Risk Manager at Beyond Credit Limited

Role Summary

This position involves developing, implementing, and overseeing a comprehensive Enterprise Risk Management (ERM) framework that identifies, assesses, monitors, and mitigates all material risks threatening the institution's assets, earnings, capital, and reputation.

The Risk Manager ensures Beyond Credit Limited operates within the risk appetite set by the Board and remains compliant with the stringent regulations of the Central Bank of Nigeria (CBN).

Credit Risk Management

• Design and enforce robust credit policies, procedures, and lending limits tailored to the BCL target market (SMEs, low-income entrepreneurs, groups)
• Analyze the portfolio for concentration risk (sectoral, geographic, single-obligor) as per CBN Prudential Guidelines
• Develop and validate credit scoring models for retail and micro-loans
• Monitor portfolio quality metrics including Portfolio-at-Risk (PAR > 30 days, > 90 days), delinquency rates, and roll rates
• Oversee the loan loss provisioning process, ensuring adequacy and compliance with IFRS 9

Operational Risk Management

• Identify and map key operational risks including fraud, internal process failures, IT/system failures, and legal risks
• Implement controls to mitigate fraud prevalent in the Nigerian context (e.g., identity theft, loan diversion, insider abuse)
• Ensure robust Business Continuity Plans (BCP) and Disaster Recovery Plans (DRP) are in place, addressing local challenges such as flooding, power instability, and network outages
• Oversee branch operations risk, cash management, and transaction processing risks

Liquidity & Market Risk Management

• Monitor daily liquidity positions and comply with CBN's Liquidity Ratio and other statutory requirements
• Manage the mismatch between assets and liabilities
• Assess the impact of market variables such as interest rate fluctuations and inflation on the institution's operations