Wema Bank Plc Recruitment for Risk Identification and Assessment Officer


Wema Bank Plc – Widely reputed as the longest surviving and most resilient indigenous bank in Nigeria, Wema Bank Plc has over the years, diligently offered a fully-fledged range of value-adding banking and financial advisory services to the Nigerian public.

We are recruiting to fill the position below:

Job Title: Risk Identification and Assessment Officer

Location: Lagos
Job Type: Full Time
Specialization(s): Banking / Finance / Insurance

Job Summary

  • To effectively support the coordination of operational risk identification and assessment across the Bank.

Job Description

  • Identification, assessments, and collation of operational risks across the bank
  • Create and maintain a risk register to ensure all identified risk factors are accounted for
  • Collation of corrective actions and maintenance of the actions log
  • Analyze risk scenarios to determine their impact on business objectives
  • Monitoring of execution and closure of corrective actions
  • Review Service Level Agreements, Product Initiation, Documents, and Change Request Forms
  • Review new processes and products to identify and assess associated risks
  • Coordinate Risk and Control Self-Assessments (RCSA) exercises
  • Conduct Risk and Control Self-Assessments (RCSA) workshops
  • Correlate identified risk scenarios to relevant business process to assist in identifying risk ownership
  • Conduct operational risk management training to ensure that all stakeholders understand Operational Risk

Job Experience

  • Minimum 3 years of relevant experience in the Financial Services industry.
  • Knowledge of standards, frameworks, and leading practices related to risk identification and assessment
  • Knowledge of use of Risk Identification tools
  • Knowledge of risk assessment methodologies
  • Knowledge of process review tools and techniques
  • Knowledge of qualitative and quantitative risk evaluation methods
  • Knowledge of business goals and objectives
  • Knowledge of risk scenarios related to business processes and initiatives
  • Knowledge of the elements of a risk register
  • Knowledge of risk awareness training tools and techniques

Deadline: 30th June, 2021.

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