FairMoney Recruitment for Risk Management Officer

FairMoney Recruitment for Risk Management Officer


FairMoney Recruitment for Risk Management Officer

FairMoney Recruitment- FairMoney is recruiting qualified candidates to fill the position of a Management Officer. Interested persons should kindly apply below.

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

Job 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.
  • He/She shall report to the Head of Credit Risk

Roles & Responsibilities

  • 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.
  • Qualifications and Requirements
    • Bachelor’s 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.
    • Basic understanding of MFB operational guidelines.
    • Strong analytical skills
    • Conversant with MS Office, Tableau and SQL.
    • 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.


    • Private Health Insurance.
    • Pension Plan.
    • Training & Development.
    • Performance Bonus.

    Application Closing Date
    Not specified.

    Method of Application
    Interested and qualified candidates should:
    Click here to apply online

    Recruitment Process

    • A screening call with the Senior Recruiter -30 minutes.
    • A Case Study – 72 hours.
    • Technical interview with the hiring manager ~30 minutes.FairMoney Recruitment for Risk Management Officer


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