Risk Manager at Strivo Labs

At Strivo Labs, we are passionate about helping businesses scale with speed and precision. We specialise in providing end-to-end digital solutions, from custom design and MVP development to automation and content creation.

Job Title: Risk Manager

Location: Ikeja, Lagos
Employment Type: Full-time (0n-site)

About the Role

• We are seeking an experienced and analytical Risk Manager to lead the identification, assessment, monitoring, and mitigation of risks across the organization.
• The ideal candidate will have a strong background in the financial services industry and a deep understanding of risk frameworks, regulatory requirements, and financial risk management practices.
• The Risk Manager will play a critical role in safeguarding the organization by ensuring effective risk governance, strengthening internal controls, and supporting strategic decision-making through proactive risk assessment.

Key Responsibilitie
Risk Identification & Assessment:

• Identify, assess, and evaluate key risks across the organization including credit risk, operational risk, financial risk, and regulatory risk.
• Develop and maintain a comprehensive enterprise risk management (ERM) framework.
• Conduct risk assessments across business units to identify vulnerabilities and potential exposure.

Risk Monitoring & Reporting:

• Establish risk monitoring processes and maintain risk registers.
• Track key risk indicators (KRIs) and ensure early identification of emerging risks.
• Prepare regular risk reports and dashboards for senior management and executive leadership.
• Provide actionable insights to mitigate potential financial and operational risks.

Policy Development & Governance:

• Develop, implement, and maintain risk management policies, procedures, and frameworks.
• Ensure adherence to internal risk controls and governance standards.
• Support the development of risk appetite frameworks aligned with organizational objectives.

Regulatory Compliance:

• Ensure compliance with financial industry regulations and regulatory requirements.
• Monitor regulatory changes and assess their impact on business operations.
• Work closely with compliance teams to ensure policies and processes meet regulatory standards.

Internal Controls & Risk Mitigation:

• Design and strengthen internal controls to reduce operational and financial risks.
• Support internal audit processes and implement corrective actions where necessary.
• Collaborate with business units to implement effective risk mitigation strategies.

Cross-Functional Collaboration:

• Work closely with Finance, Compliance, Credit Risk, Operations, and Technology teams.
• Provide guidance and training to staff on risk management best practices.
• Support senior leadership in making informed risk-aware business decisions.

KPIs & Performance Indicators

• Effectiveness of risk mitigation strategies
• Compliance with regulatory standards
• Timely risk reporting and risk register updates
• Reduction in operational and financial risk incidents
• Successful implementation of risk management frameworks.

Required Qualifications

• Bachelor’s Degree in Finance, Risk Management, Economics, Business Administration, or related field.
• 6 – 10+ years of experience in risk management within the financial services, banking, fintech, or insurance industry.
• Strong understanding of enterprise risk management frameworks and financial risk controls.
• Experience with credit risk, operational risk, and regulatory risk management.
• Strong knowledge of financial industry regulations and compliance standards.
• Excellent analytical, problem-solving, and decision-making skills.
• Strong experience with risk reporting, risk registers, and control frameworks.

Preferred Qualifications:

• Professional certifications such as FRM (Financial Risk Manager), PRM, CFA, or relevant risk certifications.
• Experience working within regulated financial institutions.
• Knowledge of risk modeling, data analytics, and financial risk assessment tools.
• Exposure to digital financial services or fintech platforms is an advantage.

Core Competencies:

• Strong analytical and risk assessment capability
• Strategic thinking and decision-making
• Regulatory awareness and compliance knowledge
• Excellent stakeholder management
• Strong reporting and documentation skills
• High attention to detail and integrity.

What Success Looks Like:

• Strong risk governance across the organization
• Early identification and mitigation of key risks
• Improved internal control environment
• Strong compliance with regulatory expectations
• Risk-informed decision-making across leadership teams.

Application Closing Date
Not Specified.