Development Bank of Nigeria PLC

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DBN promises a world of opportunities from entry level to Senior Management level.


At the Development Bank of Nigeria, we provide you with the platform to achieve your goals while impacting your community. We are looking for competent and confident people who share our vision to take up these rewarding opportunities. Take the next step in your career.


Our recruitment philosophy is to attract, develop, motivate and retain a cohort of highly qualified professionals designed to meet the unique challenges and goals of the Bank.


In light of its specialized mandate, DBN shall treat its staff as its most important assets.



Current Vacancies (3)


Job Objective and Summary

Support the implementation of the Enterprise Risk Management Framework of the Bank, Risk Appetite Framework, Operational Risk Framework, Reputational Risk Framework, FX Policy, Capital Management and Stress Testing etc. by ensuring prompt identification, assessment, treatment, monitoring and reporting of risks across the Bank. Ensure the adequacy and effectiveness of all risk mitigation plan for all core risks in the Bank`s risk register. Implementation of the Business Continuity Plan (BCP) and monitor the implementation of approved placement limits and limits contained in the Risk Appetite.


Support the secretariat for Assets and Liability Management Committee (ALCO) and Management Risk Committee (MRC), in addition to providing inputs to Board Credit and Risk Committee Reports.

Core Responsibilities
Efficient Risk Management

• Provide support in the implementation of the Bank’s Enterprise Risk Management Framework, Risk Appetite Framework, Operational Risk Framework, Reputational Risk Framework, FX Policy, Capital Management & Stress Testing and Basel III Implementation.

• Reviewing the above Frameworks as at when required and developing new risk frameworks to address emerging risk issues.

• Engagement of various stakeholders to set and communicate appropriate risk appetites/ tolerances.

• Provide risk advisory services to various departments in the effective management of risks arising from the Bank's policies, activities and initiatives.

• Monitoring of appropriate risk indicators and triggers for the Bank

• Participates in the identification, assessment, treatment, monitoring and reporting of risks across the Bank.

• Set risk exposure limits in collaboration with relevant stakeholders.

• Participation in the periodic review of the Bank’s Investment Policy, Assets and Liability Management Policy (ALM) in collaboration with relevant stakeholders

• Conducts periodic (quarterly and semi-annually) stress test on various risk metrics and indicator and recommend appropriate measures to mitigate the observed vulnerabilities.

• Oversees the management and reporting of risk events on the Bank’s counterparties.

• Preparation of MRC and ALCO reports.

• Ensure that agreed resolutions from the MRC and ALCO meetings are implemented.

• Provide support in Developing risk models for Pillar I & II Capital Charge which will serve as inputs into the ICAAP.

• Monitor the media for negative mentions of the Bank.


Operational Risk Assessment and Capacity Building

• Identification and independent monitoring of enterprise-wide view of known and emerging risks in the Bank.

• Work with risk owners and all stakeholders in the development and update of the risk register

• Work with departments in developing Control Risk Self-Assessment (CRSA) and development Key Risk Indicators (KRIs) for all departments and monitoring of the set KRIs.

• Implementation of Business Continuity Plan (BCP); including coordinate the regular BCP test and follow-up on the remediation of the observed gaps.

• Work with relevant stakeholders in the implementation of the ISO certification.

• Monitor the risk exposure of the subsidiary (Impact Credit Guarantee Ltd) and ensure risk exposure of the company are within the Bank`s risk appetite

• Analysis of incidence reports and proposing mitigants for the identified risks


Market and Liquidity Risk Management

• Identification, measurement, analysis, monitoring and reporting of market, liquidity and FX risk exposures of the Bank.

• Review of the Bank’s Market (IRRBB) and liquidity Risk Policy to identify gaps and areas for improvements

• Monitoring and reporting on compliance with the Bank Market (IRRBB) and liquidity Risk appetite (standards, limits) and risk tolerance.

• Support the secretariat to ALCO and MCRC

• Monitor compliance with counterparty placement limits

• Render regulatory returns to the CBN.


Financial Risk Management

• Formulates and periodically reviews the asset liability management (ALM) policies, liquidity policies and guidelines for the Bank

• Updates the Bank’s Capital Management and Stress Testing framework

• Prepares the Bank’s annual market risk review, providing a monitoring report to the Board on currency, interest rate, liquidity and counterparty risks

• Prepares monthly reports on currency and interest rate risks, as well as quarterly reports on financial projections, liquidity risk and debt allocation.





• Understanding of the laws, policies and operations of DFIs.

• Understanding of banking laws, policies and operations

• Detailed knowledge and understanding of regulatory and operational risk principles

• Knowledge of risk management techniques


Technical Competencies:

• Meeting Facilitation skills

• Working knowledge of P/C productivity tools such as Microsoft Word, Excel, PowerPoint etc.

• Excellent written and oral communications Skills

• Excellent organisational and co-ordination skills

• Excellent analytical skills

• Demonstrates expertise in Enterprise risk management systems

• Expertise in risk analysis and control


Behavioural Competencies:

• Problem solving

• Resilience and Tenacity

• Integrity

• Strong communication skills

• Team work

• Conflict management

• Responsiveness

• Industry Knowledge

• Sound managerial and leadership ability

• Administrative ability




Educational Qualifications:

Bachelor’s degree in Accounting, Banking & Finance, Economics, Business Administration or any social sciences related discipline

Post graduate degree in a business-related field or management is an added advantage.


Professional Qualifications:

Membership of a professional business-related institute such as ICAN, CIMA, CPA, CIBN etc. is an added advantage.



Minimum of 3 years of experience in banking or financial risk in a related field is required.


Interested and qualified candidates should apply by forwarding their updated resumé and covering letter to with subject “Application for Enterprise Risk Management Officer Role – (Candidate’s Name)”. Application deadline is March 09, 2023.


Job Objective and Summary

The Research Officer will be part of the Office of the Chief Economist team and will report to the Chief Economist. S/he will be responsible for conducting research, reviewing articles submitted to the Bank thereby providing insights and up to date content for the Banks intellectual materials and newsletters. S/he will support on sustainability reporting as well as M&E reporting.


Core Responsibilities

Research, Collaboration and Management

• Provide support in the identification of market demand and market opportunity to contribute to the growth of the institution

• Assist in preparing presentations and speaking notes as required.

• Contribute to original articles in the working paper series of the Bank.

• Collaborates in the preparation of quarterly technical reports

• Assist in the maintenance of research database and intellectual materials of the bank.

• Analyze and resolve research issues in a timely and accurate manner.

• Support on an ad-hoc basis M&E analysis and reporting.

• Support on an ad-hoc basis for Sustainability activities

• Conduct regular market survey/competitive analysis of the industry.


Research Officer Requirements / Skills / Qualifications


• Bachelor’s degree in Business or Social Science or equivalent. A master’s degree is a plus

• Preferably have 1 – 5 years’ experience in banking or/and microfinance sector

• Experience in field research, data collection and analysis and report writing

• Good at research methodology & procedure

• Good command in English

• Be able to communicate well with all staff, local communities, and authority

• Ability to perform task with minimum supervision

• High motivation, initiative, willing and able to travel

• Good computer literacy (MS Office, SPSS, Stata, or other analysis applications).



Interested and qualified candidates should apply by forwarding their updated resumé and covering letter to with subject “Application for Research Officer Role – (Candidate’s Name)”. Application deadline is March 09, 2023.


Job Objective and Summary

The Treasury & Investment Officer is to support treasury function to always ensure efficient and seamless services. The Treasury & Investment Officer reports directly to Head, Treasury & Investments.


Core Responsibilities

• Engages Participating Financial Institutions (PFIs) to receive Securities as Collaterals for loan disbursements. This includes valuation of the securities, switches and rollovers when necessary.

• Responsible for funding activities.

• Engages in treasury bills investments.

• Engages Operations department and obtain pipeline loans for treasury planning purposes.

• Reviews of transactions with banks to identify reconciliation issues for resolution.

• Follows up with commercial banks and obtain all contract letters.

• Capturing of treasury transactions on Eazybank

• Prepares Treasury reports based on market developments to position DBN’s portfolio in a profitable manner.

• Ensures documentation of all treasury activities.

• Engages and responds to requests relating to Treasury from different departments and units of the bank.

• Participates in audit confirmation of account balances and securities positions as requested by commercial banks, Microfinance Banks and Audit Department.

• Ensures compliance with statutory and internal policies.

• Nurtures and maintains relationships with relevant key stakeholders.

• Performs other duties assigned from time to time.

• Complies with the principles of the Information Security Policy of the bank.

• Performs other tasks such as arranging meetings with commercial banks and other stakeholders on treasury related issues.

• Works closely with Head, Treasury and investments to ensure effective treasury services for the bank.

• Follows up on requests and issues addressed to Treasury and ensures timely feedback is provided or the issues are resolved.

• Handles treasury assignments expeditiously, proactively, and follows-through to successful completion, often with deadline pressures.

• Provides a link between treasury and other stakeholders to build relationship crucial to the success of DBN.

• Communicates on behalf of the Head, Treasury and Investments with internal and external stakeholders, on various matters as may be directed by Head, Treasury and investments.

• Proactively and reactively handle ad hoc requests for treasury unit.





• Understanding of Macro Economy, Business, Management Finance, Banking, Accounting, Corporate Finance & Investor Relations

• Knowledge of customer service principles and management

• Proficiency in the use of computer programs, e-mail and internet

• Proficiency in the use of office equipment

• Demonstrates expertise in office management and business correspondence.


Technical Competencies:

• Demonstrates expertise in accounting, management finance and banking

• Strong research skills

• General administration and project management skills

• Excellent time management

• People and conflict management

• Organization and coordination skills

• Decision making

• Strong interpersonal skills

• Excellent written and oral communications skills

• Negotiation/influencing skills

• Ability to work independently and under pressure

• Proven ability to handle confidential information with discretion

• Demonstrated ability to achieve high performance goals and meet deadlines in a fast-paced environment

• Excellent organizational, administration and coordination skills

• Good Understanding of Development Finance.


Behavioural Competencies:

• Integrity and discretion

• Initiative / Proactive

• Results-Oriented

• Dependability

• Problem Solving ability

• Collaborating/Networking

• Teamwork

• Confidentiality

• Relationship Building

• Multi-tasking ability

• Accuracy / Attention to Detail




Educational Qualifications:

A good first degree in Social / Management Sciences or any related discipline

A post-graduate degree in a management related field is an added advantage


Professional Qualifications:

Membership of ACI, ACIB, ICAN, ACCA, CFA, CPA or any other related certifications is an added advantage.



Minimum of 3 years cognate experience in a similar role.


Interested and qualified candidates should apply by forwarding their updated resumé and covering letter to with subject “Application for Treasury & Investment Officer Role – (Candidate’s Name)”. Application deadline is March 09, 2023



Information provided by applicants will be treated in strict confidence.