Job Summary

This will be the entry and training grade for this Cadre. An officer at this level will work under the guidance of a designated supervisor.

Key Duties and Responsibilities

1. Identifying, assessing, and monitoring key risks facing the assigned financial institutions.
2. Assisting in developing and updating risk profiles for supervised entities.
3. Performing stress-testing and scenario analysis on banks’ financial positions for prompt corrective action.
4. Conducting on-site and off-site examinations of banks to assess financial condition and compliance with laws.
5. Evaluating capital adequacy, asset quality, management competence, earnings, and liquidity of member institutions using the approved risk framework.
6. Reviewing internal controls, governance structures, and risk management systems for member institutions.
7. Verifying compliance with prudential regulations, reporting requirements, and supervisory directives.
8. Documenting regulatory breaches and propose corrective actions.
9. Following up on implementation of supervisory recommendations.
10. Preparing examination reports with findings, risks, and recommendations.
11. Assisting in briefing bank management on examination findings.
12. Provide technical support in developing supervisory guidelines and participating in training programs on risk and compliance issues.

Requirements

For appointment to this grade, a candidate must have:

1. Bachelor’s degree in Commerce, Banking, Finance, Economics, Actuarial Science, Business Management, Business Information Technology, Business Administration or its equivalent qualification from a recognized and accredited institution.
2. Proficiency in Computer applications.