Head of Risk Management needed at Opticom Finance Limited

Job title : Head of Risk Management

Job Location : Lagos

Deadline : May 28, 2024

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  • Develop the risk management framework and related policies including the credit policy.
  • Manage all cross-enterprise risks including credit, market, and operational risks.
  • Manage credit concentration risks by recommending concentration limits at obligor and sector levels (where appropriate), and enforcing the limits.
  • Establish a mechanism for reporting excess/exceptions above approved limits.
  • Develop product papers and recommend risk acceptance criteria for different products and customer segments.
  • Ensure the timely review and analysis of credit requests from individuals and corporates.
  • Review credit memos and make recommendations to the approving authorities as appropriate.
  • Review and approve loan disbursement schedules.
  • Review offer letters and loan/lease agreements.
  • Ensure loan accounts are properly booked on the company’s Core Banking System.
  • Ensure credit files are complete and properly maintained in the file room.
  • Monitor the credit portfolio, provide periodic reports on past due obligations, and escalate deviations and covenant breaches to Executive Management as required.
  • Ensure all cross-enterprise risks are properly mitigated and controlled.
  • Perform any other duty as directed by the Managing Director.


  • Prior working experience in the Financial Services Industry is mandatory
  • Minimum of BSc. or HND degree in Accounting or any related discipline
  • MBA or M.Sc. in Accounting or any Finance related field would be an added advantage
  • Minimum of 10 years post-qualification experience
  • Excellent written and oral communication skills
  • Proven working experience as a Risk Management Professional
  • Technology savvy, and high level of proficiency in MS. Office (particularly MS. Excel)

How to Apply for this Offer

Eligible applicants should forward their resumes to career@opticomfinance.com alongside an application letter that provides a summary of their skills and experience, and why they consider themselves best suited for the advertised role.

  • Accounting / Financial Services  jobs
  • Head of Risk Management jobs