Risk Management Officer Job at FairMoney

Full Time
Lagos
Posted 2 years ago
Applications have closed
FairMoney profile

FairMoney

Risk Management Officer Job at FairMoney. Please ensure you read the job requirements before applying for this position.

FairMoney is building the leading mobile bank for emerging markets. We started with a digital microcredit application on Android, and currently roll out additional financial services (current account, savings, debit card) while expanding the product to Western Africa and South-East Asia.

We are recruiting to fill the position below:

Job Title: Risk Management Officer

Location: Lagos, Nigeria
Job Type: Full time
Department: Risk
Reporting Line: He/She shall report to the Head of Credit Risk

Description

The risk officer is part of the risk management team responsible for overseeing the development and implementation of risk policies and procedures in an organization.
He/She will be required to analyze various financial data to estimate the degree of risk and level of associated risk involved in extending credit or establishing a business relationship with firms or individuals.

Reporting Line:

He/She shall report to the Head of Credit Risk

Roles & Responsibilities – ERM Operations

Manage and periodically update Bank’s Enterprise Risk Management Risk Register
Consult with relevant units to determine risks involved in establishing and maintaining various client and industry relationships
Responsible for monitoring procedures the organization has set to police transactional risks
Responsible for the maintenance of customer credit history database
Manage operational incidence report and conduct periodic root cause analysis
Maintaining records of Credit insurance policies and claims
Serve as a liaison officer between risk vendors and the organization
Perform other ad-hoc functions as may be required.

Requirements

Bachelors Degree in Accounting, Finance, Mathematics, Statistics or related field required.
2-4 years experience in Enterprise Risk Management,Credit Underwriting, Collections, Quality control or Process improvement Team
Knowledge: They must possess a solid understanding of process, risk, and control design concepts and governance from an operational risk management or audit perspective, including knowledge of managing data / technology processes, or experience in risk mitigation within this field/industry
Experience working in relevant environment/s, i.e. Stress Testing experience working in a risk function commercial bank, or investment bank is desirable but not essential.

Competencies:
Technical:

Basic understanding of MFB operational guidelines.
Strong analytical skills
Conversant with MS Office, Tableau and SQL.

Behavioural:

Resourceful and great interpersonal skills
Must be able to learn, understand and apply new methodologies.
Have sense of urgency to complete tasks at hand.
Proactive and the ability to take initiative.
Self-motivated, decisive with the ability to adapt to change and competing demands.
Ability to multi-task and function under pressure with little or no supervision.
A team player.

Benefits