Risk Control Manager (Merchant Credit) at Palmpay Limited

PalmPay is a pan-African Fintech company currently operating in Nigeria, Ghana, Kenya, Uganda, and Tanzania and expanding to other markets this year. We are reinventing the payments experience by making it easy and reliable for everyone to transfer money, pay bills and shop online.

We are recruiting to fill the position below:

Job Title: Risk Control Manager (Merchant Credit)

Location: Ikeja, Lagos
Employment Type: Full-time

Responsibilities

• Develop and implement comprehensive risk management strategies and processes for merchant credit to ensure the effective control of risks throughout the credit issuance process.
• Create and maintain risk assessment models for merchant credit, including in-depth credit evaluations and assessments of repayment capacity for merchants.
• Establish and oversee standards for reviewing merchant credit applications, guiding the risk assessment and decision-making during the approval process.
• Continuously monitor and analyze the asset quality of merchant credit, proactively identifying and addressing credit delinquencies and defaults.
• Design and implement a robust risk monitoring system for merchant credit, generating regular risk reports and effectively communicating the risk status to management.
• Collaborate cross-functionally with multinational teams to ensure compliance with relevant regulations and internal risk management guidelines.
• Periodically evaluate the effectiveness of risk management strategies for merchant loans, making necessary adjustments and optimizations in response to market changes and regulatory requirements.

Requirements

• Bachelor's Degree or higher in Finance, Risk Management, Statistics, or a related field (preferred).
• Over 5 years of professional experience in risk management and credit review, with a strong understanding of merchant credit products and industry dynamics.
• Familiarity with relevant financial market regulations and a strong sense of risk awareness and compliance.
• Proficiency in data analysis and processing, including the use of risk assessment tools and models.
• Exceptional communication and teamwork skills, enabling effective collaboration with individuals from various departments and at all organizational levels.
• Strong problem-solving abilities and adaptability, capable of effectively handling emergencies and risk events even under pressure.

Application Closing Date
18th November, 2023.