate possible risks
14. Perform operational risk identification and assessment in business units (departments)
15. Implement strategic plan to prevent, eliminate and mitigate operational risks
16. Periodic compilation of Risk Assessment Report and presenting same to management
17. Monthly preparation of Portfolio Quality Report (PQR)
At Workforce Group, we go beyond narrowly defined client issues, beyond conventional wisdom, beyond the expected, to create opportunities for our clients, candidates, colleagues, collaborators, and community. Through a network of diversified but highly complementary lines of businesses we have helped some of the most important and exciting organisations on the continent find the critical talent, access cutting edge advice and get innovative support they require to grow in a challenging market. We support businesses and organisations of varying size, structure and maturity across diverse sectors such as Technology, Telecoms, Oil & Gas, Financial Services, Third Sector, FMCG etc. to enhance business performance, optimise for growth and achieve exceptional results.