Credit Risk Management Officers at Kuda Bank

Kuda is a full service, app-based digital bank. Our mission is to be the go-to bank not just for those living on the African continent, but also for the African diaspora wherever they might live, anywhere in the world. Kuda is free of ridiculous banking charges and great at helping customers budget, spend smartly and save more. We raised the largest seed round ever seen in Africa, and completed a Series A funding round in February 2021, led by some of the world's smartest venture capital investors. With offices in London (our HQ), Lagos and Cape Town, and further offices opening across Africa during 2021, Kuda is fast becoming recognised as the leading 'Neobank' for Africans.

To help us grow into the company that can bring meaningful change to the way people across Africa get access to great financial products and services in order to take control of their personal finances, we are actively looking for bright, talented, driven people who are excited by our mission. If this sounds like a great way to spend your valuable time, then please get in touch with us.

We are recruiting to fill the position below:

Job Title: Credit Risk Management Officer

Location: Lagos

Role Overview

• The CRMS Officer will be responsible for the administration, monitoring, and regulatory reporting of all facilities on the Central Bank of Nigeria Credit Risk Management System (CBN-CRMS).
• The role ensures accurate processing of CRMS references, timely regulatory updates, compliance with CBN requirements, and effective management of CRMS-related reporting obligations across the Bank’s credit portfolio.
• The role also supports the Bank’s credit risk governance framework through accurate portfolio reporting, data integrity management, and regulatory engagement, while ensuring compliance with the CBN CRMS and Global Standing Instruction (GSI) framework.

Responsibilities

• Generate and process CBN-CRMS reference codes for newly approved credit facilities.
• Manage the renewal and extension of CRMS references for existing and running credit facilities.
• Update outstanding balances and process liquidation of existing facilities on the CBN-CRMS platform.
• Process and monitor restructuring requests for approved and existing credit facilities on the CRMS platform.
• Trigger and monitor Global Standing Instruction (GSI) processes for defaulted facilities above 90 days across applicable loan portfolios.
• Prepare and submit month-end updates for Bonds, Securities, and loan accounts to the CBN via the CRMS platform.
• Ensure accuracy and completeness of CRMS regulatory submissions and portfolio updates.
•   Monitor compliance with CBN CRMS guidelines, regulatory timelines, and internal credit administration procedures.
• Liaise with Credit Administration, Operations, IT, and other stakeholders to resolve CRMS-related issues and exceptions.
• Maintain proper documentation and audit trails for all CRMS processing activities and regulatory correspondences.
• Support reconciliation of CRMS records with the Bank’s core banking system and internal credit records.
• Provide periodic CRMS portfolio reports and regulatory updates to management and relevant committees.
• Escalate unresolved exceptions, validation failures, and data integrity issues for prompt resolution.
• Support regulatory examinations, audits, and supervisory engagements relating to CRMS and GSI activities.

Requirements

• First Degree in Accounting, Economics, Statistics, Mathematics, Finance, or other numerate disciplines.
• Minimum of 3 years cognate experience in credit administration, regulatory reporting, or credit risk management.
• Practical knowledge of the CBN Credit Risk Management System (CRMS) and Global Standing Instruction (GSI) framework.
• Hands-on experience in CRMS processing, validation, and regulatory reporting.
• Proficiency in the use of CRMS Report Converter and CBN CRMS Validator tools.
• Strong understanding of banking operations, loan lifecycle management, and regulatory compliance requirements.
• Strong analytical, reconciliation, and problem-solving skills.
• Good communication and stakeholder management skills.
• High level of accuracy, integrity, and attention to detail.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online