As the Risk Manager at Digaf Microfinance, you will be responsible for establishing, implementing, and maintaining a robust risk management framework tailored to the Fintech and microfinance industry. Your role ensures the company's sustainability, regulatory compliance, and strategic growth by identifying, assessing, and mitigating risks in a dynamic and technology-driven financial environment.

Key Responsibilities

1. Risk Governance and Framework

• Develop and implement a comprehensive risk management framework aligned with the Fintech and microfinance sector's needs.

• Establish risk policies, procedures, and controls to safeguard the company’s assets, customers, and reputation.

• Define and regularly review the company’s risk appetite in collaboration with the Board of Directors.

2. Risk Identification and Assessment

• Identify and assess risks across operational, financial, credit, regulatory, technology, and market domains.

• Evaluate risks associated with digital lending platforms, mobile money services, and blockchain-based systems.

• Conduct due diligence and risk assessments on partnerships with technology providers and service vendors.

3. Risk Mitigation and Controls

• Design and implement risk mitigation strategies and controls to address identified risks.

• Work closely with IT teams to manage cybersecurity risks, fraud prevention, and data breaches.

• Monitor credit risk exposure and assess borrower creditworthiness to minimize loan defaults.

4. Compliance and Regulatory Oversight

• Ensure full compliance with national regulations, including central bank guidelines and microfinance-specific policies.

• Stay updated on emerging regulations affecting Fintech and microfinance sectors.

• Coordinate audits and inspections by internal, external, and regulatory bodies.

5. Monitoring and Reporting

• Develop key risk indicators (KRIs) and dashboards to monitor risks effectively.

• Provide periodic risk reports to the CEO, Board of Directors, and stakeholders, highlighting trends and recommendations.

• Oversee stress testing and scenario analysis to prepare for adverse events.

6. Culture and Training

• Foster a risk-aware culture within Digaf Microfinance by conducting training and awareness programs.

• Equip teams with tools and knowledge to identify and manage risks effectively.

Job Requirements

Required Qualifications and Skills

Educational Background

• Bachelor’s degree in Finance, Risk Management, Economics, Business Administration, or related fields.

• Advanced degree (MBA, MSc) or certifications (e.g., PRM, FRM, CRISC) preferred.

Professional Experience

• 5+ years of experience in risk management within Fintech, microfinance, or financial services.

• Proven expertise in managing credit risk, operational risk, and technology risk in a digital financial ecosystem.

Technical Skills

• Knowledge of microfinance operations, digital lending, mobile banking, and related financial technologies.

• Familiarity with risk management tools and software.

• Strong understanding of compliance requirements, including AML/CFT regulations, and data privacy laws.

Soft Skills

• Analytical and strategic thinker with excellent problem-solving skills.

• Strong communication and stakeholder management abilities.

• Proactive, detail-oriented, and capable of working under pressure.

How to Apply

Interested candidates should send their CV and a cover letter detailing their relevant experience to [hr@digafcredit.com] by [January  13 ,2025]. Please use "Risk Manager and Compliance Manager" as the subject line.

DIGAF Microfinance is an equal-opportunity employer committed to diversity and inclusion. We encourage applications from all qualified individuals, including those from underserved communities.