Head, Risk Management at Neptune Microfinance Bank

Neptune is on a mission to empower people through financial intermediation in Nigeria and Africa. We are poised to meet your business and personal financial needs.

We are recruiting to fill the position below:

Job Title: Head, Risk Management

Location: Lagos 
Position Type: Full-Time 

Job Summary

• We're looking for an experienced professional to lead our Risk Management function in a microfinance institution.
• The ideal candidate will be responsible for identifying, assessing, monitoring, and mitigating credit, operational, financial, and compliance risks across the Bank.
• The role involves reviewing loan portfolios, evaluating credit risk, ensuring regulatory compliance, developing risk mitigation strategies, and promoting a strong risk management culture to safeguard the Bank's assets and support sustainable business growth.

Key Responsibilities

• To constantly review and implement the Bank's risk management framework to identify, assess, monitor, and mitigate operational, credit, financial, and compliance risks. 
• Prepare and present risk reports to Management and the Board, highlighting key risks and recommending appropriate mitigation strategies. 
• Verify KYC documentation completed by Loan Officers for all loan applications. 
• Review all loan applications and supporting documentation for accuracy, completeness, and compliance before recommending them for approval. 
• Ensure the adequacy, authenticity, and enforceability of collateral submitted by customers. 
• Arrange and serve as Secretary to the Management Credit Committee, ensuring proper documentation of meetings and resolutions. 
• Arrange and serve as Secretary to the Portfolio Review Committee. 
• Conduct credit bureau searches on all loan applicants. 
• Monitor the Bank's loan portfolio and recommend appropriate risk mitigation measures for delinquent or high-risk accounts.  

Requirements

• Bachelor's Degree or HND in Finance, Accounting, Economics, Banking, Business Administration, or a related discipline. 
• Professional certification such as ICAN, ACCA, CIBN, CRM, or other relevant qualifications will be an added advantage. 
• Minimum of 5 years' experience in Risk Management, Credit Administration, Internal Control, or a similar role, preferably within a Microfinance Bank. 
• Strong analytical and problem-solving skills with excellent attention to detail. 
• Sound knowledge of risk management principles, credit analysis, and regulatory compliance. 
• Good understanding of microfinance banking operations and lending practices. 
• Excellent communication, report writing, and presentation skills. 
• High level of integrity, professionalism, and confidentiality. 

Salary Range
N500,000 - N750,000/month.

Application Closing Date
Not Specified. 

Method of Application
Interested and qualified candidates should send their CV to: recruitmentnmfb@gmail.com using the position as the subject of the email.