Kuda: CRMS Officer

About Kuda

Kuda, meaning ‘love’ in Shona, is more than a fintech company; it’s a movement dedicated to making financial services accessible, affordable, and truly rewarding for every African. With over $100 million in backing from world-class investors, Kuda is building a smarter alternative to traditional banking, providing seamless money transfers, business banking, and instant credit access, all managed through your device. At Kuda, we foster a culture of collaboration, shared growth, boundary-pushing innovation, and a daily commitment to improvement. If you are driven by purpose, excited by impact, and ready to help redefine the future of finance in Africa, you’ll find a welcoming home here.

Role Overview

The CRMS Officer will be instrumental in the administration, monitoring, and regulatory reporting for all facilities within the Central Bank of Nigeria Credit Risk Management System (CBN-CRMS). This role ensures the accurate processing of CRMS references, timely regulatory updates, adherence to CBN requirements, and effective management of CRMS reporting obligations across the Bank’s credit portfolio. Additionally, the role supports the Bank’s credit risk governance framework through precise portfolio reporting, data integrity management, and regulatory engagement, ensuring compliance with both the CBN CRMS and Global Standing Instruction (GSI) frameworks.

Responsibilities

• Generate and process CBN-CRMS reference codes for newly approved credit facilities.
• Manage the renewal and extension of CRMS references for existing and running credit facilities.
• Update outstanding balances and process liquidation of existing facilities on the CBN-CRMS platform.
• Process and monitor restructuring requests for approved and existing credit facilities on the CRMS platform.
• Trigger and monitor Global Standing Instruction (GSI) processes for defaulted facilities exceeding 90 days across applicable loan portfolios.
• Prepare and submit month-end updates for Bonds, Securities, and loan accounts to the CBN via the CRMS platform.
• Ensure the accuracy and completeness of CRMS regulatory submissions and portfolio updates.
• Monitor compliance with CBN CRMS guidelines, regulatory timelines, and internal credit administration procedures.
• Liaise with Credit Administration, Operations, IT, and other stakeholders to resolve CRMS-related issues and exceptions.
• Maintain proper documentation and audit trails for all CRMS processing activities and regulatory correspondences.
• Support the reconciliation of CRMS records with the Bank’s core banking system and internal credit records.
• Provide periodic CRMS portfolio reports and regulatory updates to management and relevant committees.
• Escalate unresolved exceptions, validation failures, and data integrity issues for prompt resolution.
• Support regulatory examinations, audits, and supervisory engagements related to CRMS and GSI activities.

Requirements

• First Degree in Accounting, Economics, Statistics, Mathematics, Finance, or other numerate disciplines.
• Minimum of 3 years of cognate experience in credit administration, regulatory reporting, or credit risk management.
• Practical knowledge of the CBN Credit Risk Management System (CRMS) and Global Standing Instruction (GSI) framework.
• Hands-on experience in CRMS processing, validation, and regulatory reporting.
• Proficiency in the use of CRMS Report Converter and CBN CRMS Validator tools.
• Strong understanding of banking operations, loan lifecycle management, and regulatory compliance requirements.
• Strong analytical, reconciliation, and problem-solving skills.
• Good communication and stakeholder management skills.
• High level of accuracy, integrity, and attention to detail.

Why Join Kuda?

At Kuda, our people are the heart of our business, and we prioritize your welfare. We offer a wide range of competitive benefits, including:

• A great and upbeat work environment populated by a multinational team.
• Pension.
• Career Development & growth opportunities.
• Competitive annual leave plus bank holidays.
• Competitive paid time off (Parental, Moving day, Birthday, Study leave, etc.).
• Group life insurance.
• Medical insurance.
• Well-fare package (Wedding, Compassionate, etc.).
• AwardCo.
• Goalr - employee wellness app.
• Award-winning L&D training.
• Advocates of work-life balance with a hybrid in-office schedule.

Kuda is proud to be an equal-opportunity employer. We value diversity and consider all applicants based on merit, qualifications, competence, and talent, regardless of color, religion, race, national origin, sexual orientation, ancestry, citizenship, sex, marital or family status, disability, gender, or any other legally protected status. If you require accommodation due to a disability or special need, please inform us.