Credit Risk Analyst Job at Strivo Labs

At Strivo Labs, we are passionate about helping businesses scale with speed and precision. We specialise in providing end-to-end digital solutions, from custom design and MVP development to automation and content creation.

We are recruiting to fill the position below:

Job Position: Credit Risk Analyst

Job Locations: Lagos

Job Objective

• We are seeking a detail-oriented and analytical Credit Risk Analyst with experience in e-commerce, payments, or financial services.
• The ideal candidate will be responsible for assessing creditworthiness, analyzing risk exposures, and developing models that enable the business to make informed, data-driven lending and transaction decisions.
• This role plays a critical part in safeguarding revenue, reducing losses, and ensuring regulatory compliance.

Key Responsibilities
Credit Assessment & Analysis:

• Conduct thorough credit assessments for individuals, merchants, and businesses.
• Analyze financial statements, transaction data, and behavioral trends to evaluate credit risk.
• Develop and maintain credit scoring models tailored to e-commerce and payment ecosystems.

Risk Monitoring & Reporting:

• Monitor portfolio performance and identify early warning signs of credit deterioration.
• Prepare risk reports, dashboards, and insights for management and regulatory purposes.
• Track key credit KPIs such as default rates, recovery performance, and portfolio health.

Policy & Process Development:

• Assist in designing and implementing credit risk frameworks, policies, and limits.
• Recommend adjustments to underwriting standards, lending criteria, and collection strategies.
• Ensure compliance with internal risk appetite and external regulatory requirements.

Cross-Functional Collaboration:

• Work closely with product, operations, compliance, and data teams to integrate risk controls.
• Provide insights on new product launches, merchant onboarding, and payment solutions.
• Partner with business development teams to balance risk with growth opportunities.

Data & Model Management:

• Utilize statistical models, credit scoring techniques, and predictive analytics to optimize credit decisions.
• Continuously improve data quality, risk parameters, and system efficiency.
• Support automation of credit processes and decision-making frameworks.

KPIs:

• Accuracy of credit risk assessments and models.
• Portfolio quality (e.g., default/delinquency rates).
• Speed and efficiency of credit decision-making.
• Compliance with regulatory and internal credit policies.
• Contribution to business growth while minimizing losses.

Qualifications

• Bachelor’s degree in Finance, Economics, Statistics, Data Science, or related field.
• 2–5 years of credit risk analysis experience, preferably in e-commerce, fintech, or financial services.
• Knowledge of credit scoring methodologies, regulatory guidelines, and risk models.
• Experience with risk management software and credit decisioning systems is an advantage.

Key Skills:

• Strong analytical and quantitative skills, with proficiency in Excel, SQL, or statistical tools.
• Solid knowledge of credit risk management within e-commerce, payments, or financial services.
• Familiarity with credit scoring, fraud detection, and portfolio monitoring.
• Strong communication and stakeholder engagement skills.
• Ability to work under pressure and manage multiple priorities.
• High integrity and attention to detail.

Method of Application
Interested and qualified candidates should send their CV, Salary expectations, and a short note on why they’re the right fit to: hiring@strivolabs.com using the Job Position as the subject of the mail.