Lead Risk Manager – Portfolio Owner

Job not on LinkedIn

🔥 43 minutes ago

🌐 India, Nigeria, +1 more countries – Remote

🇮🇳 India – Remote 🇳🇬 Nigeria – Remote 🇿🇦 South Africa – Remote

⏰ Full Time

🟠 Senior

🎲 Risk

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FairMoney

WebsiteLinkedInAll Job Openings

201 - 500 employees

💳 Fintech

👥 B2C

🏦 Banking

💰 Seed Round on 2018-11

Fintech • B2C • Banking

FairMoney is a leading fintech company that aims to build a mobile bank for the global market, focusing on aiding the financial needs of the next 2 billion internet users. As the most downloaded fintech app in Nigeria, FairMoney provides a variety of financial services including personal and business loans, savings accounts, bill payment, and card services. The company has over 5 million users in Nigeria and disburses over 15,000 loans daily. FairMoney's offerings include high-interest savings options like FairSave and FairLock, and convenient loan services with quick approval and no collateral required. The company enhances financial accessibility and management for its users, enabling them to achieve their life and business goals through innovative fintech solutions.

📋 Description

• Own Android revenue, sustainable Gross Loan Book growth, risk-adjusted Gross Profit, economic profit and credit-risk performance • Build and own the annual Android business plan and strategic roadmap • Produce monthly portfolio forecasts and bridge actual performance, budget and prior forecast • Diagnose material variances and drive corrective actions • Manage credit and portfolio metrics including ECL/Revenue, approval and disbursal rates, loan size, tenure, exposure, FPD, roll rates, PAR, NPL, repeat value and CAC payback • Partner with Finance and Portfolio Economics on NPV, funding efficiency and performance attribution • Own and continuously improve end-to-end Android credit strategy for new, returning, top-up, consolidation, high-risk and rejected-customer segments • Apply PD cut-offs and calibration, pricing, offers, tenure, exposure limits, affordability, income-source treatment, fraud overlays, MBS treatments and customer-routing logic • Operationalise affordability using bank-statement/MBS signals, transaction behaviour, SMS-derived estimates, declared income and repayment history • Design and measure controlled A/B, multivariate and champion/challenger tests • Translate strategy into decision-engine rules and production implementation requirements • Own replay, back-testing, validation, staged rollout, monitoring and post-implementation review • Prioritise the portfolio roadmap and approve, scale, pause, modify or roll back controlled experiments • Reallocate team capacity and resolve delivery blockers within delegated authority • Build and lead a senior Android credit-strategy team • Establish portfolio operating rhythms, develop workstream owners and a portfolio deputy • Reduce key-person dependency through documentation, controls and repeatable processes • Lead cross-functional delivery with Decision Science, Product, Engineering, Growth, Finance, Portfolio Economics, Collections, Fraud, Compliance, Legal, Operations and Customer Service

🎯 Requirements

• 6+ years in consumer credit risk, credit strategy or lending portfolio management • Proven ownership of a material lending portfolio or product line, including revenue, GLB, risk and profitability • Experience building annual business plans, monthly forecasts and corrective action plans • Strong digital unsecured-lending experience; Nigerian or broader African-market experience strongly preferred • Advanced understanding of PD, LGD, EAD, vintages, roll rates, IFRS 9/ECL, pricing, offers, tenure, exposure, affordability and NPV • Strong SQL capability and comfort with Python or equivalent analytical tooling • Experience translating credit strategy into decision-engine rules and controlled production changes • Evidence of building senior teams, developing successors and leading complex cross-functional delivery • Strong executive communication and confidence to challenge decisions with evidence

🏖️ Benefits

• 25 days paid vacation, Sick & Public Holidays to B2B contractors. • Remote (timezone must have significant overlap with CET). • Training & Development budget. • Paid company business trips