Head of Risk Management at Ave Maria Microfinance Bank Limited

Ave Maria Microfinance Bank Limited is a fully licensed microfinance bank authorized by the Central Bank of Nigeria (CBN). It was registered and incorporated as a private company with the Corporate Affairs Commission on May 10, 2022. Founded by the Catholic Diocese of Oyo, the bank aims to serve all individuals, focusing on the poor and vulnerable, regardless of religion, race, or gender, who are financially excluded.

We are recruiting to fill the position below:

Job Title: Head of Risk Management

Location: Oyo Town, Oyo
Employment Type: Full-time

Position Overview

• We are seeking an experienced Head of Risk Management to lead our risk management team and establish a robust risk framework that aligns with our strategic objectives.
• The ideal candidate will have a comprehensive understanding of risk assessment methodologies, regulatory requirements, and risk mitigation strategies.
• You will work collaboratively across departments to identify, evaluate, and mitigate risks, ensuring the long-term sustainability and success of the organization.

Key Responsibilities

• Develop and implement a comprehensive enterprise risk management framework.
• Lead the identification, assessment, and monitoring of risks across the organization.
• Collaborate with senior leadership to integrate risk management practices into strategic planning and decision-making processes.
• Ensure compliance with applicable laws, regulations, and industry standards related to risk management.
• Prepare and present risk reports to the executive team and board of directors.
• Foster a risk-aware culture across the company through training and communication.
• Oversee the development of risk mitigation strategies, contingency plans, and crisis management protocols.
• Manage a team of risk management professionals, providing guidance, support, and professional development opportunities.
• Monitor the business development for emerging credit risks and recommends policies and procedures to improve the credit risk management process.
• Maintain oversight over the bank’s enterprise credit risk management activities
• Conduct periodic stress tests and scenario analysis, assessing the risk impact to the Bank and make appropriate recommendations to senior management for appropriate action.
• Develops and implement policies and procedures that help to reduce the credit risk of the financial institution.
• Undertakes building of financial models that predict credit risk exposure of the organization and oversee the preparation of performance reports for management.
• Manage the bank’s lending portfolio and continually optimize risk strategy for acquisition, fraud, and collection
• The credit risk manager’s work description also entails retrieving data and conducting data driven analytics, utilizing various analytical tools, software, and techniques

Qualifications

• HND / Bachelor’s Degree in Finance, Business Administration, Economics, or a related field; MBA or relevant certification (e.g., FRM, CRMP) preferred.
• Minimum 5 years of experience in risk management, with at least 3 years in a leadership role, preferably in MFBs.
• Strong knowledge of risk management frameworks, tools, and methodologies.
• Exceptional analytical, problem-solving, and decision-making skills.
• Excellent communication and interpersonal skills, with the ability to influence stakeholders at all levels.
• Proven track record in developing and implementing successful risk management strategies.
• Experience in planning and orchestrating available resources efficiently and effectively
• Impeccable understanding of financial statements and business dynamics
• Knowledge of the micro, small and medium enterprise market.
• MCIB is compulsory.

What We Offer

• Competitive salary and performance-based bonuses.
• Comprehensive benefits packages, including retirement plans.
• Opportunities for professional development and career advancement.
• A collaborative and dynamic work environment.
• The chance to make a meaningful impact on the organization’s risk management practices.

Application Closing Date
30th January, 2026.

How to Apply
Interested and qualified candidates should send their CV and Cover Letter to: recruitment@avemariamfb.com using the Job Title as the subject of their email.