MKOBO is a fully licensed Microfinance bank by the Central Bank of Nigeria (CBN) in Lagos, Nigeria. MKOBO was conceived to help solve consumers’ need for access to short-term emergency credit. Our goal is to provide access to short-term unsecured loans, which is easily accessible. We cater to the demography currently undeserved by the Commercial banks in our aim to help increase the financial inclusion of the Nigerian population.
We are recruiting to fill the position below:
Job Title: Credit and Risk Officer
Location: Lagos
Job type: Full-time
Job Description
- To identify, assess, monitor, and mitigate the Bank’s credit and operational risks through effective risk management policies, internal controls, and regulatory compliance, while overseeing AML, fraud prevention and detection, enterprise risk management, and business continuity.
Responsibilities
- Monitor the business development for emerging risks and recommend policies and procedures to improve the risk management process
- Developing methods to generate a robust system to identify, monitor, manage and control credit, market and operational risks. ∙ Facilitate the identification, assessment, measurement, monitoring, controlling and reporting the level of risk.
- Work with Unit Head to provide support, education and training to staff in order to create and increase risk awareness
- Ensures proper documentation of credits by adhering to set documentation standards and procedures
- Ensure the approved credit framework and recommend credit approval limits in line with banks’ policy is adhered
- Analysis and appraisal of Individual credit requests in accordance with approved policies and procedures to ensure that credit exposures are created subject to stipulated guidelines
- Conduct periodic stress tests and scenario analysis, assessing the impact to the Bank’s credit portfolio and make appropriate recommendations to senior management for appropriate action
- Review and analyze the delinquent portfolio to identify key causal factors, make recommendations and track them to ensure adequate and timely closure
- Monitor violations of credit policies, provide analysis, conclusion and recommendations, present findings to senior management and suggest actions/penalties to be taken when appropriate.
- Prepare timely, comprehensive and reliable credit risk reports to senior management and board on a regular basis
Requirements
- BSc in Accounts, Finance, Economics or related subjects
- 3-4 years experience in a similar role
- Minimum of two (2) years’ experience in a similar role at a MFB or Financial institution
- Awareness of emerging and innovative credit risk assessment specifically social scoring, alternative credit scoring and big data analytics tools.
Application Closing Date
31st December, 2026.
How to Apply
Interested and qualified candidates should:
Click here to apply online
Posted on Mon 09th Nov, 2026 –