Job Openings at Renmoney

Renmoney - We are a passionate team determined to challenge the status quo and make financial inclusion count for the millions of under-banked individuals and small business owners in Nigeria. We provide loans, savings, and fixed deposit solutions to our customers. Our vision is to be the most convenient lending company, delivering outstanding service experiences.

We are recruiting to fill the following positions below:

1.) Reconciliation Associate

Job Location: Ikoyi, Lagos
Job Type: Full Time

Job Description

• Perform daily review of bank statements to identify outstanding transactions and ensure resolution of reconciling items between the bank statements and the core applications.
• Reconcile transaction settlement from the payment processing companies and the settlement value by the partner banks.
• Ensure that all transactions on behalf of clients are properly recorded and captured in the relevant core applications by carrying out daily reviews.
• Prepare monthly bank reconciliation reports on all transaction’s activities.
• Continue process improvement initiatives and recommendation of solutions that would improve service delivery, eliminate errors, reduce costs, and optimize account reconciliation.
• Perform all other related duties as assigned to meet the needs of the organization.

Requirements

• Bachelor's Degree in Accounting or related field
• Minimum of two (2) years of experience in accounting or business management role in the Banking Industry.
• Excellent written and verbal communication skills.
• Certification in Accounting (added advantage).

Click here to apply online

2.) Risk Policy and Infrastructure Analyst

Job Location: Lagos
Employment Type: Full-time

Job Description

• Credit Policy formulation and strategy - Responsible for tracking success metrics and monitoring compliance to credit policy.
• Use analytical techniques to provide insight into key portfolios and segment trends.
• Improve the credit risk strategy to ensure the business operates within its agreed Risk Appetite and customers are treated fairly.
• Work with the data science team to review emerging trends and recommend areas for investigation, support with scorecard deployments and performance.
• Work with Products and other stakeholders to design strategy & loan process flows, ensure proper implementation and automation of credit actions and process changes.
• Provide support to business and process lines on risk identification, assessment, mitigation- identify procedures and scenarios for quality controls, spot areas for improvement to enhance the product's efficiency.

Requirements

• Industry-specific knowledge on lending/credit with a minimum of 3 years experience
• Knowledge of MySQL
• Knowledge of Javascript and Python
• Previous experience in use of Provenir or other credit decision engine.

Click here to apply online

3.) Manager, Card Issuing and Operations

Job Location: Lagos
Employment Type: Full-time

Job Description
Product Strategy and Innovation:

• Craft a visionary product strategy for Renmoney's card issuance suite, factoring in market dynamics, customer insights, competitive analysis, and regulatory requirements.
• Champion innovation by proactively identifying new products, features, and partnerships that create market differentiation and deliver unparalleled customer value.

Cross-Functional Leadership:

• Build strong partnerships with technology, operations, marketing, customer support, risk management, compliance, and other relevant teams to ensure flawless product execution.
• Demonstrate exceptional communication skills to align cross-functional efforts, resolve potential roadblocks, and drive overall success.

Product Development and Launch:

• Collaborate closely with technology and third-party partners (like Wema Bank and Interswitch) throughout the product development cycle. This includes requirement definition, feature prioritization, testing, and launch.
• Champion compliance by ensuring card products adhere strictly to security standards, industry regulations, and Renmoney's internal policies.

Market Intelligence and Customer Centricity:

• Proactively research market trends, competitor strategies, and evolving customer preferences. Leverage this knowledge to make informed product roadmap decisions.
• Maintain an unwavering focus on customer experience. Collect and analyze customer feedback to drive continuous improvement of card products and services.

Risk Management and Security:

• Work in close partnership with risk management and fraud prevention teams to develop and implement robust strategies that safeguard both customers and Renmoney.
• Stay abreast of emerging fraud threats and proactively implement countermeasures to protect cardholder assets and Renmoney's reputation.

Operational Excellence and Performance:

• Define and monitor critical KPIs to assess card product performance, customer adoption, and overall business impact.
• Ruthlessly identify inefficiencies and drive process improvements, ensuring optimal operational efficiency for card issuing and support areas.

Path to Independence:

• Actively contribute to Renmoney's plan to become an associate member of the Mastercard card program. Assist in evaluating requirements, building capabilities, and ensuring a smooth transition.

Requirements

• Education: Bachelor's Degree in Business, Finance, Technology, or a related field. Advanced Degree (MBA) preferred.

Experience:

• 7-10 years of progressively responsible experience in card issuing within a bank, fintech, or relevant payment services company.
• Proven track record of success in product management, product launch, and operational management within the card payments industry.

Knowledge and Skills:

• Deep understanding of the Nigerian payments landscape, including regulations, card associations, processors, and key players.
• Familiarity with Mastercard's associate membership program and its requirements is a strong asset.
• Outstanding analytical, problem-solving, and decision-making abilities.
• Exceptional leadership and influencing skills, with the ability to motivate and collaborate across teams.
• Entrepreneurial mindset with a bias toward action and results-driven execution.

Click here to apply online