Head of Credit Risk
Head of Credit Risk
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Job Description
Our client is seeking a strategic and hands-on Head of Credit Risk to lead the design and implementation of their credit risk framework from the ground up. As a founding team member in a CBN-licensed Microfinance Bank you will own the full credit lifecyclefrom policy and product design to portfolio monitoring and recovery. You must have strong analytical instincts deep regulatory awareness and the drive to build sustainable credit operations in a startup environment.
Job Type: Full Time/Permanent
Workplace: Hybrid
Location: Lagos Nigeria
Requirements
- Minimum of 5 years post-qualification experience in credit risk management or lending.
- At least 2 years in a managerial or supervisory role in a financial institution (preferably in microfinance commercial banking or digital lending).
- Proven experience in credit risk assessment policy formulation and portfolio management.
- Bachelors degree (required); a Masters degree or professional certification (e.g. CIBN ICAN ACCA CRMP PRM or CFA) is an added advantage.
- In-depth understanding of CBN guidelines internal control frameworks AML KYC and risk management practices.
- Strong leadership communication and interpersonal skills.
- Excellent analytical problem-solving and decision-making capabilities.
- Strong analytical risk modeling and decision-making skills.
- Experience designing and refining credit products for SMEs or individuals.
- Familiarity with credit bureau APIs digital KYC tools and loan management systems.
- Comfortable working in a fast-paced tech-enabled environment.
Responsibilities
Credit Risk Management & Policy
- Develop and enforce a credit risk management framework aligned with CBN guidelines.
- Define credit policies approval limits risk appetite and credit scoring rules.
- Maintain credit product documentation and ensure compliance with internal policies and regulatory requirements.
Portfolio Monitoring & Reporting
- Monitor key metrics (e.g. PAR NPL ratios write-offs) and proactively address emerging risks.
- Design early warning systems and stress-testing tools.
- Generate internal and external (e.g. CBN) risk reports and dashboards.
Product & Process Design
- Collaborate with Product Tech and Data teams to embed risk controls into loan origination and disbursement flows.
- Drive automation in credit scoring and decision-making using credit bureau and behavioral data.
Collections & Recovery Strategy
- Design collections framework for pre-delinquency early and late-stage arrears.
- Oversee recovery actions including restructuring write-offs and legal escalation.
Team Leadership
- Build lead and mentor the credit operations team.
- Train credit officers on underwriting monitoring and collections best practices.
Benefits
- Competitive salary and compensation package
- Full medical coverage
- Fully covered parental leave
- Leadership in a growing financial institution
- Smart kind colleagues whore invested in your growth
Employment Type
Full Time
