Head Of Credit (Fintech Lending) Full-time Job

Job Summary:

We are looking for a Head of Credit who can develop, and administer a fintech lending firm's credit risk strategies and policies, managing risk across all operations.

Responsibilities:

Credit Risk Strategy: To build and update the credit risk policy based on the Group’s risk appetite.

Credit Operations: To build and maintain the end-to-end processes involved in granting and monitoring loan/credit facilities, in line with global best practice.

Stakeholder Engagement: Manage relationship with relevant external parties like credit bureaus and collections agencies, as well as all key internal stakeholders.

Manage Credit Risk: Design, develop, and implement an integrated and robust approach to managing credit risk, fraud risk and KYC for the entire life cycle of credit facilities (origination, approval, monitoring & reporting).

Ensure regulatory compliance and report any infractions to relevant bodies/stakeholders.

Set and track performance targets (loan disbursement targets, PAR etc), to facilitate management decision-making, as well as timely course-correction actions.

Manage and drive product/credit mix as per target market / acceptable risk buckets

Actively scout for viable strategic lending partnership opportunities (embedded lending platforms)

Identify & lead the build/fine-tuning of lending systems (underwriting models, scorecards & rating framework)

Requirements

Proven work experience in lending operations, with a good understanding of credit risk management (especially for digital lending fintech companies)

Should be entrepreneurial in orientation, self-motivated and result oriented, with a clear focus on meeting customer expectations and maximizing bottom-line results.

Working knowledge of digital lending practices and the digital lending market in Nigeria

Proven track record of conceptualizing, developing, launching & managing complex lending systems and underwriting processes.

Proficiency in the use of modern productivity tools to achieve business goals (i.e., Microsoft Office Suite), and knowledge of other technologies relevant to digital lending

Must possess a strong, working knowledge of Nigeria’s KYC and AML regulatory policies and guidelines.

Good problem-solving abilities, data gathering, analyses & interpretation skills

Must possess demonstrable organizational development/management acumen, and sound operational process building / review competencies

Team leadership skills with ability to provide coaching, performance management, and staff development

Effective negotiation and strong interpersonal skills

Strong understanding of banking principles, accounting principles and statistical analyses