Olusegun Arogundade 

  • 44, Agboyi road, Ogudu, Orioke, Lagos, Nigeria. 05
Olusegun Arogundade 

Risk Management

Work History

Work History
Jan 2015 - Present

Enterprise Risk Management

Union Assurance PLC
Establishing Context: An understanding of the current conditions in which the organization operates on an internal, external and risk management context. Identifying Risks: Documentation of the material threats to the organization’s achievement of its objectives and the representation of areas that the organization may exploit for competitive advantage. Analyzing/Quantifying Risks: Calibration and, if possible, creation of probability distributions of outcomes for each material risk. Integrating Risks: Aggregation of all risk distributions, reflecting correlations and portfolio effects, and the formulation of the results in terms of impact on the organization’s key performance metrics. Assessing/Prioritizing Risks: This includes the determination of the contribution of each risk to the aggregate risk profile, and appropriate prioritization. Treating/Exploiting Risks: Development of strategies for controlling and exploiting the various risks. Monitoring and Reviewing: Continual measurement and monitoring of the risk environment and the performance of the risk management strategies.
Dec 2013 - Jan 2015

Credit reporting/Portflio Management

Mainstreet Bank Ltd
• Composition of the Banks Risk Asset Portfolio into segmentation, sectors, performance, Group obligors, maturity profile, Regions etc. • Reporting of all On-lending, Government, Staff, sectors, off balance assets to CBN via FINCON. • Reconciliation of the banks risk asset position to FINCONs GL position. • Collating and making regulatory submissions on the banks Credit Classification Portfolio Report to CBN. • Providing all required data and credit information to all external auditors (CBN, KPMG, NDIC) • Upload of all borrowing customers to CRC, Credit Registry and XDS credit Bureaus. • Generating Borrowers Code (CRMS 100 and 200), Credit IDs (CRMS 300) to CBN through efass. • Monthly update on all reported customers on efass (CRMS 400). • Generating internal reports for management • Release of security documents once a customer is confirmed has been non-indebted to the bank. • Credit Enquiries to and from other Financial Institutions on borrowing customers. • Generating the NPL ratio report and Turnover analysis report for Branches and Regions monthly. • Conducting Credit Checks on all borrowing customers


Jan 2012 - Jan 2013

M.sc International business & Managment


Masters Degree