FairMoney is looking for a Data Analyst – Collection and Risk to join its dynamic team in Lagos. If you have experience in credit risk, analytics, and collection strategy, this could be an exciting next career step for you.
About FairMoney
Established in 2017, FairMoney is a mobile banking institution focused on extending credit to emerging markets, with its primary operations in Nigeria. Backed by global investors like Tiger Global and DST, FairMoney aims to make lending more accessible through technology and innovation. With offices in France, Germany, Türkiye, Nigeria, and beyond, FairMoney is expanding its reach and impact in the world of digital lending.
Job Title: Data Analyst – Collections & Risk
Location: Lagos (Hybrid)
Employment Type: Full Time
Job Summary
As a Data Analyst – Collections & Risk, your primary mission will be to drive portfolio performance by analyzing data and helping develop strategies that optimize the collections process.
This role is crucial to FairMoney’s vision of becoming a top-tier digital lender in Nigeria.
You will be part of a key team that contributes to the business and product strategy decisions.
Roles and Responsibilities
As a Collections & Risk Analyst, you will:
- Develop Collections Strategy: Assist in creating strategies for improving the collections process to enhance recovery rates.
- Optimize Collections Models: Design, plan, and optimize new and existing collections models and campaigns.
- Data Analysis: Utilize extensive data sets to perform in-depth analytics and propose solutions that can improve overall collections performance.
- Monitor Performance Metrics: Track and own metrics such as recovery rates, roll rates, and collections operational metrics to ensure the collections process is efficient.
- Collaborate with Operations Team: Work closely with the Collections Operations team to ensure alignment and effective execution.
- Performance Communication: Regularly communicate key performance indicators and other findings to stakeholders across the organization.
- Optimize Recoveries: Design and implement experiments aimed at improving collections performance and recoveries.
What You Need to Succeed
FairMoney is looking for a driven and analytical individual with the following qualifications:
- Experience: At least 2 years of experience in fintech, retail banking credit risk, or NBFCs, particularly in consumer loans and collections.
- Credit Risk Knowledge: Expertise in credit risk analysis, underwriting principles, and best practices.
- SQL Proficiency: Experience working with SQL and BI tools like Tableau, PowerBI, or similar platforms.
- Quantitative Skills: Strong quantitative analysis experience is a must for this role.
- Detail-Oriented: Ability to identify discrepancies in data and resolve issues promptly.
- Financial Understanding: A deep understanding of financial statements, ratios, and core financial concepts.
- Strong Communication: Excellent communication skills, both written and verbal, to share data-driven insights with stakeholders effectively.
Why Work at FairMoney?
FairMoney offers a rewarding career experience with ample opportunities for growth. Here’s what you can look forward to:
- Hybrid Work Environment: Enjoy flexibility with a mix of remote and on-site work.
- Professional Development: FairMoney is committed to helping its employees grow, offering various training and development programs.
- Collaborative Team: Be part of a team that’s shaping the future of fintech in Nigeria and beyond.
Application Process
Interested and qualified candidates can apply by clicking here. The recruitment process includes:
- Screening Interview: A 30-minute interview with a Senior Recruiter to assess your background and interest in the role.
- Technical Assessment: A hands-on technical task to evaluate your analytical skills.
- Technical Interview: A 45-60 minute interview with the Lead Risk Manager to discuss your approach to credit risk, collections, and data analysis.