Credit Risk Manager Job at PalmPay in Ikeja, Lagos (2026)

Overview of PalmPay Limited

PalmPay is a financial service provided by PalmPay Limited, which is licensed and regulated by the Central Bank of Nigeria (CBN). Deposits are insured by the Nigerian Deposit Insurance Corporation (NDIC). The company offers individuals and businesses payment solutions, high-yield investment opportunities, and easy-to-use tools for financial management.

PalmPay operates in Nigeria, Ghana, Tanzania, and the United Kingdom. The company is now recruiting an experienced professional to lead its SME credit underwriting function in Ikeja, Lagos.

Position: Credit Risk Manager

The Credit Risk Manager will lead the credit underwriting function for SME loans. The goal is high-quality credit decisions that follow the company’s credit policies and risk appetite.

The role involves overseeing the underwriting team, reviewing complex credit applications, and managing portfolio quality. The Credit Risk Manager will work with the Risk, Verification, and Collections teams to minimize credit losses while supporting sustainable business growth.

Quick Facts

• Job Title: Credit Risk Manager
• Company: PalmPay Limited
• Location: Ikeja, Lagos
• Employment Type: Full-time
• Industry: Financial Services / Fintech
• Salary: ₦800,000 monthly gross
• Application Deadline: 10th October, 2026

Job Summary

The Credit Risk Manager will supervise the credit underwriting team and make sure SME loan decisions are accurate and timely. They will also monitor portfolio quality and work with other departments to reduce default rates.

Key Responsibilities for This Credit Risk Manager Job

• Lead and supervise the Credit Underwriting team, ensuring timely and accurate credit decisions.
• Review and approve SME loan applications in line with the company’s credit policy and risk framework.
• Assess complex credit proposals, financial statements, cash flow, and business performance.
• Monitor portfolio quality, identify emerging credit risks, and recommend mitigation strategies.
• Work closely with Field Verification, Collections, Sales, and Risk teams to improve loan quality and reduce default rates.
• Develop and implement underwriting standards, policies, and process improvements.

Requirements & Qualifications for This Credit Risk Manager Job

• A Bachelor’s Degree in Finance, Accounting, Economics, Business Administration, or a related field.
• 5 to 8 years’ experience in credit underwriting, credit risk management, or SME lending.
• Previous experience in banking, fintech, digital lending, or microfinance is mandatory.
• Sound understanding of SME credit analysis, financial statement analysis, and lending policies.
• Excellent leadership, stakeholder management, and report-writing skills.
• Professional certifications such as ACIB, ACA, ACCA, CFA, FRM, CRCMP, or related risk or credit certifications are an added advantage.

Why This Credit Risk Manager Job in Ikeja Stands Out

This role offers:

• A leadership position over a credit underwriting team
• A stated monthly gross salary of ₦800,000
• The chance to work with a CBN-licensed financial company with operations in four countries
• Close collaboration with the Risk, Verification, Collections, Sales, and Field teams

If you’re among job seekers looking for credit risk, underwriting, or banking roles in Lagos State, this PalmPay opening is worth applying to.

How to Apply for This Credit Risk Manager Job

Interested and qualified candidates should send their CV to: 📧 otumunye.flourish@flexi-bank.com

Use “Credit Risk Manager” as the subject of your email.

Application Deadline: 10th October, 2026

Frequently Asked Questions About This Credit Risk Manager Job

Q: What qualifications are needed for this Credit Risk Manager job?
A: Candidates need a Bachelor’s Degree in Finance, Accounting, Economics, Business Administration, or a related field, plus 5 to 8 years’ experience in credit underwriting, credit risk management, or SME lending.

Q: Where is this Credit Risk Manager job located?
A: The role is based in Ikeja, Lagos.

Q: What is the salary for this role?
A: The listing states a monthly gross salary of ₦800,000.

Q: Is banking or fintech experience required?
A: Yes. Previous experience in banking, fintech, digital lending, or microfinance is listed as mandatory.

Q: Is a professional certification required?
A: No. Certifications such as ACIB, ACA, ACCA, CFA, FRM, or CRCMP are listed as an added advantage, not a requirement.

Q: How do I apply, and when is the deadline?
A: Send your CV to the email address above with “Credit Risk Manager” as the subject line, before 10th October, 2026.

Looking for more banking and finance jobs in Lagos State? Check here.

Before applying, make sure your CV clearly highlights your credit underwriting or risk management experience, your SME credit analysis and financial statement skills, any team leadership experience, and any professional certifications.

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