CREM is a service provider in the areas of Research & Development, Learning & Development, Consulting, Entrepreneurship Solutions, and Outsourcing Services across Nigeria and Africa.
We equip Organization’s Human Resources with skills, competencies and performance improving capacities. CREM is driven by People, Process, Technology and Service to enhan...
Read more about this company
As a Financial Risk Analyst, you will play a pivotal role in ensuring the stability and sustainability of our microfinance operations. This position offers an exciting opportunity to work in a dynamic sector, making a meaningful difference in the lives of our clients and communities.
Key Responsibilities
Analyzing financial metrics such as capital adequacy, liquidity ratios, and profitability metrics every month to identify potential risk
Developing and maintaining detailed financial risk models, stress scenarios, and methodologies to evaluate the effectiveness of risk management strategies.
Developing and maintaining policies, procedures, and government frameworks for managing financial risks.
Conducting comprehensive risk assessments to identify credit, market, and operational risks associated with microfinance activities.
Analyzing financial statements, credit reports, and other relevant data to evaluate the creditworthiness of microfinance clients.
Collaborate with cross-functional teams to develop and implement risk management strategies for microfinance products.
Stay abreast of regulatory changes in the microfinance industry and ensure compliance with relevant standards.
Preparing financial risk reports for senior management.
Qualifications
Bachelor's Degree in Finance, Economics, or a related field. Professional certification is advantageous.
Minimum of 5 years of experience in financial risk analysis, preferably within the Microfinance sector.
In-depth understanding of microfinance products, credit assessment, and risk modeling.
Knowledge of financial risk management practices applicable to the Microfinance sector
A good understanding of regulatory requirements relating to financial risk management.
Strong analytical skills and proficiency in risk management tools and methodologies.
Effective communication skills, with the ability to convey complex information to various stakeholders.