Risk Officer at Simple Finance Limited

Simple Finance Limited is a credit solutions service that solves financial challenges for individuals in Nigeria, using technology. SimpleFi is focused on providing easy loans without collateral, managing investment opportunities and making easy and secure payment transfers.

Job Title: Risk Officer

Location: Victoria Island, Lagos

Employment Type: Full-time

Job Description

• Develop and implement risk management strategies, policies, and procedures tailored to the unique needs of a fintech environment.
• Identify, assess, and prioritize risks across the company’s operations, including financial, operational, compliance, and technology risks.
• Conduct risk assessments for new products, services, and partnerships to ensure alignment with company risk appetite and regulatory requirements.
• Design and implement risk mitigation strategies to minimize the impact of identified risks on the company’s operations and reputation.
• Develop key risk indicators (KRIs) and metrics to monitor risk levels and ensure timely reporting to senior management.
• Ensure compliance with applicable laws, regulations, and industry standards, including those specific to the fintech sector.
• Stay informed about changes in regulatory requirements and best practices, advising the company on necessary adjustments.
• Liaise with regulatory bodies and external auditors, providing necessary documentation and responding to inquiries.
• Develop and maintain an incident management framework for identifying, reporting, and resolving risk events.
• Conduct root cause analyses of incidents and implement corrective actions to prevent recurrence.
• Prepare and present risk reports to the board, senior management, and other stakeholders, highlighting key risks and mitigation efforts.
• Work closely with cross-functional teams, including finance, operations, IT, and legal, to ensure comprehensive risk management.
• Develop and deliver risk management training programs to educate teams on risk awareness, policies, and procedures.
• Provide risk-based insights and recommendations to support strategic planning and decision-making.
• Analyze market trends and emerging risks, advising on potential impacts and opportunities for the company.

Qualifications

• Bachelor’s Degree in Finance, Risk Management, Business Administration, or a related field. A master’s degree or professional certification (e.g., FRM, PRM, ICAN, or similar certifications) is a plus.
• Minimum of 4 years’ cognate experience
• Proven experience in risk management, preferably within the fintech or financial services industry.
• Strong understanding of risk management principles, practices, and regulatory requirements, particularly those relevant to fintech.
• Experience with risk assessment methodologies, risk control frameworks, and compliance management.

Application Closing Date
30th November, 2024.

How to Apply
Interested and qualified candidates should send their CV to: careers@simplefin.ng using the job title as the subject of the email.