Credit Risk Officer at Pennylender in Yaba - Sabo, Lagos

Position Overview

As a Risk Officer, you will be in charge of recognizing, evaluating, and mitigating risks linked to our lending initiatives. You will play a main responsibility in safeguarding the organization’s loan project sample, making sure adherence with organizational guidelines and compliance obligations, and supporting a risk-conscious culture.

Primary duties

• Carry out risk evaluations on loan applications and endorse authorizations or rejections based on creditworthiness.
• Track the loan project sample to identify advance notice signs of default or exposure.
• Formulate and execute risk regulate frameworks, credit rules, and internal standardized processes.
• Evaluate borrower conduct, repayment practices, and elevated-risk segments to mentor credit plans.
• Explore and prevent fraud by verifying borrower recordkeeping and financial record.
• Ensure full adherence with compliance obligations, which includes KYC, AML, and credit bureau status updates.
• Work alongside recovery and collections teams to evaluate and oversee delinquent accounts.
• Coordinate with sales and site agents to guarantee compliance to credit risk guidelines.
• Preserve precise records and organize consistent risk documentation for management.
• Head or engage in risk capacity-building plans for internal teams.
• Advance an environment that fosters adherence, responsibility, and in charge lending procedures.

Qualifications & Credentials

• Bsc in Finance, Risk mitigation strategy, Accounting, Economics, or a relevant field.
• 3+ years of expertise in a credit risk or lending processes position, ideally in microfinance, financial technology, or banking.
• Sound comprehension of credit evaluation, risk regulates, and legal adherence.
• Robust logical, investigation, and strategic judgment competencies.
• Competence in Excel and analytics platforms; expertise with loan management software will be an added advantage.
• Clear articulation and people skills.
• Accreditation in Risk mitigation strategy or Credit Evaluation (e.g., CRM, FRM) is a plus.

Our offerings

• N200,000 - N250,000 monthly. 
• Health perks and transport stipend
• Career progression and development avenues
• A cooperative, creative organizational culture.