Risk & Credit Executive

About the Role

The Risk & Credit Executive is responsible for supporting the bank's risk management and credit administration functions by assessing credit applications, monitoring portfolio performance, identifying and mitigating risks, and ensuring compliance with regulatory and internal requirements. 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.

Key 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.

Required Qualifications

• 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.