Credit, Risk & Internal Control Manager at Mkobo Microfinance Bank Limited

MKOBO is a fully licensed Microfinance bank by the Central Bank of Nigeria (CBN) in Lagos, Nigeria. MKOBO was conceived to help solve consumers’ need for access to short-term emergency credit. Our goal is to provide access to short-term unsecured loans, which is easily accessible. We cater to the demography currently undeserved by the Commercial banks in our aim to help increase the financial inclusion of the Nigerian population.

We are recruiting to fill the position below:

Job Title: Credit, Risk & Internal Control Manager

Location: Yaba, Lagos

Description

• The primary purpose of this position centers on ensuring the Bank’s risks are properly monitored and managed.
• The individual will also be responsible for the development and implementation of systems, policies and procedures aimed at mitigating identified risks, including devising strategies or programs in order to find appropriate balance in all forms of credit and operational risks while also ensuring regulatory compliance. 
• The position covers the following areas; 
  • Risk Management (credit and non-credit risk) 
  • AML (Anti Money Laundering) 
  • Enterprise Risk Management 
  • Fraud Prevention and detection
  • Business Continuity 
  • Compliance

Responsibilities

• Planning, designing implementing & managing the overall risk management process for the bank bydeveloping the risk management framework, policies, processes, procedures and reporting standards thatdefine the bank’s risk strategy and appetite in line with its overall business objectives
• Monitor the business development for emerging risks and recommend policies and procedures to improve the risk management process.
• Facilitate the identification, assessment, measurement, monitoring, controlling and reporting the level of risks
• Act as the champion of risk management for the Company and help improve Management team understanding of key risk identification, assessment, monitoring and reporting and mitigation
• Analysis and appraisal of Individual credit requests in accordance with approved policies and procedures to ensure that credit exposures are created subject to stipulated guidelines.
• Review and analyse the delinquent portfolio to identify key causal factors, make recommendations and track them to ensure adequate and timely closure
• Develop appropriate Risk Management strategies/tools and disseminate appropriate risk management practices in line with developments in business products, change in clients, markets/industry, laws and regulations

Requirements

• B.Sc in Accounts, Finance, Economics or related subjects
• Post graduate degree and/or professional qualification added advantage
• Minimum of 5 years’ experience in a similar role
• Completion Microfinance Certification program (MCP)
• Minimum of five (5) years’ experience in a similar role at a MFB or Financial institution.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online