HEAD OF RISK MANAGEMENT AT OPTICOM FINANCE

About Company:

Opticom Finance Limited is a Non-Bank Financial Company operating since 1998. We are licensed and permitted by the Central Bank of Nigeria to offer a wide range of financial products and services. Don't Buy It, Lease It.

Job Description:

The Head of Risk Management will be responsible for designing, implementing, and overseeing the firm's entire Risk Management Framework (RMF), with a focus on:

• Strategic Oversight: Establishing the institution's risk appetite, policies, and limits across all business units in line with Board directives and regulatory requirements (CBN).
• Credit Risk Management: Leading the assessment, monitoring, and mitigation of credit exposure within the loan portfolio, including setting underwriting standards, developing stress testing models, and managing loan loss provisioning.
• Liquidity and Market Risk: Monitoring funding sources, managing liquidity gaps, and evaluating exposure to interest rate and currency fluctuations inherent in the NBFI operating model.
• Operational and Technology Risk: Identifying, assessing, and mitigating risks arising from internal processes, human error, system failures, and cybersecurity threats, crucial for our operations.
• Regulatory Compliance: Serving as the central point of contact for risk-related regulatory matters, ensuring timely reporting and strict adherence to all CBN and statutory guidelines.
• Reporting & Governance: Preparing and presenting comprehensive risk reports to the Board Risk Committee and Executive Management, detailing key risk exposures and mitigation actions.

Requirements:

• Qualifications: A Bachelor’s Degree in Finance, Economics, Quantitative Analysis, or a related field. An MBA or Master’s degree is advantageous.
• Professional Certification: Possession of relevant certification such as FRM (Financial Risk Manager), PRM, CFA, or a recognized local professional risk qualification is highly desirable.
• Experience: Minimum of 10 - 14 years of professional experience in risk management, compliance, or credit analysis within the Financial Services sector.
• Sector Expertise (Essential): At least 3 years must have been spent in a senior or leadership capacity within a Non-Bank Financial Institution (NBFI), Microfinance Bank, Finance House, or Fintech lending platform in Nigeria.
• Leadership & Communication: Proven ability to lead, influence executive decisions, and communicate complex risk concepts clearly.

Salary

Application Closing Date: Not specified

Application Instructions:

Interested and qualified candidates should send their CV and a cover letter detailing their specific experience in managing risk within a Non-Bank Financial Institution to: career@opticomfinance.com using the Job Title as the subject of the mail.