Credit Risk Manager at FairMoney

About the Role

• You will be working as our Nigeria's Credit Risk Manager in the Risk department and will be responsible for driving the growth of our portfolio in Nigeria.
• Your mission is to ensure portfolio performance according to the company OKR's, offering the best-tailored credit services to as many clients as possible.
• Your goal is to build FairMoney as a Tier 1 digital lender in Nigeria and you will be a key Business Partner to achieve the same.
• As the Credit Risk Manager for the Nigerian business, you will lead a team that plays a critical role in managing FairMoney ability to grow in the market. As such you will be considered as a key stakeholder and contributor in all decisions revolving around the business and product strategies.

Responsibilities

• Own the main portfolio metrics - default rates, acceptance rates and profitability
• Drive the decision of new risk product updates in terms of product offerings and underwriting funnel improvements - Work closely together with the Product and Engineering team on improvements for the lending product
• Build, improve and maintain the credit risk policy for Nigeria that will allow to grow the portfolio according to company OKRs - Communicate the performance results with the respective stakeholders
• Keep up to date with the company’s lending protocols
• Benchmarking current risk practices against those stipulated within business units
• Implementing the best possible methodologies in improving the credit performance, considering the risk associated, yet offering the prime credit facility
• Own the structuring and hiring of a Risk Analysis and Data Science team as well as their agenda
• Mentoring and coaching talents, scaling up the team as and when required.

Requirements

• 5 to 7 years experience with exposure to Fintech / retail banking credit risk (consumer loans) / NBFCs
• Expert in credit risk analysis/underwriting principles, methods, and practices
• Proficient SQL user, reasonable experience with BI tools like Tableau, PowerBI or similar
• Strong quantitative analysis experience
• Strong attention to detail and ability to notice discrepancies in data
• Impeccable understanding of financial statements, ratios, and concepts
• Strong communication skills
• Strong people management skills

Benefits

• Private Health Insurance
• Pension Plan
• Training & Development
• Hybrid work
• Paid Time Off