• Application Deadline: Mon, 16 May 2022 00:00:00 GMT
• Position: Head of Credit Business


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 10 years


• Location Lagos


• City Lekki


• Job Field Finance / Accounting / Audit 
  

Job Purpose & Main Mission

• The Head Credit Business will oversee the Company’s loan portfolio, loan approvals, loan documentation and credit risk management.


• The job holder will provide support and direction to team members, and develop loan policies and procedures to ensure efficient operations.

Responsibilities

Policies and Procedures:

• Set up the Credit Business Department. Identify, draft, develop and implement operational processes, policies and guidelines related to portfolio management, credit and other corresponding functions.


• Ensure that business development and relationship management is done in accordance with the Company’s credit guidelines.


• Work with senior management on the determination of overall loan portfolio composition and the management of concentrations.

Operations:

• Drive business plans and strategy. Launch new products in the market periodically to deliver on business growth strategy.


• Exercise oversight of the internal credit risk review process for adequacy of risk ratings, regulatory compliance, loan policy conformance, and recovery of problem loans and the disposition of foreclosed assets.


• Manage sector / industry specialists to forecast the economic climates, identify niche areas for credit growth,risk mitigation etc.


• Build a good credit portfolio of corporate advances through high quality appraisal.


• Take lead in bringing process changes for faster delivery and customer delight.


• Develop a process to systematically and aggressively follow-up non-performing and unsatisfactory accounts in order to reduce exposure and maintain loss experience to a minimum.


• Monitor and measure department performance with appropriate metrics.

Asset Management:

• Ensure credit expansion happens retaining the asset quality.


• Manage underwriters, obtain insight for analyzing the credit condition of the borrower/sponsor and/or project and additional information related to the borrower relationship.


• Monitor report on the overall portfolio, including and not limited to assessing asset quality, stress testing, industry and market analysis, asset allocation,reserves and non-performing loan analysis. People Management


• Manage, train, up-skill, motivate and retain team members to ensure a profitable outcome for all. ● Mentor and coach team to ensure the success of Credit Services.

Requirements

• First Degree in a relevant field from a reputable institution


• Minimum of 10 years commercial lending experience including corporate or commercial account management, credit adjudication experience; underwriting of corporate, SME & retail products and services.

Personal Qualities Required:

• In-depth knowledge of end to end credit administration including processing of proposals, credit analysis,restructuring,syndication etc.


• Strong understanding of operational, legal and credit risk across the full range of industries. ● Strong project appraisal skills and ability to translate desired business concepts to actual processes for implementation.


• Thorough understanding of local laws and regulator guidelines and procedures for Credit Facilities. ● Entrepreneurial and fearless spirit, with great prospecting skills. Proven ability in developing strong relationships and partnerships with customers and relevant stakeholders.


• Result-driven with an ability to think strategically and creatively with an innovative mindset that is constantly looking for ways to improve things.


• Strong interpersonal skills with a collaborative and flexible work style.Willing to travel and engage with our customers at various locations