About the Role
Source Microfinance Bank is seeking a dedicated and experienced Risk Manager to join our growing team. In this pivotal role, you will champion our Enterprise Risk Management (ERM) framework, oversee credit and operational risks, and ensure strict compliance with Central Bank of Nigeria (CBN) regulations. If you possess a strong background in digital banking and risk mitigation, we invite you to help us safeguard our financial health while delivering exceptional customer service.
Key Responsibilities- Develop and maintain the Bank's Enterprise Risk Management framework and risk register.
- Monitor loan portfolio quality, reviewing PAR, delinquency trends, and credit proposals.
- Identify operational risk exposures, conduct RCSA, and enforce effective internal controls.
- Prepare periodic risk reports for Management, Board Committees, and regulators.
- Ensure full compliance with CBN regulations, prudential guidelines, and industry standards.
- Coordinate Business Continuity Management, disaster recovery planning, and information security.
- Conduct risk awareness training to promote a strong risk culture across all organizational levels.
- Minimum of 5-8 years of experience in Risk Management, Credit Risk, Internal Control, Audit, or Compliance.
- Demonstrated experience in a digital banking environment with a strong understanding of digital loan products, sales, and collections.
- Relevant professional certification such as CIBN (MCP) is highly preferred, or a commitment to obtain it within the first year.
- In-depth knowledge of CBN stipulated ratios, standards, and reporting guidelines.
- Proficiency in Microsoft Office, accounting tools, and core banking solutions.
- Startup experience is an added advantage.
- Excellent verbal, written communication, and presentation skills.
- Competitive salary and performance-based incentives.
- Comprehensive health insurance coverage.
- Opportunities for professional development and career advancement.
- A collaborative and innovative work environment in the financial sector.