Remote opportunity at
FairMoneyLead Risk Manager & Portfolio Owner
FairMoney, a mobile banking institution founded in 2017 with operations primarily in Nigeria and funding from global investors such as Tiger Global, DST, and Flourish Ventures,…
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About This Role
FairMoney, a mobile banking institution founded in 2017 with operations primarily in Nigeria and funding from global investors such as Tiger Global, DST, and Flourish Ventures, is hiring a Lead Risk Manager & Portfolio Owner. The company serves underserved communities with a diverse team representing over 27 nationalities, providing financial products that include microcredit, current accounts, savings, debit cards, and POS solutions. This is a remote position where the selected…
Job Description
FairMoney, a mobile banking institution founded in 2017 with operations primarily in Nigeria and funding from global investors such as Tiger Global, DST, and Flourish Ventures, is hiring a Lead Risk Manager & Portfolio Owner. The company serves underserved communities with a diverse team representing over 27 nationalities, providing financial products that include microcredit, current accounts, savings, debit cards, and POS solutions.
This is a remote position where the selected candidate acts as a mini-Chief Executive Officer for the Android Quick Loans portfolio in Nigeria. The individual will direct day-to-day commercial, economic, risk, and people outcomes for this high-volume lending line. Responsibilities include business planning, economic forecasting, managing credit strategy across new and returning customer segments, operationalizing affordability through data signals, designing controlled experiments, and driving execution through cross-functional collaboration with engineering, product, and finance teams.
This role suits experienced consumer credit professionals who possess deep digital unsecured-lending expertise, strong technical capabilities in SQL and Python, and a proven history of managing lending portfolios and leading senior teams. Candidates must operate within a time zone that has significant overlap with Central European Time.
Responsibilities
- Manage Android revenue, sustainable Gross Loan Book growth, risk-adjusted Gross Profit, economic profit, and credit-risk performance
- Produce monthly portfolio forecasts and maintain a bridge between actual results, budgets, and prior projections
- Oversee Expected Credit Loss, approval rates, disbursal rates, average loan sizes, tenures, and default metrics
- Design and optimize end-to-end credit strategies covering new-to-bank origination, returning customers, top-ups, high-risk segments, and rejected customer re-entry
- Operationalize affordability using bank statements, transaction behavior, SMS data, and declared income
- Execute controlled A/B, multivariate, and champion/challenger tests with defined metrics and rollback triggers
- Translate credit strategies into decision-engine rules and manage backend implementation
- Build and lead a senior Android credit-strategy team while establishing regular portfolio review rhythms
- Partner cross-functionally with product, engineering, finance, legal, compliance, and collections teams
Requirements
- Minimum of 6 years of professional experience in consumer credit risk, credit strategy, or lending portfolio management
- Demonstrated ownership of a lending portfolio or product line encompassing revenue, loan books, risk, and profitability
- Practical digital unsecured-lending experience
- Proficiency in SQL alongside comfort using Python or comparable analytical tools
- Demonstrated capability in translating credit strategy into decision-engine rules and production changes
- Experience building senior teams and leading complex cross-functional execution
Qualifications
- Previous professional experience within the Nigerian market or broader African market
Core Skills
Benefits
- 25 days of paid vacation along with sick and public holidays for B2B contractors
- Training and development budget
- Paid company business trips
Frequently Asked Questions
Answers are based only on the employer’s listing; where it doesn’t say, neither do we.
Is this job remote?
Yes, the role is remote, but the posting specifies that the candidate's time zone must have significant overlap with Central European Time (CET).
What are the primary experience requirements for this role?
Applicants must have at least 6 years of experience in consumer credit risk, credit strategy, or lending portfolio management, including proven ownership of a lending portfolio and strong digital unsecured-lending experience.
What is the recruitment process for this position?
The hiring process starts with a screening interview with a talent acquisition team member, followed by a business case study technical interview with the Global Head of Android Lending, and concludes with a final interview featuring the Chief Credit Officer.
What benefits are provided?
Contractors receive 25 days of paid vacation, sick and public holidays, a training and development budget, and paid company business trips.
Sample Interview Questions
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