• Application Deadline:
• Position: Credit Risk Manager


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 5 - 7 years


• Location Lagos


• Job Field Finance / Accounting / Audit 
  

About the Role

• You will be working as our Nigeria's Credit Risk Manager in the Risk department and will be responsible for driving the growth of our portfolio in Nigeria.


• Your mission is to ensure portfolio performance according to the company OKR's, offering the best-tailored credit services to as many clients as possible.


• Your goal is to build FairMoney as a Tier 1 digital lender in Nigeria and you will be a key Business Partner to achieve the same.


• As the Credit Risk Manager for the Nigerian business, you will lead a team that plays a critical role in managing FairMoney ability to grow in the market. As such you will be considered as a key stakeholder and contributor in all decisions revolving around the business and product strategies.

Responsibilities

• Own the main portfolio metrics - default rates, acceptance rates and profitability


• Drive the decision of new risk product updates in terms of product offerings and underwriting funnel improvements - Work closely together with the Product and Engineering team on improvements for the lending product


• Build, improve and maintain the credit risk policy for Nigeria that will allow to grow the portfolio according to company OKRs - Communicate the performance results with the respective stakeholders


• Keep up to date with the company’s lending protocols


• Benchmarking current risk practices against those stipulated within business units


• Implementing the best possible methodologies in improving the credit performance, considering the risk associated, yet offering the prime credit facility


• Own the structuring and hiring of a Risk Analysis and Data Science team as well as their agenda


• Mentoring and coaching talents, scaling up the team as and when required.

Requirements

• 5 to 7 years experience with exposure to Fintech / retail banking credit risk (consumer loans) / NBFCs


• Expert in credit risk analysis/underwriting principles, methods, and practices


• Proficient SQL user, reasonable experience with BI tools like Tableau, PowerBI or similar


• Strong quantitative analysis experience


• Strong attention to detail and ability to notice discrepancies in data


• Impeccable understanding of financial statements, ratios, and concepts


• Strong communication skills


• Strong people management skills

Benefits

• Private Health Insurance


• Pension Plan


• Training & Development


• Hybrid work


• Paid Time Off