RISK MANAGER AT BEYOND CREDIT LIMITED | RISK MANAGER JOBS IN LAGOS

About Company:

A new way of supporting low scale businesses in Africa! Beyond Credit is a technology driven financial services company that provides insurance backed loans, business support and savings services to low scale businesses.

Job Description:

Beyond Credit Limited (BCL) is seeking a high-integrity, technically elite Chief Risk Officer (CRO) to lead our Enterprise Risk Management (ERM) function. This is a critical executive role responsible for the design and enforcement of a framework that protects BCL’s assets, earnings, and reputation. You will serve as the primary guardian of our risk appetite, ensuring that our micro-lending operations remain profitable while strictly adhering to CBN Prudential Guidelines and IFRS 9 standards. In the volatile and fast-paced Lagos business environment, you will be the bridge between aggressive growth and institutional stability, reporting directly to the Board Risk Committee.

Requirements:

1. Credit Risk & Portfolio Quality

• Policy Architecture: Design and enforce robust credit policies and lending limits tailored to SMEs and low-income entrepreneurs.

• Metric Monitoring: Provide daily oversight of Portfolio-at-Risk (PAR > 30, > 90), delinquency rates, and roll rates.

• Provisioning & Modeling: Oversee the loan loss provisioning process under IFRS 9 and develop validated credit scoring models for micro-loans.

• Concentration Risk: Analyze the portfolio for sectoral, geographic, and single-obligor concentration risks as per CBN mandates.

2. Operational & Strategic Risk Management

• Fraud & Mitigation: Implement aggressive controls to mitigate identity theft, loan diversion, and insider abuse within the Nigerian context.

• Resilience Planning: Oversee the Business Continuity (BCP) and Disaster Recovery (DRP) plans to ensure operations continue despite power instability or network outages.

• Compliance Oversight: Ensure 100% adherence to AML/CFT laws, the NDPC Act, and data protection regulations.

• Product Risk: Conduct risk assessments for all new products and digital lending strategies before market launch.

3. Liquidity, Market, & Regulatory Liaison

• Liquidity Management: Monitor daily liquidity positions to ensure compliance with CBN’s Liquidity Ratio and manage asset-liability mismatches.

• Macro-Analysis: Assess the impact of inflation and interest rate fluctuations on the MFI’s portfolio value.

• Regulatory Liaison: Act as the primary point of contact for CBN and NDIC examinations, ensuring the timely remediation of any audit findings.

Qualifications and Skills:

Education & Mandatory Certifications

• Degree: Bachelor’s degree in Finance, Accounting, Economics, or a related field (Master’s degree preferred).

• Mandatory Certification: Professional certification from the Risk Management Association of Nigeria (RIMAN) or Nigeria Risk Management Institute (NRMI).

• Preferred: ACIBN, FRM, or PRM certifications.

Experience & Regulatory Expertise

• Tenure: 5–7 years of progressive experience in risk management, with at least 3 years in a management role within a licensed Microfinance Bank.

• Deep Knowledge: Expert-level understanding of the CBN Regulatory Framework for MFBs, CBN Prudential Guidelines, and IFRS 9 implementation.

Core Competencies

• Analytical Prowess: Ability to interpret complex data to make high-stakes, data-driven decisions.

• Ethical Independence: Unquestionable integrity to withstand operational pressures and report risks objectively.

• Technological Savvy: Proficiency in Core Banking Systems (CBS) and advanced MS Excel. Knowledge of digital lending risks is a significant plus.

Salary

Application Closing Date: Not specified

Application Instructions:

Interested and qualified candidates should send their CV to: recruitment@beyondcredit.com.ng using the Job Title as the subject of the email.