Central Bank of Nigeria - Operational Risk Specialist

Role:	Operational Risk Specialist
Department:	Banking Supervision Department
Objective:	Monitor adherence to operational risk management policies and ensure institutions’ are adequately protected against operational risks.
Job Responsibilities:	Assess bank operational risk management policies and systems Review bank operational risk management practices to confirm compliance with articulated operational risk management policies and procedures Develop and execute a comprehensive supervisory program covering operational risk management systems and practices of banks Formulate industry standard models for operational risk measurement and control Ensure a consistent approach to identification and grading of operational risks Provide advice on interpretation and implementation of global financial industry market risk management guidelines and standards including local implementation of Basel II and III Analyse, monitor and assess industry trend in operational risk incidences and response by banks. Contribute to the development of infrastructure and processes to effectively and efficiently share information about operational risk factors and incidences industry wide Review bank reports on identification, assessment, monitoring and resolution of operational risk and impact on the bank. Establish industry data base on operational loss data and define data collection and sharing processes to ensure completeness and robust industry database Develop and implement a risk and control indicator reporting dashboard and industry wide reporting of operational loss data Liaise with the financial services industry and industry groups to promote operational risk management standards and compliance Participate in financial services industry and industry groups knowledge sharing on operational risk management standards and compliance
Qualification:	First degree/HND in Economics, Mathematics, Quantitative Methods, Statistics, Finance or related disciplines A post graduate degree is an added advantage Membership of the following professional bodies is an added advantage: Risk Management Association (RMA), Institute of Credit and Risk Management (ICRM) Possession of the following certifications is an added advantage: Advanced Credit Administrative Program (ACAP), Credit Risk Certification (CRC); Financial Risk Management (FRM)
Experience:	Senior Manager: Minimum of 8 years relevant experience in risk management. At least 3 years must have been spent in a management position Manager: Minimum of 6 years relevant experience in risk management Not more than 50 years old
Vacancy Post Date:	Wednesday 21 March 2012      Apply Now
Vacancy Expires On:	Wednesday 02 May 2012