Latest Job: Latest Jobs at Dangote Group

Description

• Support the Group Head of Operational Risk Management with embedding a best-in-class business continuity management culture within DIL. Involved in the proper implementation of the Group’s business continuity management framework comprising its policies, procedures and tools, in line with best practice.
• Assist in ensuring an effective, robust and auditable Enterprise Business Continuity Management (BCM) Governance framework that is consistent with general regulatory requirements and industry best practices/standards is developed, maintained and adhered to across the organization to ensure that the Group is appropriately prepared for, and can respond to unexpected disruptions to normal activities.
• Ensure that all Business Continuity materials and documents (such as plans, emergency response procedures, call trees, test results, etc.) are developed, produced, updated and maintained with versioning as required.
• Ensure that recovery team structures are identified and team members aware of responsibilities
• Work closely with IT to develop and maintain DR plans for critical systems and applications and to ensure that internal recovery sites are updated and functioning properly.
• Liaise with Business Continuity Coordinators to develop effective working relationships.
• Assist with crisis management in the event of a business interruption and develop required status reports (e.g., report cards) on development of business continuity plans
• Assist with developing recovery strategies that will enable DIL and its Business Units resume normal operations as soon as possible following a crisis.
• Report all threats to Business Continuity and ensure that contingency plans are developed to address key business continuity risks identified.
• Ensure continuous BCM awareness across the organization to ensure all stakeholders’ preparedness in the event of disruptive events.

Requirements

• HND/Bachelor’s Degree in a Business-related course, Information Management, or Engineering; Masters’ degree in a relevant field of study or relevant professional qualification would be an advantage.
• Good interpersonal skills with strong presentation, verbal and written communication skills
• Knowledge of information security, business continuity and enterprise risk management required.
• 5 years or more risk management experience in manufacturing or financial services experience required
• Being either a Certified Business Continuity Professional or Master Business Continuity Professional is an added advantage.
• Proficiency in Microsoft Office Suite and other relevant software.
• Ability to multitask and prioritize assignments in a fast-paced environment

go to method of application »

Description

Welcome to an exciting opportunity to join the Dangote Industries Limited as an Operational and Market Risk Management Analyst!

As an Analyst collaborating with the Group Head of Operational Risk Management, your role will involve the identification and handling of operational and market risks throughout the organization. You will play a vital role in developing risk management strategies, analyzing risk exposures, and implementing risk mitigation measures.

Responsibilities:

1. Ensure timely completion and submission of Risk & Control Self Assessments (RCSAs) and Key Risk Indicators (KRIs).
2. Conduct root cause analyses on identified risk events and recommend controls to prevent their recurrence or minimize their impact on critical business processes.
3. Maintain close monitoring of the Business Unit’s risk exposure to ensure operational efficiency, projected sales, and timely resolution of limiting factors.
4. Attend Management Committee meetings to present and discuss key risks requiring immediate attention or Senior Management awareness, as assigned.
5. Monitor and analyze relevant market variables and current economic trends to evaluate their potential impact on the Group’s position.
6. Calculate the Group’s net open position in foreign exchange (FX).
7. Estimate potential FX losses using Value-at-Risk (VaR) calculations.
8. Perform sensitivity analysis of the Bond portfolio to defined changes in interest rates using Duration/Convexity.
9. Assess liquidity risk using Gap analysis and Liquidity ratios.
10. Monitor strategic risks related to corporate governance, strategy formulation and implementation, pricing pressure and competition, mergers and acquisitions, sales and marketing, and systemic risks stemming from macroeconomic trends that could affect the business.
11. Customize ERM Policies and SOPs to align with business dynamics and regulatory requirements.

Qualifications and Skills:

1. Holder of a first degree in Business, Economics, Finance, or a related field
2. Relevant professional certification in risk management (e.g., CFA, FRM, CRM) is preferred
3. Minimum of 5 years of relevant experience in operational and market risk management
4. Strong understanding of risk management principles and methodologies
5. Knowledge of regulatory requirements related to operational and market risks
6. Excellent analytical and problem-solving skills
7. Strong communication and interpersonal skills
8. Ability to work effectively in a cross-functional team
9. Proficiency in risk management software and tools