Risk & Credit Executive at iRecharge Tech-Innovations

Job Summary

• The role supports prudent lending decisions, strengthens the bank's enterprise risk framework, and promotes portfolio quality through effective credit analysis, risk monitoring, and process improvement.

Responsibilities:

• Review and assess loan applications, conduct credit analysis, and provide recommendations in line with the bank's credit policies and risk appetite.
• Monitor loan portfolio performance, identify early warning indicators, and support collections, recoveries, and loan restructuring to maintain asset quality.
• Identify, assess, and monitor credit, operational, and fraud risks while supporting the implementation of the bank's Enterprise Risk Management (ERM) framework.
• Maintain risk registers, monitor Key Risk Indicators (KRIs), and recommend appropriate risk mitigation strategies across business operations.
• Ensure compliance with CBN regulations, IFRS 9, AML/CFT requirements, and internal policies while supporting regulatory examinations and audit activities.
• Prepare periodic risk and credit reports, providing management with insights on portfolio performance, emerging risks, and control effectiveness.
• Collaborate with Operations, Technology, and Product teams to enhance digital lending processes, strengthen risk controls, and improve credit decision systems.
• Recommend and support process improvements and automation initiatives that enhance operational efficiency, credit quality, and risk management practices.

Requirements:

• Bachelor's degree in Finance, Accounting, Economics, Business Administration, or a related field. Professional certifications such as CIBN, ACA, CFA, FRM, PRM, or CAMS are an added advantage.
• Minimum of 5–7 years of experience in credit analysis, credit administration, or risk management within banking, fintech, or other financial services institutions.
• Proven experience managing loan portfolios, conducting credit assessments, and applying enterprise risk management principles.
• Strong knowledge of CBN regulations, IFRS 9, AML/CFT requirements, digital lending, and credit risk management frameworks.
• Demonstrated ability to prepare risk reports, monitor portfolio performance, and implement effective risk mitigation strategies.
• Strong analytical, problem-solving, communication, and stakeholder management skills, with proficiency in risk reporting and data analysis tools.
• Ability to make sound credit decisions and thrive in a fast-paced digital banking environment, with the leadership potential to grow into a senior management role.