Rand Merchant Bank (RMB), a division of FirstRand Bank Limited, is an African corporate and investment bank and part of one of Africa’s major financial services groups.
RMB provides clients with advisory, funding, trading, corporate banking, and principal investing solutions designed to deliver innovative and value-added financial services.
Job Overview
RMB Nigeria is seeking an experienced Operational Risk Analyst to join its Risk and Compliance Department.
The successful candidate will provide operational support to the Operational Risk Manager (ORM), helping to ensure that operational risk objectives are achieved across the organisation.
The role involves monitoring key risk indicators, supporting risk and control assessments, maintaining operational risk records, preparing reports, and participating in governance activities. It provides exposure to broad operational risk management activities within a banking environment.
This opportunity is suitable for professionals seeking Operational Risk Jobs in Lagos with experience in banking, accounting, audit, management consulting, or related fields.
Key Responsibilities
Key Risk Indicators (KRIs)
- Monitor entity-wide compliance with KRI capture and approval requirements.
- Track due dates and escalate outstanding or non-compliant items to the Operational Risk Manager.
- Monitor KRI breaches and ensure appropriate action plans are established.
- Support the ORM in organising KRI-setting and review sessions with business units.
PRCIA
- Support the ORM in organising PRCIA setting and review sessions with business units.
- Monitor the PRCIA review calendar and remind relevant stakeholders of upcoming reviews.
- Assist with the timely completion and reporting of PRCIA activities.
- Ensure items such as loss events and PRCIA records are promptly updated on OpenPages.
Operational Risk Reporting and Governance
- Prepare operational risk reports as assigned by the ORM or Chief Risk Officer (CRO).
- Log operational risk incidents on OpenPages.
- Ensure operational risk event logs are reviewed and approved within stipulated timelines.
- Participate in operational risk governance meetings.
- Provide administrative and operational support for Risk and Compliance activities.
- Undertake additional assignments as directed by the ORM or CRO.
Requirements and Qualifications
Applicants should possess:
- A relevant graduate degree.
- 2–5 years of relevant work experience, preferably in investment banking, accounting, audit, management consulting, or related fields.
- An interest in working within a small team and engaging with internal and external stakeholders.
- Understanding of operational risk management principles.
- Experience with Microsoft Excel and financial modelling.
- Knowledge of detailed income statement forecasting and scenario analysis.
- Experience with capital structure modelling and M&A modelling is beneficial.
Candidates interested in Risk Management Jobs in Nigeria should demonstrate strong analytical, organisational, and problem-solving abilities.
Key Competencies
Personal Competencies
- Strong analytical skills and attention to detail.
- Excellent verbal and written communication.
- Strong problem-solving ability.
- Self-motivation and the ability to manage multiple tasks.
Business Competencies
- Good business acumen.
- Organisational awareness.
- Ability to anticipate and manage change.
- Strong presentation and facilitation skills.
Functional Competencies
- Understanding of operational risk management.
- Ability to work effectively as part of a team.
- Strong attention to detail and accuracy.
Personal Attributes
The ideal candidate should demonstrate:
- Strong character and integrity.
- Self-confidence and a pleasant professional personality.
- Excellent organisation and time-management skills.
- Discipline and attention to detail.
- Ability to work with minimal supervision.
- Strong work ethic.
- Flexibility and the ability to work effectively under pressure.
- Ability to operate effectively in a fast-growing environment.
Experience relevant to Banking Risk Jobs in Nigeria or Compliance Analyst Jobs in Lagos will be an advantage.
Salary and Benefits
- Salary: Not Specified.
- Benefits: Not Specified.
Application Closing Date
2nd October 2026.
How to Apply
Interested and qualified candidates should apply online through the Rand Merchant Bank/FirstRand careers platform.
