Risk Control Manger Job Kenya

Nairobi, Kenya
January 22, 2024
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Job Description

About Us

PalmPay is a Pan-African fintech company currently operating in Nigeria, Ghana, Tanzania, and Kenya and expanding to other markets in 2024. We are reinventing the payment experience by making it easy and reliable for everyone to get Payment Services.

Job Purpose

The ideal candidate for this role is a strategic thinker with a strong background in credit risk management. They will lead the credit assessment team, ensuring accurate borrower evaluations, participate in decision-making, and monitor the credit portfolio. Responsible for formulating and updating credit policies, ensuring compliance with regulations, and providing risk training to employees. The candidate must stay attuned to market dynamics, adapting risk strategies to accommodate changes and maintain acceptable risk levels in credit activities. The candidate must have an in-depth understanding of the Kenyan financial market, regulations, and the company’s strategic goals to effectively manage credit risks.

Key Responsibilities:

  • Risk Strategy Formulation and Execution:

Develop the company’s credit risk management strategy, ensuring alignment with strategic goals. Supervise and execute the strategy to maintain acceptable risk levels in credit activities.

  • Credit Assessment and Decision-Making:

Lead the credit assessment team, ensuring accurate and thorough borrower credit evaluations. Participate in credit decision-making, providing professional advice.

  • Credit Portfolio Monitoring and Analysis:

Regularly monitor the company’s credit portfolio, utilizing data analysis tools to identify potential risks and providing timely risk reports. Formulate adaptive strategies for market and business changes.

  • Policy Formulation and Updates:

Formulate the company’s credit policies and promptly update them to adapt to market and regulatory changes. Ensure policy compliance and effectiveness.

  • Compliance and Audits:

Responsible for ensuring credit activities comply with relevant regulations. Assist in internal and external audits and compliance checks. Ensure transparency and legality in credit operations.

  • Risk Training and Education:

Provide training and education on credit risk management to employees at all levels within the company, ensuring understanding and compliance with relevant policies and procedures.

  • Market Sensitivity:

Stay attuned to market dynamics, flexibly adjusting risk strategies to accommodate changes.


  • Bachelor’s degree or higher in Finance, Economics, Accounting, or a related field.
  • Over 3 years of credit risk management experience in financial institutions or related fields, including team management experience.
  • In-depth understanding of the Kenyan financial market and regulations, excellent data analysis, and risk management skills.
  • Excellent communication and coordination skills, ability to collaborate with different teams and stakeholders.
  • Strong leadership skills, ability to motivate team members, and foster teamwork.



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