About the Role
Mkobo Microfinance Bank Limited is seeking a dedicated and analytical Credit and Risk Officer to join our dynamic team in Lagos, Nigeria. Licensed by the Central Bank of Nigeria (CBN), Mkobo is committed to transforming short-term emergency credit and enhancing financial inclusion for the underserved Nigerian population. In this role, you will play a critical part in identifying, assessing, and mitigating credit, market, and operational risks while supporting our mission to provide accessible, unsecured financial solutions.
Key Responsibilities- Monitor business development for emerging risks and recommend effective policies to enhance the risk management framework.
- Develop robust methodologies to identify, monitor, manage, and control credit and operational risks.
- Analyze and appraise individual credit requests in strict accordance with approved bank policies and procedures.
- Ensure proper documentation of credits by adhering to established standards and regulatory guidelines.
- Review and analyze the delinquent portfolio to identify root causes, recommend corrective actions, and track timely resolution.
- Conduct periodic stress tests and scenario analyses to assess the impact on the credit portfolio and report findings to senior management.
- Collaborate with the Unit Head to provide risk awareness training and education to internal staff.
- Prepare comprehensive, timely, and reliable credit risk reports for the board and senior management.
- Bachelor's degree in Accounting, Finance, Economics, or a related discipline.
- Minimum of 3 to 4 years of professional experience in risk management or credit analysis.
- At least 2 years of specific experience within a microfinance bank (MFB) or financial institution.
- Familiarity with emerging credit risk assessment tools, including alternative credit scoring, social scoring, and big data analytics.
- Strong analytical, problem-solving, and decision-making skills with high attention to detail.
- Exceptional communication and reporting capabilities.
- Competitive salary and performance-based incentives.
- Comprehensive health insurance coverage.
- Opportunities for professional development and continuous learning.
- A collaborative, innovative, and inclusive work environment.