Risk Manager at Alan & Grant

Job Summary

• The Risk Manager will lead credit risk assessment for every debt and RBF transaction the company originates, and oversee the fund's enterprise risk framework.
• You will bring the rigour of a banking risk function to an impact-focused SME fund independently challenging deals, sizing exposures, and ensuring the portfolio stays within risk appetite.

Key responsibilities

• Independently review every credit memo, performing full credit analysis on each prospective debt and RBF transaction, including cash-flow stress testing and scenario analysis.
• Own the internal risk rating methodology and maintain risk ratings across the portfolio on a rolling basis.
• Present independent risk opinions to the Investment Committee on each transaction — with authority to escalate concerns.
• Develop and maintain the company's risk appetite framework, concentration limits, sector caps, and country exposure limits.
• Lead enterprise risk management across credit, operational, compliance, FX, and liquidity risk; maintain the risk register and report to the Board.
• Design the provisioning and expected credit loss (ECL) model for the portfolio.
• Work with the Portfolio Monitoring Manager to run portfolio-level stress tests and early-warning analytics

Requirements

• 5–10 years of credit risk experience, with a strong foundation in commercial, corporate, or SME banking risk.
• Proven micro-level credit analysis skills — you can independently size and rate a debt transaction from raw financials.
• Experience with debt transactions is essential; exposure to non-traditional instruments (RBF, mezzanine, trade finance) is a strong plus.
• Familiarity with Basel II/III frameworks, IFRS 9 ECL modelling, and CBN prudential requirements.
• Bachelor's degree in Finance, Economics, Accounting, or related field; FRM, CFA, or professional accounting qualifications strongly preferred.
• Demonstrated ability to hold an independent view and push back constructively on investment teams.
• Experience in a DFI, impact fund, or microfinance institution is a plus