# Lead Risk Manager & Portfolio Owner > FairMoney · India (Remote) · — · Posted 2026-08-04 **Workplace:** remote **Department:** Risk ## Description 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](https://www.youtube.com/watch?v=qJAvPHdpRD0). ### The role We are hiring a **Lead Risk Manager & Portfolio Owner** to run FairMoney’s Android Quick Loans portfolio in Nigeria. Android is a mature, high-volume and strategically important lending portfolio. This is a **mini-CEO role for the portfolio**: you will be the delegated day-to-day owner of its commercial, economic, risk and people outcomes. **Job Description** ### Portfolio economics and business planning - Own Android revenue, sustainable Gross Loan Book growth, risk-adjusted Gross Profit, economic profit and credit-risk performance - Build and own the annual Android business plan and strategic roadmap - Produce the monthly portfolio forecast and maintain a clear bridge between actual performance, budget and prior forecast - Diagnose material variances and drive corrective actions with clear owners and deadlines - Manage Expected Credit Loss, ECL/Revenue, approval and disbursal rates, Average Loan Size, tenure, exposure, FPD, roll rates, PAR, NPL, repeat value and CAC payback - Partner with Finance and Portfolio Economics on loan-level and customer-level NPV, funding efficiency and performance attribution ### End-to-end Android credit strategy Own and continuously improve strategy across: - **New-to-Bank:** low-and-grow origination, first-loan ticket, tenure, pricing and risk controls - **Returning:** repeat eligibility, behavioural strategy, offer construction and exposure growth - **Top-Ups and Internal Consolidation:** eligibility, incremental exposure, pricing, conversion and post-event risk - **High-risk segments:** risk-box clean-up, pricing, short-tenure treatment and exposure caps - **Rejected-customer re-entry:** controlled requalification using risk, affordability and alternative data You will own the commercial application of PD cut-offs and calibration, pricing, offers, tenure, exposure limits, affordability, income-source treatment, fraud overlays, MBS treatments and customer-routing logic. ### Affordability, experimentation and production delivery - Help formalise and operationalise Android affordability using bank-statement/MBS signals, transaction behaviour, SMS-derived estimates, declared income and repayment history - Translate affordability into amount, tenure, price, exposure, Top-Up and Consolidation decisions - Design controlled A/B, multivariate and champion/challenger tests with explicit hypotheses, maturity windows, success measures and rollback triggers - Measure full unit economics rather than only early risk metrics - Translate strategy into decision-engine rules, parameters and implementation requirements - Own replay, back-testing, validation, staged rollout, monitoring and post-implementation review - Drive cross-functional dependencies through to production rather than stopping at analysis ### Delegated decision rights Within agreed appetite, budgets and authority, you will be empowered to: - Prioritise and sequence the Android portfolio roadmap - Approve and launch controlled experiments within agreed thresholds - Scale, pause, modify or roll back strategies against predefined evidence and guardrails - Reallocate team capacity across Android workstreams - Escalate and resolve delivery blockers You will escalate decisions that exceed delegated financial or risk thresholds, change company-level risk appetite, create material legal or customer-conduct implications, or materially affect another portfolio. ### Team and cross-functional leadership - Build and lead a senior Android credit-strategy team with clear workstream ownership - Establish strong weekly and monthly portfolio rhythms - Develop credible workstream owners and at least one portfolio deputy - Reduce key-person dependency through documentation, controls and repeatable processes - Work closely with Decision Science, Product, Engineering, Growth, Finance, Portfolio Economics, Collections, Fraud, Compliance, Legal, Operations and Customer Service - Mobilise these partners around clear briefs, owners, timelines and expected economic impact ## Requirements - 6+ years in consumer credit risk, credit strategy or lending portfolio management - Proven ownership of a material lending portfolio or product line, including revenue, GLB, risk and profitability - Experience building annual business plans, monthly forecasts and corrective action plans - Strong digital unsecured-lending experience; Nigerian or broader African-market experience is strongly preferred - Advanced understanding of PD, LGD, EAD, vintages, roll rates, IFRS 9/ECL, pricing, offers, tenure, exposure, affordability and NPV - Strong SQL capability and comfort with Python or equivalent analytical tooling - Experience translating credit strategy into decision-engine rules and controlled production changes - Evidence of building senior teams, developing successors and leading complex cross-functional delivery - Strong executive communication and the confidence to challenge decisions with evidence ## Benefits - 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 ## Apply [Apply at FairMoney](https://apply.workable.com/fairmoney/j/A922F33517/apply) --- Powered by [Workable](https://www.workable.com)