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.) Cost Manager
Job Location: Lagos
Employment: Full-time
The Role
- We are looking for a Cost Manager to lead OPEX budgeting, cost control, and financial automation.
- You will drive plan fact analysis, cost allocations, and expense governance to enhance operational efficiency and reporting accuracy.
What You Will Do
- Lead annual and quarterly OPEX budgeting and challenge cost proposals while consolidating inputs.
- Perform plan fact variance analysis and monitor actual versus budget, reviewing outcomes with cost center owners.
- Maintain and improve cost allocation models.
- Enforce expense policies and monitor expenses.
- Identify inefficiencies, lead automation initiatives, and streamline workflows.
- Prepare cost reports, support audits, and ensure IFRS and GAAP compliance.
Requirements
What You Bring:
- Strong experience in OPEX budgeting, cost control, and expense governance.
- Proven ability to perform variance analysis and manage plan versus actuals.
- Experience maintaining and improving cost allocation models.
- Exposure to process automation and workflow improvement.
- Strong reporting skills with experience supporting audits and compliance.
- Good understanding of IFRS and GAAP.
- Strong stakeholder management and communication skills.
- High attention to detail and strong ownership mindset.
Benefits
What’s In It For You:
- Opportunity to own cost discipline and efficiency in a purpose driven fintech shaping the future of financial inclusion in Africa.
- High impact role with visibility across leadership and business teams.
- Collaborative, ambitious, and fast paced work environment.
- Competitive compensation and benefits.
Click here to apply online
2.) Junior Treasury Officer
Job Location: Lagos
Employment: Full-time
Description
- To support and manage Renmoney’s treasury activities, including liquidity management, funding, investments, and regulatory compliance, ensuring optimal funding cost, adequate liquidity buffers, and strict adherence to CBN regulations applicable to Microfinance Banks.
- The role supports Renmoney’s core business of consumer lending and financial services by ensuring stable funding, efficient cash deployment, and strong treasury governance.
Core Responsibilities
Liquidity & Funding Management
- Monitor daily cash positions across all Renmoney accounts
- Daily reconciliation and call over of all Bank accounts
- Booking of deposits
- Liquidations of deposits
- Maintenance of FD schedule with regular reconciliation to the system
- Support maintenance of adequate liquidity buffers in line with internal policy and CBN guidelines
- Sound and efficient relationship management with all internal stakeholders
- Support funding activities (bank lines, placements, borrowings)
- Assist in regulatory reporting and data collation
- Support deal execution under supervision
- Maintain treasury databases, trackers, and schedules
Treasury Operations:
- Execute and monitor treasury transactions
- Maintain deal tickets, confirmations, and transaction records
- Ensure accurate posting and reconciliation of treasury transactions
Regulatory & Compliance (CBN-Focused):
- Ensure compliance with internal treasury policies, approval limits, and delegation of authority
- Maintain audit-ready documentation for internal, external, and regulatory reviews
Risk Management & Controls:
- Identify and escalate liquidity, funding, market, and operational risks
- Ensure adherence to segregation of duties and internal control standards
Reporting & Analysis:
- Prepare the daily Treasury report
- Support budgeting, forecasting, and ALCO presentations
Requirements
- 2–5 years of experience in Treasury, Finance, Banking, or Financial Services
- Exposure to non-bank financial institutions or finance companies is an advantage
Qualifications
- Bachelor’s Degree in Finance, Accounting, Economics, Business Administration, or related field
Certifications:
- CIBN (Associate Member or in progress) – desirable
- Microfinance Certification Programme (MCP) – desirable
Skills & Competencies:
Analytical Skills:
- Strong numerical and data interpretation ability
- Basic understanding of liquidity ratios and funding structures
Technical & Computer Skills:
- Intermediate to advanced Microsoft Excel
- Working knowledge of PowerPoint and Word
- Familiarity with core banking or treasury systems
People Skills:
- Good communication and teamwork skills
- Willingness to learn and take guidance
Personal Attributes:
- Pays close attention to detail
- Integrity and compliance mindset
- Ability to work under pressure.
Click here to apply online
3.) Recovery Manager
Job Location: Lagos
Employment: Full-time
The Role
- The Recovery Manager is responsible for the overall performance of Non-Performing Loans (NPL) and Written-Off Recoveries, including exceeding monthly recovery targets, safeguarding portfolio quality, proactively addressing performance gaps, and fostering a high-performance recovery culture.
- This role is for operators who think in numbers and manage by data, are obsessed with targets, run rates, and gap closure, can balance firmness with customer empathy, take extreme ownership and deliver results under pressure, challenge inefficiency and raise the performance bar, and move fast, act decisively, and execute relentlessly.
Responsibilities
Target Ownership & Run-Rate Management:
- Deliver 100%+ of monthly NPL and written-off recovery benchmarks.
- Translate monthly targets into weekly and daily run-rate expectations.
- Identify deficits early and execute structured recovery sprints.
Performance Governance:
- Implement daily war-room reviews.
- Track PTP conversion rates, RPC rates, contactability, and agent productivity.
- Reallocate high-value accounts to top performers when necessary.
- Enforce strict accountability at Team Lead and Agent levels.
Strategy & Continuous Improvement:
- Design and execute data-driven recovery strategies.
- Lead portfolio segmentation (balance-based, risk-based, behavior-based).
- Improve PTP kept rates and reduce roll-forward rates.
- Introduce structured incentive models to drive productivity.
Team Leadership & Capability Building:
- Recruit, develop, and retain high-performing recovery talent.
- Coach Team Leads to operate with discipline and urgency.
- Build a performance culture where underperformance is corrected quickly.
Executive Reporting & Insight:
- Provide sharp, insight-led reporting to executive management.
- Forecast month-end outcomes based on real-time run rate.
- Highlight risks to profitability early and propose mitigation plans.
Requirements
Mandatory:
- HND or BSc in a relevant discipline.
- Minimum of 7+ years of experience in Recoveries (consumer lending or fintech preferred).
- Proven track record of consistently hitting or exceeding recovery targets.
- Strong analytical capability and data fluency.
Advantageous:
- Experience in digital collections platforms.
- Exposure to credit risk or portfolio analytics.
- Experience managing >20 collectors.
Core Competencies:
- Advanced negotiation and objection handling.
- Data-driven decision making.
- Strong execution discipline.
- Conflict resolution and escalation management.
- High emotional resilience under pressure.
- Clear and confident communication at all levels.
Click here to apply online
