Senior Risk Analyst - Android Lending

FairMoney is a pioneering mobile banking institution specializing in extending credit to emerging markets. Established in 2017, the company currently operates primarily within Nigeria, and it has secured nearly €50 million in funding from renowned global investors, including Tiger Global, DST, and Flourish Ventures. 

In alignment with its vision, FairMoney is actively constructing the foremost mobile banking platform and point-of-sale (POS) solution tailored for emerging markets. The journey began with the introduction of a digital microcredit application exclusively available on Android and iOS devices. Today, FairMoney has significantly expanded its range of services, encompassing a comprehensive suite of financial products, such as current accounts, savings accounts, debit cards, and state-of-the-art POS solutions designed to meet the needs of both merchants and agents. FairMoney thrives on its diverse workforce, bringing together talent from over 27 nationalities. This multicultural team drives the company’s mission of reshaping financial services for underserved communities.To gain deeper insights into FairMoney’s pivotal role in reshaping Africa’s financial landscape, we invite you to watch informative video.

The role

We are hiring a Senior Risk Analyst to own a material credit-strategy workstream within FairMoney’s Android lending portfolio in Nigeria.

This is not a monitoring-only or reporting-only role. It is a hands-on, P&L-impacting credit strategy and succession role.

Job Responsibilities

1. Workstream economics and planning

• Own the end-to-end performance of your assigned Android workstream
• Build a prioritised strategy and delivery roadmap aligned to the Android annual business plan
• Own the relevant workstream assumptions, monthly forecast and corrective actions
• Review budget-versus-actual performance and explain material variances
• Manage the relevant approval, disbursal, exposure, revenue, risk-adjusted Gross Profit, ECL, FPD, roll-rate, PAR, NPL, customer-value and recoverability metrics
• Identify material risk, economic leakage and profitable growth opportunities
• Quantify expected impact, implementation requirements, dependencies and downside risks

2. Credit strategy and experimentation

Depending on your mandate, you may design and improve:

• Eligibility, requalification and rejected-customer re-entry
• PD cut-offs and calibration
• Offers, exposure limits, pricing and tenure
• DTI, affordability and income-source treatment
• Top-Up and Consolidation eligibility
• Repeat-customer growth and customer-lifecycle strategy
• High-risk treatments and policy overlays
• Customer routing and graduation logic

3. Production implementation and controls

• Translate recommendations into decision-engine rules, parameters and implementation requirements
• Work directly with SQL, analytical code and decision logic where needed
• Define replay, back-testing, validation and testing requirements
• Review implementation logic for unintended policy or model interactions
• Define staged rollout, monitoring and rollback plans
• Monitor strategies after release and take corrective action where performance differs from expectation
• Maintain clear documentation, policy versioning and decision traceability

4. Cross-functional delivery and governance

You will work closely with the Android portfolio leadership team, Decision Science, Engineering, Product, Growth, Finance, Portfolio Economics, Collections, Fraud, Compliance, Legal, Operations and Customer Service.

• Write clear analytical and implementation briefs
• Define owners, milestones and expected economic impact
• Manage dependencies actively and escalate blockers with options
• Operate within agreed risk appetite, budgets and delegated authority
• Scale, pause, modify or roll back controlled strategies within your mandate
• Escalate decisions outside authority or with material legal, regulatory or customer-conduct implications

5. Senior individual-contributor leadership and succession

• Be the recognised owner of your assigned workstream
• Set its roadmap, forecast, scorecard and operating cadence
• Review peer analysis and improve analytical and implementation standards
• Mentor other analysts where required
• Document critical policy, model and decision-engine knowledge
• Reduce key-person dependency
• Represent your workstream in senior forums
• Deputise for the Lead Risk Manager, Portfolio Owner or designated workstream lead when required
• Build the judgement and breadth required to progress into broader portfolio ownership

1. Workstream economics and planning

• Own the end-to-end performance of your assigned Android workstream
• Build a prioritised strategy and delivery roadmap aligned to the Android annual business plan
• Own the relevant workstream assumptions, monthly forecast and corrective actions
• Review budget-versus-actual performance and explain material variances
• Manage the relevant approval, disbursal, exposure, revenue, risk-adjusted Gross Profit, ECL, FPD, roll-rate, PAR, NPL, customer-value and recoverability metrics
• Identify material risk, economic leakage and profitable growth opportunities
• Quantify expected impact, implementation requirements, dependencies and downside risks

For this role, economic profit means revenue less Expected Credit Loss, funding costs, customer-acquisition costs, fraud losses, servicing and collections costs, and any agreed direct operating or capital/liquidity charges.

2. Credit strategy and experimentation

Depending on your mandate, you may design and improve:

• Eligibility, requalification and rejected-customer re-entry
• PD cut-offs and calibration
• Offers, exposure limits, pricing and tenure
• DTI, affordability and income-source treatment
• Top-Up and Consolidation eligibility
• Repeat-customer growth and customer-lifecycle strategy
• High-risk treatments and policy overlays
• Customer routing and graduation logic

You will conduct rigorous cohort, vintage, funnel and segment analysis; distinguish genuine credit movements from data or operational noise; and design controlled experiments with valid controls, maturity windows and rollback conditions.

Your output must be a clear scale, hold, iterate or stop recommendation—not only a dashboard or analytical finding.

3. Production implementation and controls

• Translate recommendations into decision-engine rules, parameters and implementation requirements
• Work directly with SQL, analytical code and decision logic where needed
• Define replay, back-testing, validation and testing requirements
• Review implementation logic for unintended policy or model interactions
• Define staged rollout, monitoring and rollback plans
• Monitor strategies after release and take corrective action where performance differs from expectation
• Maintain clear documentation, policy versioning and decision traceability

You do not need to be a software engineer, but you must understand how credit strategy reaches production and drive delivery through to measured impact.

4. Cross-functional delivery and governance

You will work closely with the Android portfolio leadership team, Decision Science, Engineering, Product, Growth, Finance, Portfolio Economics, Collections, Fraud, Compliance, Legal, Operations and Customer Service.

You will:

• Write clear analytical and implementation briefs
• Define owners, milestones and expected economic impact
• Manage dependencies actively and escalate blockers with options
• Operate within agreed risk appetite, budgets and delegated authority
• Scale, pause, modify or roll back controlled strategies within your mandate
• Escalate decisions outside authority or with material legal, regulatory or customer-conduct implications

5. Senior individual-contributor leadership and succession

• Be the recognised owner of your assigned workstream
• Set its roadmap, forecast, scorecard and operating cadence
• Review peer analysis and improve analytical and implementation standards
• Mentor other analysts where required
• Document critical policy, model and decision-engine knowledge
• Reduce key-person dependency
• Represent your workstream in senior forums
• Deputise for the Lead Risk Manager, Portfolio Owner or designated workstream lead when required
• Build the judgement and breadth required to progress into broader portfolio ownership

• 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

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