Enterprise Risk Management Officer At Bosak Microfinance Bank Limited

Responsibilities

• Identify operational, financial, credit, compliance, strategic, and reputational risks within the organization.
• Conduct periodic risk assessments and prepare risk reports for management review.
• Monitor risk indicators and recommend corrective actions where necessary.
• Develop and implement enterprise risk management policies, procedures, and frameworks.
• Ensure compliance with regulatory guidelines and internal policies.
• Carry out control testing and risk monitoring activities across departments.
• Review business processes and recommend improvements to minimize exposure to risk.
• Support business units in identifying and managing operational risks.
• Prepare monthly, quarterly, and annual risk management reports.
• Investigate risk incidents, losses, and policy breaches, and recommend preventive measures.
• Coordinate risk awareness training and sensitization for staff.
• Liaise with Internal Audit, Compliance, and regulatory bodies during examinations and audits.
• Monitor implementation of risk mitigation action plans.
• Maintain the organization's risk register and update emerging risks regularly.

Qualifications & Requirements

• Bachelor's Degree in Accounting, Finance, Economics, Business Administration, or related discipline.
• Professional certifications such as:
• Chartered Risk Management Professional (CRMP)
• Certified Risk Manager (CRM)
• ACA, ACCA, CFA, or related certifications will be an added advantage.
• Must have 2 - 5 years relevant experience in risk management, internal control, audit, or compliance.
• Knowledge of risk management principles and regulatory requirements in Nigeria.
• Strong analytical and report-writing skills.
• Proficiency in Microsoft Office Suite, especially Excel and PowerPoint.
• Good communication and interpersonal skills.
• High level of integrity and attention to detail.

Key Competencies:

• Risk Identification & Assessment
• Analytical Thinking
• Regulatory Compliance
• Attention to Detail
• Problem Solving
• Report Writing
• Communication Skills
• Decision Making
• Integrity & Confidentiality

Working Conditions:

• Office-based role with occasional field visits or branch monitoring assignments.
• May require extended working hours during audits, inspections, or reporting periods.

Why Work with Bosak Microfinance Bank Limited?

• If you desire to work in an organization where employee motivation is key and passion is rewarded, then Bosak MFB might be the place for you.
• We are committed to building an open and rewarding work environment where all employees have equal opportunities for growth to realize their full potential.
• Our remuneration and employee welfare packages are among the best in the industry.
• Depending on industry and experience: 300,000 - 400,000

What We Offer

We offer the following Benefits:

• Salary: N100,000 - N140,000 Monthly.
• HMO
• Constant Training and Development
• Leave & Passage Allowance
• 13th Month.