Risk Identification and Assessment Officer

Job Summary

To effectively support the coordination of operational risk identification and assessment across the Bank.

Job Details

1. Identification, assessments and collation of operational risks across the bank
2. Review new processes and products to identify and assess associated risks
3. Coordinate Risk and Control Self-Assessments (RCSA) exercises
4. Conduct Risk and Control Self-Assessments (RCSA) workshops
5. Correlate identified risk scenarios to relevant business process to assist in identifying risk ownership
6. Create and maintain risk register to ensure all identified risk factors are accounted for
7. Collation of corrective actions and maintenance of the actions log
8. Analyse risk scenarios to determine their impact on business objectives
9. Monitoring of execution and closure of corrective actions
10. Review Service Level Agreements, Product Initiation, Documents, and Change Request Forms
11. Conduct operational risk management training to ensure that all stakeholders understand Operational Risk

Requirements

• Minimum 3 years of relevant experience in the Financial Services industry. 
• Knowledge of standards, frameworks, and leading practices related to risk identification and assessment
• Knowledge of use of Risk Identification tools
• Knowledge of risk assessment methodologies
• Knowledge of process review tools and techniques
• Knowledge of qualitative and quantitative risk evaluation methods
• Knowledge of business goals and objectives
• Knowledge of risk scenarios related to business processes and initiatives
• Knowledge of the elements of a risk register
• Knowledge of risk awareness training tools and techniques

About Company

Wema Bank

https://www.wemabank.com

Wema Bank is the pioneer of Africa’s first fully digital bank, ALAT, and one of Nigeria’s most resilient banks. With decades of experience in the business of banking, the Bank has remained innovative in delivering value to its stakeholders. The publicly quoted Nigerian company has successfully built a legacy of trust and resilience that has won it the loyalty of its customers. The Bank is constantly introducing products and services tailored to the needs of its customers at every stage of their lives. It is a proud partner to more than one million individuals, families and businesses across Nigeria, helping them to achieve their personal and financial goals.