Everistus Obi

An outstanding expert in financial services, with proven expertise in credit risk management, financial risk management, financial technology, strategy and product management. I have led digital transformations, building digital channels, risk models and products, designing frameworks and building business models. I was also a finalist at the 2023 Kellogg-Morgan Stanley Investing Challenge.

Rank Capital Limited | Staff of 100+

YC backed non-bank Financial Institution

Senior Manager (Risk Management) March 2024 till date

• In charge of developing and implementing the enterprise risk management framework.
• Development and of the credit policy guide and other risk manuals.
• Oversee the company’s risk reporting.
• Developing and Implementing of the AML and Compliance Framework.
• Developing the company’s long-term strategic intent.
• Leading the development and launch of new products and services.
• Building and implementing staff members on the use of the credit-decisioning engine.
• Building and implementing staff members on the use of the financial risk models to measure liquidity risk, foreign exchange risk and interest rate risk.
• Advising the Board on risk management and other related issues.

Leading Nigerian non-bank Financial Institution

Head of Enterprise Risk Management/Director, July 2017 – December 2023

(*Set up the risk management framework and restructure, built risk-decisioning engines)

• Ensuring sustainable growth by embedding the right risk philosophy in the organization.
• Developing and fully implementing a risk management framework and relevant risk management processes for the organization.
• Championing Basel Implementation, Stress Testing, Capital Adequacy ratio computation, etc.
• Developing Credit Administration Manual in line with CBN’s requirement for Finance Companies.
• Overseeing, managing and directing the entire credit management process from credit policy design to risk underwriting, risk monitoring, credit portfolio management, collection and recovery. 
• Providing leadership to all members of the Risk management group.
• Conducting risk assessment, which involves analyzing risks as well as identifying, describing and estimating the risks affecting the business.
• Providing support, enlightenment and training to staff to build risk awareness within the organization.
• Resolving all other risk management issues that may arise in the business cycle.
• Championing risk reporting in an appropriate way for different audiences, i.e., senior management and the board of directors so they understand the most significant risks, business heads to ensure they are aware of risks relevant to the business and to sales staff - to understand their accountability for individual risks.

Leading Nigerian Commercial Bank

Portfolio Risk Manager, Jan 2016 – June 2017

(Worked on the credit risk modelling project with Dun & Bradstreet)

• Computing IFRS impairment 
• Conducting portfolio stress-testing
• Implementing risk charges 
• Modelling for Portfolio Planning & Optimization
• Computing Capital Adequacy Ratios
• Monitoring Credit limits
• Rendering of internal and regulatory credit reports and to Rating Agencies
• Evaluating of credit portfolio quality and assignment of appropriate classifications
• Identifying of default triggers and correcting deficiencies

Leading Nigerian Commercial Bank

Credit Analyst, Business Banking, Sept. 2014 – Jan 2016

• Computing IFRS impairment.
• Ensuring promptness in analysing credit requests for the Bank.
• Maintaining efficiency at identifying critical risks in credit requests and providing mitigants and alternative routes by restructuring the request to make it viable and bankable.
• Ensuring timeliness in the preparation and delivery of required Credit Monitoring reports.
• Daily review and identification of all exception in BBD and follow-up with Relationship Team for regularization.

Nigerian Commercial Bank

Risk Analyst, Predictive Analytics, Sep. 2012 – Sept 2014

(Development of an EAD, RAROC and Impairment models)

• Building of risk models.
• Planning, Development, Analysis, Reporting, Communication and Maintenance of the Bank’s Credit Portfolio Database.
• Computing IFRS Impairment.
• Designing, Developing and Implementing risk models.
• Implementing ICAAP and IRB approach.
• Computing risk parameters: PD, LGD, EAD.
• Conducting stress-testing and predictive analysis.
• Portfolio RAROC computation.

Leading Nigerian Commercial Bank

Executive Trainee/Operations Analyst, June 2011 – June 2012

• Managing payments and deposits for the bank’s customers.
• Handling inward and outward clearing instruments.
• Marketing the bank’s products and services.
• Supervising ATM operations.

TIAS SCHOOL FOR BUSINESS & SOCIETYMASTER OF BUSINESS ADMINISTRATION2023UNIVERSITY OF LAGOSMASTER OF RISK MANAGEMENT2017NNAMDI AZIKIWE UNIVERSITY, 

AWKA,

ANAMBRA STATE.

BSc. INDUSTRIAL CHEMISTRY, 2nd CLASS UPPER.2009FGC IKOT EKPENE,

AKWA IBOM STATE

WEST AFRICAN SENIOR SCHOOL CERTIFICATE2005