Risk Analyst at Estrada International Staffing Solutions

Estrada International Staffing Solutions is a strategic boutique specialist recruitment consulting firm, serving clients with expertise recruitment services across all sectors ranging from Banking, Insurance, Oil and Gas, Telecommunications, FMCGs and Construction, with the aim of satisfying their recruitment needs.

We are recruiting to fill the position below:

Job Title: Risk Analyst

Location: Lagos Island, Lagos
Employment Type: Full-time
Industry: Fintech

Job Summary

• As a Risk Analyst, you will play a critical role in assessing, monitoring, and mitigating risks associated with our financial products and services.
• You will use data analysis, modeling, and risk assessment techniques to support decision-making and help ensure the safety and security of our clients and the company.

Key Responsibilities

• Risk Assessment: Evaluate credit, market, operational, and compliance risks associated with financial products and transactions.
• Data Analysis: Analyze large datasets to identify risk trends, anomalies, and potential areas of concern. Develop and maintain risk models and methodologies.
• Risk Monitoring: Continuously monitor and assess the performance of the company's risk management strategies and policies.
• Credit Underwriting: Assist in the development of credit underwriting standards and conduct credit assessments of applicants and existing customers.
• Regulatory Compliance: Ensure compliance with all relevant financial regulations and industry standards. Stay updated on regulatory changes and their impact on the business.
• Risk Reporting: Prepare and present risk reports to senior management and relevant stakeholders. Provide insights and recommendations based on analysis.
• Fraud Detection: Collaborate with the fraud detection team to identify and prevent fraudulent activities. Implement fraud prevention measures.
• Risk Mitigation: Develop risk mitigation strategies and work with cross-functional teams to implement them effectively.
• Portfolio Management: Monitor the performance of financial portfolios, identify potential risks, and recommend actions to optimize portfolio quality.
• Scenario Analysis: Conduct scenario analysis and stress testing to assess the impact of adverse economic conditions and external factors on the business.
• Documentation: Maintain accurate records of risk assessments, decisions, and actions taken to mitigate risks.

Qualifications

• Bachelor's Degree in Finance, Economics, Mathematics, Statistics, or a related field. A Master's Degree or relevant certifications is a plus.
• Proven experience (5+ years) in risk analysis or risk management within the financial industry or fintech sector.
• Strong analytical and data modeling skills. Proficiency in data analysis tools and software.
• Knowledge of financial regulations and compliance requirements.
• Excellent problem-solving and critical-thinking abilities.
• Effective communication and presentation skills.
• Attention to detail and a commitment to accuracy.
• Ability to work collaboratively in a cross-functional team environment.
• Adaptability to changing industry trends and regulatory environments.

Salary

• N450,000 - N500,000 Monthly Gross.

Application Closing Date
15th October, 2023.