Head, Strategy and Risk Management at Infinity Trust Mortgage Bank Plc (ITMB)

Job Summary

• The Head of Risk has oversight of the risk management function to identify, measure, assess, and mitigate internal and external risks that may hinder the organization from achieving its strategic objectives.
• She/He will be responsible for providing hands-on development of risk models involving market, credit, and operational risk, ensuring controls are operating effectively, and providing research and analytical support as well as overseeing the communication of risk policies and processes for the organization.

Role and Responsibilities

• Long term capital raising activities, leveraging, Institutional Investors, Foreign/Local financiers, capital market etc.
• Administration of Enterprise Risk Management Framework for the Bank
• Liaise with Estate Valuers to conduct property valuation as a condition for loan appraisal
• Administration of credit searches on various credit bureau search engine.
• Routine Administration of NMRC Re-Financing Activities
• Conduct Estate Site Inspection, Monitoring and Assessment when Estate Construction loan is being disbursed
• Routine Risk Asset Appraisal for Branches
• Administration of Enterprise Risk Management Framework e.g Risk Register, Departmental Risk Tolerance, Document, Key Risk Indicators schedule etc
• Administration of Packaging NHF Loans at Federal Mortgage Bank from packaging to disbursement stage.
• Liaison with Federal Mortgage Bank (FMBN), Nigerian Mortgage Refinance Company (NMRC), Development Bank of Nigeria (DBN), Security Exchange Commission (SEC) and Registrar.
• Investor, shareholders Relation

 Qualification Professional Qualification Experience

• Bachelor’s Degree in Finance, Accounting, Economics, Business Administration or Legal (Master’s Degree is an additional advantage)
• Minimum of ten (10) years of verified professional experience in risk management with at least 4 years in managerial capacity in a PFA business.
• Local and international certifications in risk management, such as Certificate in Risk Management (CIRM), ACA. ACCA. CIMA etc.
• Significant experience in financial services particularly in the areas of risk management, internal audit, strategic planning and governance frameworks with at least 5 years’ hand- on experience.
• A background in banking, actuary or insurance is essential.
• Experience with credit risk guarantees/insurance and exposure to development issues is desirable.
• Ability to exercise and perform oversight functions over governance, risk, compliance and control arrangements in a complex financial operation.
• Proven ability to evaluate a number of risk types, ideally including credit risk, operational risk, market risk, liquidity risk, reputational risk, legal risk, compliance risk, AML risks, information security risk, concentration risk, investment risk, and strategic risk.
• Strong understanding of enterprise risk management concepts, frameworks to proactively identify risks inherent in business operations that can have negative strategic implications for the organization
• Strong knowledge of portfolio risk management techniques, e.g. key risk metrics for players in the financial markets, capital management, database management, risk analysis etc.
• Good analytical & problem-solving skills