Job Title: Risk Management Officer

Industry: Microfinance Banking | Financial Services

Reports To: Head, Risk Management / Senior Management

Location: Nigeria

Work Structure: Full-Time | Onsite

Remuneration: ₦350,000 – ₦500,000 Monthly Gross

Client Overview
Our client is a growing financial institution providing tailored financial solutions designed to meet the personal and business needs of its customers. The organization offers a range of banking and financial services focused on improving financial inclusion, supporting businesses, and delivering accessible and customer-focused financial solutions.

Role Summary
Our client is seeking a proactive and analytical Risk Management Officer to identify, assess, monitor, and mitigate key risks across the organization. The role will support effective risk governance, strengthen internal controls, monitor credit and operational exposures, and provide management with timely insights to support sound business decisions.

Key Responsibilities

Risk Identification & Assessment

• Identify and assess credit, operational, financial, compliance, and emerging risks across business activities.
• Conduct periodic risk assessments and reviews to identify control weaknesses and potential exposures.
• Maintain accurate risk registers and ensure identified risks are properly documented, rated, and monitored.
• Monitor key risk indicators and escalate significant or emerging risks to management.

Risk Mitigation & Controls

• Develop and recommend practical risk mitigation strategies to reduce identified exposures.
• Review existing controls and recommend improvements to strengthen risk management and operational efficiency.
• Monitor compliance with approved risk policies, procedures, limits, and control frameworks.Follow up on identified control weaknesses and ensure agreed corrective actions are implemented.

Credit & Operational Risk

• Monitor credit activities and portfolio performance to identify early warning signals and potential areas of concern.
• Review operational processes and transactions to identify risks that could result in financial loss, service disruption, or regulatory breaches.
• Investigate significant risk incidents, operational losses, policy violations, and control failures.
• Collaborate with Credit, Operations, Finance, Compliance, and Internal Audit teams to resolve identified risk issues.

Risk Reporting & Governance

• Prepare periodic risk reports, dashboards, and management updates highlighting key exposures, trends, and mitigation actions.
• Support the development and continuous improvement of the organization's risk management framework.
• Provide risk input into new products, processes, partnerships, and major business initiatives.
• Support regulatory reviews, internal assessments, and risk-related audits by providing relevant documentation and analysis.

Requirements

EducationBachelor's Degree in:

• Accounting, Finance, Risk Management, Economics, Business Administration Or a related discipline.
• Relevant professional certification in Risk Management, Enterprise Risk Management, or Financial Risk is an added advantage.

Experience

• 4–6 years of relevant experience in risk management, internal audit, compliance, credit risk, banking, or financial services.
• Practical experience in risk identification, assessment, monitoring, and mitigation.
• Experience working with risk registers, control frameworks, risk reports, and management dashboards.
• Good understanding of financial services operations, internal controls, and regulatory requirements.
• Strong ability to analyze financial and operational information and identify potential areas of exposure.

Technical Competencies

• Risk Assessment & Monitoring
• Credit Risk Management
• Operational Risk Management
• Internal Controls
• Risk Reporting & Analysis
• Regulatory Compliance
• Risk Mitigation
• Enterprise Risk Management
• Microsoft Excel
• Risk Registers & Dashboards

Core Competency

Risk Analysis & Governance — ability to identify emerging exposures, evaluate their potential business impact, and recommend practical controls and mitigation measures that support sound governance and sustainable business operations.