Position Description
Job purpose • Create direction and focus for effective operation of the regulatory reporting function of Finance.• Implement effective risk management processes in the department • Drive the implementation of best practices in capital management.Key responsibilities • Take responsibility for the completion of all aspects of the regulatory returns.• Understand the requirements for regulatory reporting for the Bank and keep the bank up to date on regulatory changes.• Coordinate CBN annual routine examinations.• Attend to all queries coming from the submitted EFASS returns, and other ad-hoc requests from the regulators.• Develop a financial risk dashboard and compliance framework for the department.Key performance measures• Ensure that all external reporting requirements are timeously met, including preparation of periodic regulatory returns in compliance with CBN/NDIC/FRCN guidelines.• Ensure that all regulatory ratios are complied with.• Zero • Prompt resolution of all regulatory audit issues.• Implementation of best practices in capital management.• Implementation of best practices in risk management.
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