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Head, Operational Risk At Dangote Industries Limited

Date Posted: 23/Jan/2014
Deadline: Not Specified
  • Specialization Admin / Finance
  • Industry
  • Experience 0 year(s)
  • Location Nigeria

Job description
Resposible for the management of Operational Risks across the group: loss arising from failed or inadequate internal processes, systems, people and external events with the sole objective to reduce operational risk to bearest minimum within the group’s risk profile and in aligment with the corporate strategy.

Establish the group’s company operational risk framework and provide independent oversight ensuring compliance with the requirements of the framework, related Policy(s) and guidance documents.
Define Operational Risk Appetite explicitly or implicitly to communicate what level of risk is acceptable to each business line
Support business units, control and support functions in the identification of operational risk issues as well as designing controls to mitigate them
Define operational limit and appetite for the group (policy development)
Develop standard methodologies to conduct risk assessments across the group; mitigate identified control weaknesses through the creation of appropriate action plans
Develop appropriate Key Risk and Control Indicators for Business Units; subsequently monitor and reporting of KRIs to proactively identify exposures or control weaknesses
Promote awareness of operational risk issues group wide
Ensure identification, aggregation and monitoring of operational loss events
Ensure the effective implementation of group’s operational risk management framework
Desired Skills and Experience
Minimum Education: First Degree preferably in a Finance or an engineering/numerate related
discipline; higher degrees /MBA/professional certifications compulsory

Deep Knowledge of creating and executing policies and procedures.
Up to date Risk management practices and industry knowledge
Process analysis: Core Business Processes and Interpersonal skills
Strong ability to develop relationships with peers in business unit and central Risk and Governance teams
IT and Computer appreciation
Excellent written and Communication skills (written and oral)
Must be self solution driven, proactive and have acceptable knowledge of the business environment
Attention to detail
Reasoning and Analytical Skills
Supervisory skills

Method of Application

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