HEAD, RISK MANAGEMENT AT BELLFORTE CONSULTING | RISK MANAGEMENT JOBS IN LAGOS

• The Head of Risk Management is responsible for establishing and overseeing the enterprise-wide risk management framework of the firm.
• The role ensures identification, measurement, monitoring, and mitigation of risks across investment portfolios and business operations, while ensuring compliance with Nigerian regulatory requirements and global best practices.

Key Responsibilities
Enterprise Risk Management (ERM) Framework:

• Develop and implement a comprehensive ERM framework aligned with regulatory expectations and international standards (e.g., ISO 31000)
• Establish risk appetite, tolerance levels, and risk policies
• Embed a strong risk culture across the organization

Investment Risk Oversight:

• Monitor risks associated with client portfolios, including:
  • Market risk (interest rate, equity, FX volatility)
  • Credit risk (issuer default, counterparty exposure)
  • Liquidity risk (especially in fixed income and alternative assets)
• Work closely with portfolio managers to ensure risk-adjusted returns
• Conduct stress testing and scenario analysis relevant to Nigeria’s economic conditions

Operational Risk Management:

• Identify and mitigate operational risks across processes, systems, and people
• Monitor key risk indicators (KRIs) and loss events
• Ensure robust internal controls across investment, trading, and client operations

Regulatory Compliance & Reporting:

• Ensure compliance with risk-related guidelines from:
  • Securities and Exchange Commission Nigeria
  • Central Bank of Nigeria
• Prepare and submit risk reports to regulators and senior management
• Support regulatory examinations and audits

Credit & Counterparty Risk Management:

• Evaluate creditworthiness of issuers (e.g., corporate bonds, commercial papers)
• Set and monitor counterparty exposure limits
• Conduct due diligence on investment opportunities

Liquidity & Market Risk Management:

• Monitor liquidity positions across portfolios
• Develop strategies to manage redemption pressures
• Assess macroeconomic risks including inflation, exchange rate volatility, and interest rate changes

Risk Analytics & Reporting:

• Develop dashboards and reporting tools for real-time risk monitoring
• Provide insights to management and the Board Risk Committee
• Track and report on risk exposures, breaches, and mitigation actions

Business Continuity & Crisis Management:

• Support development of Business Continuity Plans (BCP) and Disaster Recovery (DR) frameworks
• Lead risk response during financial or operational crises

Governance & Stakeholder Engagement:

• Advise senior management and the Board on risk issues
• Collaborate with Internal Audit, Compliance, and Investment teams
• Ensure independence of the risk management function

Team Leadership:

• Lead and develop the risk management team
• Build capacity in quantitative and qualitative risk analysis
• Promote a proactive risk-aware culture

• Bachelor’s degree in Finance, Economics, Mathematics, Statistics, or related field
• Master’s degree (MBA, Finance, Risk Management) – preferred

Professional Certifications (Highly Desirable):

• Financial Risk Manager (FRM)
• Professional Risk Manager (PRM)
• Chartered Financial Analyst (CFA)
• ACCA / ICAN (for strong financial control background)

Experience:

• 10–15+ years of experience in:
  • Risk management
  • Asset management
  • Investment banking or financial services
• At least 5 years in a senior or leadership role
• Strong experience in Nigerian financial markets and regulatory environment

Technical Competencies:

• Deep understanding of:
  • Fixed income securities (FGN bonds, treasury bills)
  • Equities market (via NGX)
  • Alternative investments
• Strong knowledge of:
  • Risk modeling and analytics (VaR, stress testing)
  • Portfolio risk management tools
  • Regulatory requirements of Securities and Exchange Commission Nigeria
• Understanding of:
  • Nigeria Data Protection Act (data risk implications)

Core Skills:

• Strong analytical and quantitative skills
• Strategic thinking and risk-based decision-making
• Excellent communication and reporting skills
• Stakeholder management and influence
• High attention to detail

Personal Attributes:

• High integrity and independence
• Strong judgment and objectivity
• Proactive and solution-oriented mindset
• Ability to operate under pressure