Risk Officer Job at a reputable Bank

A fast-growing Microfinance Bank is currently recruiting suitably qualified candidates to fill the position below:

Job Position: Risk Officer

Job Location: Allen / Ikeja, Lagos
Employment Type: Full-time

Job Objective

  • To ensure that all staff, particularly operations staff diligently comply with the operational risk guidelines, policies and procedures to mitigate the bank’s risk exposure.
  • This is largely achieved as they coordinate the activities of the regional monitoring teams

Job Description

  • Evaluate customers' loan applications in line with the bank's credit policy.
  • Identify critical risks in credit requests and provide advice on how requests can be restructured in line with the bank’s risk appetite
  • Has relevant experience in analyzing consumer and SME loans.
  • Organization of credit committee.
  • Portfolio management & reporting.
  • Create innovative credit evaluation processes and systems.
  • Evaluate clients for creditworthiness based our internal risk models & their application information.
  • Weed out fraudulent applications, and unreliable applicants.
  • Check Facility Letters and Loan Agreements and scrutinize the signed documents to ensure the correctness of the contracts.
  • Continuously ensure alignment/compliance to the credit risk management framework.
  • Continuously analyze and recommend improvement on credit risk management framework, processes and systems.


  • A first degree in Economics, Finance or any other discipline
  • Minimum of 4years microfinance bank experience
  • Good knowledge of accounting and relevant lending ratios.
  • Analytical skills
  • Good communications
  • Good reporting skills

Method of Application
Interested and qualified candidates should send their Cover Letter and Resume to: careers@ibilemfb.com with the subject stated as "Risk Officer".

Click here to Apply