Job Vacancies in a Development Finance Institution – PwC

PricewaterhouseCooper (PwC) Nigeria – Our client is a development finance institution involved in providing short and medium-term loans, risk bearing services as well as trade and market information and export advisory services to the Nigerian export community.

They are recruiting to fill the position below:

Job Title: Head, Risk Management

Reference Number: 130-PEO01183
Location: Lagos
Department: People & Change Nigeria
Job type: Permanent

Roles & Responsibilities
The role holder will:

• Manage the design and implementation of policies and procedures to effectively identify, mitigate and monitor principal business risks arising from the Bank’s business direction and strategic environment.
• Ensure proper assessment / review and effective monitoring of credit facilities to maximise performance and minimise customer default.
• Define the Bank’s risk management strategy, enterprise risk management framework and establish guidelines for the development and implementation of supporting policies and procedures.
• Oversee the implementation of the enterprise risk management framework and policies.
• Coordinate the articulation and implementation of bank-wide credit strategies/policies and manage bank-wide credit portfolio.
• Maintain regular updates on trends and advances in global risk management and ensure the knowledge and relevant information is communicated to business managers within and outside the department.
• Continuously review / assess the risks facing the Bank in order to proactively establish appropriate mitigating controls and monitoring mechanism / frameworks.
• Recommend amendments to framework and policies and champion the implementation of approved amendments.
• Ensure prompt reporting of risk positions and provide advice on possible resolutions of critical issues.
• Coordinate reviews of prospective clients, analyse credit risks on an industry, client and transaction basis to reduce the Bank’s overall credit exposure.
• Ensure the Bank’s risk assets are properly classified, recorded, monitored and are backed by appropriately valued collateral / securities.
• Coordinate the design and development of control frameworks for the Bank’s processes and systems.
• Oversee the standardization of control processes and practices, as well as application of relevant control tools and techniques within the Bank.
• Ensure overall process compliance with established policies and controls as well as regulatory / statutory stipulations and guidelines.
• Provide input and be proactively involved in the development of the business continuity plan.
• Continually review and assess the effectiveness and efficiency of the department’s policies, procedures and processes and identify improvement opportunities.
• Coordinate the preparation of the department’s annual budget and monitor its implementation.
• Review and authorize key expenditures and transactions in line with the approved budget and authority limit
• Review departmental performance and conduct performance appraisal of unit heads.
• Prepare and submit monthly activity and performance reports to the MD / CEO
• Perform any other duties as may be assigned by the MD / CEO.

Requirements

• First degree in or its equivalent in Finance, Accounting, Banking or other finance related discipline.
• Professional accounting certification, (e.g ACA, ACCA) or other relevant higher business degrees.
• Minimum of eighteen (18) years cognate experience with at least four (4) years risk management experience at the managerial level.
• Proven experience in Enterprise Risk Management, including sound knowledge of contemporary banking regulations and standards, such as Basle Accord, Sustainability Banking as well as Governance, Risk and Compliance (GRC) and their application in achieving the objectives of the Bank.
• Excellent verbal ad written communication skills and ability to make presentations to Management / Board and other stakeholders as may be required.
• Significant understanding of the operations of an Export Credit Agency
• Demonstrated leadership capabilities, including ability to organize and manage human resources to attain goals.
• Willingness to work extra hours where required in order to achieve the Bank’s objectives.
• General understanding of the objectives and purpose of a development finance institution

How to Apply
Interested and qualified candidates should:
Click here to apply online

Job Title: Chief Executive Officer

Reference Number: 130-PEO01182
Location: Lagos
Department: People & Change Nigeria
Job type: Permanent

The Company
The Trust Fund was set up as a partnership between the Lagos State Government and the  private sector to ensure the restoration and possible expansion of the infrastructure and assets within the state. The fund will be devoted mainly to receive and disburse money for the rebuilding, reconstruction and overall restoration of the State’s assets.

Job Objectives

• The job holder will support the Chairman and the Board in the implementation of the Trust Fund’s mandate. The mandate is to organize, mobilize and harmonize support and efforts for the rehabilitation, reconstruction and expansion of critical infrastructure and other public assets.

Roles & Responsibilities

• Establish and oversee the Board Secretariat
• Lead the implementation of strategies, policies, plans and programmes that are consistent with the objectives of the Trust Fund, priorities of the Board of Trustees, and all other organisational needs as may be identified from time to time
• Lead the development of strategic and collaborative relationships between the donors, the Lagos State Government and supporting organisations
• Provide organisational leadership and vision in implementing the strategy and plans necessary to realize the Trust Fund’s objectives
• Ensure the Trust Fund’s organisational structure, operational policies and other business processes are sound and able to effectively deliver on strategic objectives as defined by the Trust Fund’s Board
• Advise the Board on matters of policy, planning and priorities and other issues that are fundamental to the objectives of the Trust Fund, including implications of proposed new initiatives and potential impact for donors, partners, and other stakeholders
• Oversee the management and implementation of all contracts according to corporate procurement policies and practices that deliver value for money and focus on the primary mandate of the Trust Fund
• Supervise remuneration of any person, firm or company for services rendered to the Trust Fund in accordance with agreed requirements
• Prepare financial budgets and resource projections, as required by the Board, for the transparent management and forecasting of resources for all stakeholders
• Build strong fiduciary controls (in collaboration with the Board of Trustees) to monitor the use of the Trust Fund resources
• Present audited accounts of the Fund to be made accessible for public scrutiny and to the Board of Trustees
• Supervise the receipt of any gift of property, whether subject to any special trust or not, for the attainment of any one or more of the objectives of the Fund
• Provide strategic guidance for resource mobilization and the implementation of the Trust Fund’s replenishment mechanism
• Oversee the development of new funding streams domestically and internationally to support and promote the objectives of the Trust Fund
• Serve as a middleman/liaison between the Board of Trustees, the Secretariat, Asset Manager, Investment Adviser, and other (internal and external) parties
• Monitor and evaluate the Trust Fund’s performance including the provision of accurate analysis and routine reporting on the impact and performance of the Trust Fund’s portfolio
• Develop and manage key relationships with relevant external bodies/contacts e.g. regulatory organisations, auditors, solicitors, banks etc. to facilitate effective business operations
• Ensure the Trust Fund conducts its operations and financial activities with integrity and in accordance with applicable legislative, regulatory and policy requirements
• Conduct project review sessions and create detailed project status reports for the Board of Trustees
• Engage and maintain relationships at the highest possible level with representatives of public and private institutions in Nigeria and in the diaspora
• Ensure efficient communication of decisions of the Board to the requisite (internal and external) parties
• Manage partnerships, financial assistance, technical or any other available support, initiatives and actions
• Develop relationships with the media and act as the primary spokesperson and an ambassador of the Trust Fund
• Identify appropriate communication platforms to disseminate the activities of the Trust Fund to stakeholders
• Oversee hiring, supervision, and performance management of the Trust Fund’s employees

Requirements
Qualification & Experience:

• Minimum of Bachelor’s degree
• MBA will be an added advantage
• Project Management Certification e.g. PRINCE II is an added advantage
• Membership of relevant professional body
• Minimum of 10 years’ experience in General Management, Project Management, Fund Management, Corporate Finance, or related discipline
• Experience in a Multi-National Corporation, Not-for-Profit Organisation, Development Finance Institutions (DFIs) and Fund-raising agencies is an added advantage

Skills and Competencies:

• Strategic Planning and Implementation
• Budgeting and Finance Operations
• Project Management Knowledge
• Operations Management
• Reporting
• Stakeholder Management
• Investment Planning and Management
• Public Administration
• Leadership and People Management
• Decision Making
• Good Communication Skills (Oral and Written)
• Networking and Social skills
• Analytical skills
• Problem solving skills

How to Apply
Interested and qualified candidates should:
Click here to apply online