Lead Risk Manager & Portfolio Owner (Remote)  Remote

FairMoney Nigeria is building the leading mobile bank for emerging markets. We started with a digital microcredit application on Android, and currently roll out additional financial services (current account, savings, debit card) while expanding the product to Western Africa and South-East Asia. We are  recruiting to fill the position below:

 Job Title: Lead Risk Manager & Portfolio Owner

Location: Remote The role

We are hiring a Lead Risk Manager & Portfolio Owner to run FairMoney’s Android Quick Loans portfolio in Nigeria. Android is a mature, high-volume and strategically important lending portfolio. This is a mini-CEO role for the portfolio: you will be the delegated day-to-day owner of its commercial, economic, risk and people outcomes.

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 the monthly portfolio forecast and maintain a clear bridge between actual performance, budget and prior forecast Diagnose material variances and drive corrective actions with clear owners and deadlines Manage Expected Credit Loss, ECL/Revenue, approval and disbursal rates, Average Loan Size, tenure, exposure, FPD, roll rates, PAR, NPL, repeat value and CAC payback Partner with Finance and Portfolio Economics on loan-level and customer-level NPV, funding efficiency and performance attribution.

End-to-end Android credit strategy

New-to-Bank: low-and-grow origination, first-loan ticket, tenure, pricing and risk controls Returning: repeat eligibility, behavioural strategy, offer construction and exposure growth Top-Ups and Internal Consolidation: eligibility, incremental exposure, pricing, conversion and post-event risk High-risk segments: risk-box clean-up, pricing, short-tenure treatment and exposure caps Rejected-customer re-entry: controlled requalification using risk, affordability and alternative data

You will own the commercial application of PD cut-offs and calibration, pricing, offers, tenure, exposure limits, affordability, income-source treatment, fraud overlays, MBS treatments and customer-routing logic.

Affordability, experimentation and production delivery:

Help formalise and operationalise Android affordability using bank-statement/MBS signals, transaction behaviour, SMS-derived estimates, declared income and repayment history Translate affordability into amount, tenure, price, exposure, Top-Up and Consolidation decisions Design controlled A/B, multivariate and champion/challenger tests with explicit hypotheses, maturity windows, success measures and rollback triggers Measure full unit economics rather than only early risk metrics Translate strategy into decision-engine rules, parameters and implementation requirements Own replay, back-testing, validation, staged rollout, monitoring and post-implementation review Drive cross-functional dependencies through to production rather than stopping at analysis.

Within agreed appetite, budgets and authority, you will be empowered to:

Prioritise and sequence the Android portfolio roadmap Approve and launch controlled experiments within agreed thresholds Scale, pause, modify or roll back strategies against predefined evidence and guardrails Reallocate team capacity across Android workstreams Escalate and resolve delivery blockers

You will escalate decisions that exceed delegated financial or risk thresholds, change company-level risk appetite, create material legal or customer-conduct implications, or materially affect another portfolio.

Team and cross-functional leadership:

Build and lead a senior Android credit-strategy team with clear workstream ownership Establish strong weekly and monthly portfolio rhythms Develop credible workstream owners and at least one portfolio deputy Reduce key-person dependency through documentation, controls and repeatable processes Work closely with Decision Science, Product, Engineering, Growth, Finance, Portfolio Economics, Collections, Fraud, Compliance, Legal, Operations and Customer Service Mobilise these partners around clear briefs, owners, timelines and expected economic impact.

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 is 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 the confidence to challenge decisions with evidence.

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.

Not Specified. How to Apply

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 Recruitment Process:

A screening interview with one of the members of the Talent Acquisition team. Business Case Study Technical interview with Global Head of Android Lending Final Interview with Chief Credit Officer.