Position Title: Risk Analyst/Risk Associate Location: Lagos, Nigeria (Hybrid) Department: Enterprise & Risk Management Reports To: ERM, Manager
About Us Rivy (Formerly Payhippo (YC 21)) is enabling clean energy transition in Nigeria. We provide seamless finance to end-users, installers, and operators of clean energy equipment through our proprietary credit engine. We are committed to building innovative solutions that transform the way the industry operates and focused on providing exceptional products and services to our customers.
The Role
The Risk Analyst/Risk Associate will support the Enterprise Risk Management arm of the organization towards developing risk management strategies to safeguard the company’s interests while ensuring compliance with regulatory requirements.
Job Responsibilities
Operational & Process Risk: Assist in identifying process gaps and control weaknesses across the lending lifecycle (origination, disbursement, collections).
Risk Report & Analytics: Assist in analyzing loan applications and assess borrower risk using internal and external data sources (KYC, credit bureaus, AML, sanctions).
Participate in risk assessment, control testing and reporting with actionable insights.
Fraud Risk Management: Monitor fraud detection rules and redflags. Collaborate with collections and operations teams to prevent fraud-related incidences.
Loan Monitoring: Monitor violations of credit and risk policies, provide analysis, conclusion and recommendation.
Regulatory & Compliance Support: Ensure adherence to internal policies and procedures
Support compliance with regulatory requirements (NFIU, NDPR).
Collaboration & Stakeholder Engagement: Work closely with Credit, Collections, Sales, Product and finance teams to improve risk outcomes.
Undertake all such other roles and responsibilities as may be assigned from time to time and participate in risk management training to enhance knowledge, practice and compliance across board.
Qualifications
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Proven experience in risk management within the financial services industry (2-3 years).
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Preferably, experience in a Fintech environment.
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Strong understanding of financial markets, credit analysis, and risk assessment methodologies
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Excellent analytical and problem-solving skills
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Knowledge of regulatory requirements and compliance standards
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Strong communication and follow-up skills
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Basic knowledge of Microsoft Excel or Google Sheets
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Ability to work in a fast-paced environment and handle multiple tasks
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High level of integrity and attention to detail
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Willingness to learn and take initiative
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Candidate must reside in Lagos
What We Offer:
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A dynamic and engaging work environment.
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Competitive pay and staff benefits.
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Opportunity to work with a passionate and dedicated team.
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Continuous professional development and training opportunities.
