Risk Management Officer at FairMoney

FairMoney is building the leading mobile bank for emerging markets. We started with a digital microcredit application on Android, and currently roll out additional financial services (current account, savings, debit card) while expanding the product to Western Africa and South-East Asia.

We are recruiting to fill the position below:

Job Title: Risk Management Officer

Location: Lagos, Nigeria
Job Type: Full time
Department: Risk
Reporting Line: He/She shall report to the Head of Credit Risk

Description

• The risk officer is part of the risk management team responsible for overseeing the development and implementation of risk policies and procedures in an organization.
• He/She will be required to analyze various financial data to estimate the degree of risk and level of associated risk involved in extending credit or establishing a business relationship with firms or individuals.

Reporting Line:

• He/She shall report to the Head of Credit Risk

Roles & Responsibilities - ERM Operations

• Manage and periodically update Bank’s Enterprise Risk Management Risk Register
• Consult with relevant units to determine risks involved in establishing and maintaining various client and industry relationships
• Responsible for monitoring procedures the organization has set to police transactional risks
• Responsible for the maintenance of customer credit history database
• Manage operational incidence report and conduct periodic root cause analysis
• Maintaining records of Credit insurance policies and claims
• Serve as a liaison officer between risk vendors and the organization
• Perform other ad-hoc functions as may be required.

Requirements

• Bachelors Degree in Accounting, Finance, Mathematics, Statistics or related field required.
• 2-4 years experience in Enterprise Risk Management,Credit Underwriting, Collections, Quality control or Process improvement Team
• Knowledge: They must possess a solid understanding of process, risk, and control design concepts and governance from an operational risk management or audit perspective, including knowledge of managing data / technology processes, or experience in risk mitigation within this field/industry
• Experience working in relevant environment/s, i.e. Stress Testing experience working in a risk function commercial bank, or investment bank is desirable but not essential.

Competencies:
Technical:

• Basic understanding of MFB operational guidelines.
• Strong analytical skills
• Conversant with MS Office, Tableau and SQL.

Behavioural:

• Resourceful and great interpersonal skills
• Must be able to learn, understand and apply new methodologies.
• Have sense of urgency to complete tasks at hand.
• Proactive and the ability to take initiative.
• Self-motivated, decisive with the ability to adapt to change and competing demands.
• Ability to multi-task and function under pressure with little or no supervision.
• A team player.

Benefits

• Private Health Insurance.
• Pension Plan.
• Training & Development.
• Performance Bonus.

Application Closing Date
Not Specified.

Method of Application
Interested and qualified candidates should:
Click here to apply online

Recruitment Process

• A screening call with the Senior Recruiter -30 minutes.
• A Case Study - 72 hours.
• Technical interview with the hiring manager ~30 minutes.