Risk Management Officer at Crystal and Klairs Business Concept

The Company

Crystal and Klairs is a dynamic company based in Nigeria, focused on providing innovative skincare solutions that cater to diverse consumer needs. With a commitment to sustainability and ethical practices, the company offers high-quality products that enhance beauty while promoting health and wellness. By leveraging local resources and fostering community engagement, Crystal and Klairs aims to empower individuals through effective skincare education and accessible products, making it a leader in the Nigerian beauty industry.

Job Summary

The Risk Management Officer will play a key role in identifying, assessing, and mitigating risks across the institution. The ideal candidate will have a strong understanding of risk management principles, regulatory requirements, and banking operations in Nigeria.

Key Responsibilities:

 Risk Identification and Assessment:

 – Identify potential risks affecting the institution’s operations, assets, and reputation.

 – Conduct risk assessments and provide recommendations for mitigation.

Risk Management Framework:

 – Develop, implement, and maintain risk management policies and procedures.

 – Ensure compliance with CBN, NDIC, and other regulatory requirements.

Credit Risk Management:

 – Analyze credit applications and provide recommendations.

 – Monitor and report on credit portfolio performance.

Operational Risk Management:

 – Identify and assess operational risks.

 – Implement controls to mitigate operational risk exposure.

Market and Liquidity Risk Management:

 – Monitor market trends and liquidity positions.

 – Provide recommendations for risk mitigation.

Compliance and Regulatory Risk Management:

 – Ensure compliance with regulatory requirements.

 – Identify and report compliance risks.

Risk Reporting and Monitoring:

 – Prepare regular risk reports for management and the Board.

 – Monitor risk exposure and provide timely updates.

Training and Capacity Building:

 – Provide training on risk management principles and procedures.

 – Develop capacity-building programs for staff.

Requirements

– Bachelor’s degree in Finance, Accounting, Economics, or related field.

– Professional certification (e.g., CRMA, FRM, PRM, ACCA, ICAN).

– Minimum 3-5 years of experience in risk management, preferably in microfinance or banking in Nigeria.

– Strong knowledge of risk management principles, regulatory requirements (CBN, NDIC), and microfinance banking operations.

– Analytical and problem-solving skills.

– Excellent communication and reporting skills.

Desirable Qualifications

– Degree in Finance, Accounting, Economics, or related field.

– Experience with risk management software and tools.

– Familiarity with local and international regulatory frameworks.

Qualified Candidates should send CV with the job title as subject of mail.