Job Vacancy: Risk Control Manager (Merchant Loan) Job at PalmPay

Advertisement

Job Vacancy: Job title: Risk Control Manager (Merchant Loan) Job at PalmPay

Job description: PalmPay is a pan-African Fintech company currently operating in Nigeria, Ghana, Kenya, Uganda, and Tanzania and expanding to other markets this year. We are reinventing the payments experience by making it easy and reliable for everyone to transfer money, pay bills and shop online.

We are recruiting to fill the position below:

Job Position: Risk Control Manager (Merchant Loan)

Job Location: Ikeja, Lagos

Job type: Full-time

Responsibilities

Advertisement

• Develop and implement comprehensive risk management strategies and processes for merchant loans to ensure the effective control of risks throughout the loan issuance process.
• Create and maintain risk assessment models for merchant loans, including in-depth credit evaluations and assessments of repayment capacity for merchants.
• Design and implement a robust risk monitoring system for merchant loans, generating regular risk reports and effectively communicating the risk status to management.
• Collaborate cross-functionally with multinational teams to ensure compliance with relevant regulations and internal risk management guidelines.
• Establish and oversee standards for reviewing merchant loan applications, guiding the risk assessment and decision-making during the approval process.
• Continuously monitor and analyze the asset quality of merchant loans, proactively identifying and addressing loan delinquencies and defaults.
• Periodically evaluate the effectiveness of risk management strategies for merchant loans, making necessary adjustments and optimizations in response to market changes and regulatory requirements.

Requirements

• Bachelor’s Degree or higher in Finance, Risk Management, Statistics, or a related field (preferred).
• Over 5 years of professional experience in risk management and loan review, with a strong understanding of merchant loan products and industry dynamics.
• Exceptional communication and teamwork skills, enabling effective collaboration with individuals from various departments and at all organizational levels.
• Familiarity with relevant financial market regulations and a strong sense of risk awareness and compliance.
• Proficiency in data analysis and processing, including the use of risk assessment tools and models.
• Strong problem-solving abilities and adaptability, capable of effectively handling emergencies and risk events even under pressure.

Location: Ikeja, Lagos State

Job date: Fri, 27 Oct 2023 02:32:48 GMT

Apply for the job now!