Financial Risk Analyst at CREM Nigeria Limited – Lagos, Nigeria

January 29, 2024

Job Description

Position Overview

  • As a Financial Risk Analyst, you will play a pivotal role in ensuring the stability and sustainability of our microfinance operations. This position offers an exciting opportunity to work in a dynamic sector, making a meaningful difference in the lives of our clients and communities.

Key Responsibilities

  • Analyzing financial metrics such as capital adequacy, liquidity ratios, and profitability metrics every month to identify potential risk
  • Developing and maintaining detailed financial risk models, stress scenarios, and methodologies to evaluate the effectiveness of risk management strategies.
  • Developing and maintaining policies, procedures, and government frameworks for managing financial risks.
  • Conducting comprehensive risk assessments to identify credit, market, and operational risks associated with microfinance activities.
  • Analyzing financial statements, credit reports, and other relevant data to evaluate the creditworthiness of microfinance clients.
  • Collaborate with cross-functional teams to develop and implement risk management strategies for microfinance products.
  • Stay abreast of regulatory changes in the microfinance industry and ensure compliance with relevant standards.
  • Preparing financial risk reports for senior management.

Qualifications

  • Bachelor’s Degree in Finance, Economics, or a related field. Professional certification is advantageous.
  • Minimum of 5 years of experience in financial risk analysis, preferably within the Microfinance sector.
  • In-depth understanding of microfinance products, credit assessment, and risk modeling.
  • Knowledge of financial risk management practices applicable to the Microfinance sector
  • A good understanding of regulatory requirements relating to financial risk management.
  • Strong analytical skills and proficiency in risk management tools and methodologies.
  • Effective communication skills, with the ability to convey complex information to various stakeholders