ENTERPRISE RISK MANAGEMENT OFFICER AT SOVEREIGN FINANCE LIMITED | RISK MANAGEMENT JOBS IN LAGOS

About Company:

Sovereign Finance Limited is a leading financial services provider with a prime desire to promote trailblazing Financial & Investment solutions to customers in different sectors of the Nigerian economy. Our priority is to create opportunities for our clients to save accumulated capital and build sustainable wealth. The company is founded by a team of savvy finance & investment specialist with evidence of track record of exceptional performance, superb integrity, and innovation. The company is at the center of financial innovation propelled by technological prowess and is at a position of pre-eminence in the Nigeria financial Industry.

Job Description:

We are seeking an analytically rigorous, highly ethical, and detail-oriented Enterprise Risk Management (ERM) Officer to join our control and risk governance team. In this role, you will be directly responsible for identifying, assessing, monitoring, and mitigating operational, financial, and credit risks across all units of the bank. You will act as a vital safeguard, converting complex transaction data into clear risk dashboards and ensuring that our daily operations strictly align with internal risk tolerances and apex regulatory standards.

The ideal candidate brings strong internal control experience from the retail banking or microfinance sector, with an eagle eye for operational exceptions and anomalies.

Requirements:

Risk Assessment, Monitoring & Core Controls

• Exposure Mitigation: Continually assess the bank's operational, credit, and financial risk surfaces; design and recommend robust, proactive mitigation frameworks.

• Daily Transaction Auditing: Conduct daily transaction checks, review general ledger (GL) postings, monitor banking operations, and perform meticulous post-disbursement loan reviews.

• Transaction Call-Over: Execute regular transaction call-overs, quality control validations, and field activity tracking for credit/loan officers.

• Exception Investigation: Analyze, flag, and escalate findings emerging from customer complaints (via Operations or Customer Experience), supporting root-cause investigations in collaboration with the Unit Head.

Compliance, Reporting & Framework Support

• Executive Dashboards: Create, analyze, and distribute data-driven risk reports and control dashboards for senior management review and internal audit alignment.

• Issue Remediation: Systematically track outstanding compliance issues, CBN/NDIC audit observations, and internal control gaps, ensuring timely remediation and formal closure.

• Stress Testing & ERM Evolution: Support the continuous updates and documentation of the bank's ERM framework; actively participate in periodic stress testing and institutional risk mapping.

Qualifications and Skills:

Education & Experience

• Degree: Bachelor’s degree in Finance, Risk Management, Accounting, Economics, or a related quantitative discipline.

• Track Record: 3 to 4 years of solid, hands-on experience in risk management, compliance, or internal control—strictly preferred within a microfinance bank (MFB) or retail banking environment.

Technical Competencies & Regulatory Matrix

• Framework Fluency: Practical familiarity with modern microfinance risk architectures, such as the Risk Management Graduation Model (RMGM).

• Regulatory Compliance: Strong working knowledge of Central Bank of Nigeria (CBN) guidelines, NDIC requirements, and prudential ratios for microfinance institutions.

• Systems Matrix: High proficiency in risk reporting, operational tracking tools, automated exception reporting systems, and advanced Excel.

Salary

Application Closing Date: Not specified

Application Instructions:

Intrested and qualified candidates should send their CV to: careers@sovereignfinanceltd.com using the Job Position as the subject of the email.