Imperial Homes Mortgage Bank Limited Recruitment for Operational Risk Officer | Lagos | Apply Now

Imperial Homes Mortgage Bank Limited is a Mortgage Bank duly licensed by the Central Bank of Nigeria to undertake mortgage banking and related services. It was originally incorporated in 1992 as Citizens Savings and Loans Limited. But the name was changed in 1997 to New Patriot Building Society Limited. Guaranty Trust Bank plc acquired the company in August 2007 as a wholly-owned subsidiary and changed its name to GTHomes Limited to reflect its relationship with GTBank. Imperial Homes Mortgage Bank Limited then commenced operation in January 2008.

We are recruiting to fill the position below:

Job Title: Operational Risk Officer

Location: Lagos
Employment Type: Full-time

Job Purpose

• To support the identification, assessment, monitoring and reporting of operational risks across the Bank and ensure that identified risks are appropriately mitigated in line with the Bank’s Enterprise Risk Management Framework, risk appetite and approved policies.

Key Responsibilities
Operational Risk Management:

• Identify and assess operational risks arising from people, processes, systems and external events.
• Maintain and periodically update the Bank’s Operational Risk Register.
• Coordinate Risk and Control Self-Assessment (RCSA) exercises across business and support units.
• Assess inherent and residual operational risks and recommend appropriate mitigation measures.
• Monitor operational risk exposures against approved risk appetite and tolerance levels.
• Maintain the Bank’s Operational Risk Incident and Loss Database.
• Ensure operational incidents are appropriately recorded, classified and analysed.
• Conduct root-cause analysis of significant operational incidents and recurring control failures.
• Track corrective and preventive actions arising from operational incidents to closure.
• Highlight recurring incidents and emerging trends requiring management attention.
• support operational risk assessments for new products, processes, systems and significant changes.
• Support the assessment and monitoring of operational risks arising from third-party and outsourced activities.
• Monitor agreed mitigation actions relating to material change and third-party operational risks.
• Participate in Business Impact Analysis (BIA), Business Continuity and Disaster Recovery exercises.
• Monitor identified business continuity gaps and track remediation actions.
• Perform other risk management responsibilities as assigned

Risk Reporting:

• Prepare weekly operational risk reports, dashboards and trend analyses for Management and relevant Board/Management committees.
• Provide support to the operational risk inputs to the Bank’s quarterly and annual ERM reports.
• Monitor outstanding operational risk issues and provide appropriate escalation.
• Maintain adequate documentation and audit trails for operational risk activities.

Key Deliverables:

• Operational Risk Register.
• RCSA reports.
• Operational Risk Incident/Loss Database.
• Operational Risk KRI reports.
• Operational Risk Dashboard and Trend Analysis.
• Operational Risk Assessment Reports.
• Business Continuity/Resilience risk assessments.
• Operational Risk Remediation Tracker.
• Operational Risk inputs to Management and Board Risk Committee reports.

General Responsibilities:

• The Operational Risk Officer shall perform assigned responsibilities in accordance with the Bank’s Enterprise Risk Management Framework, risk appetite, policies, procedures and applicable regulatory requirements, and shall promptly escalate material operational risks, incidents and unresolved risk exposures to the Head, ERM.

Key Performance Indicators

• Timeliness and quality of operational risk reports.
• Completion rate of RCSA exercises within approved timelines.
• Timeliness of operational incident reporting and analysis.
• Percentage of operational risk action items closed within agreed timelines.
• Timeliness of KRI monitoring and escalation.
• Reduction in recurring operational incidents and unresolved operational risk issues.
• Quality and accuracy of operational risk data and reporting.

Qualifications and Experience

• Bachelor’s degree in Risk Management, Finance, Accounting, Economics, Business Administration, Banking, Statistics or a related discipline.
• Relevant professional qualification in Risk Management, Banking, Accounting, Audit or a related field is an advantage.
• Relevant experience in operational risk, enterprise risk management, internal control, audit, compliance or banking operations.
• Good knowledge of banking operations and risk management principles.
• Strong analytical, communication and report-writing skills.
• Good proficiency in Microsoft Office, particularly Excel and PowerPoint.

Core Competencies:

• Operational Risk Management
• Risk Identification and Assessment
• RCSA, KRI Monitoring
• Incident and Loss Analysis
• Root-Cause Analysis
• Risk Reporting & Data Analysis
• Problem Solving, Attention to Detail and Communication.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should forward their CV to: oluwafemi.awoyinfa@imperialmortgagebank.com using the Job Title as the subject of the email.