Job Role: Head, Credits

Industry: Finance

Management Level: Senior

Slot: 1

Location: Lagos

 Job Summary: Accountable for the entire credit granting process, including the consistent application of a credit policy, periodic credit reviews of existing customers, and the assessment of the creditworthiness of potential customers, to optimize the mix of company sales and bad debt losses.

 Job Description:

*Responsible for the review and approval of commercial credit proposals of the company and to maintain a good balance between returns and risks exposure

*Lead a team of credit officers to ensure high standard credit quality of the portfolio by using various credit assessment tools.

*Engage the development, implementation, review and monitoring of various credit programs and providing training and coaching to continuously upgrade the competency of the team members

*Review and develop the company’s credit approval policies and guidelines as well as participate in ad hoc projects of investigative or trouble-shooting nature on specific customer portfolio.

*Ensure credit expansion happens to retain the asset quality

*Forecast the economic climates, identify niche areas for credit growth, risk mitigation etc.Responsible for credit growth, delivery, building and maintaining a good credit portfolio of corporate advances through high-quality appraisal

*Ensure that the business development and relationship management group understand and develop business following company’s credit guidelines

*Direct the Loan Work-Out/Special Assets process; reduce credit and collections/non-performing loan levels

*Formulate strategies to penetrate other sectors to have the first-mover advantage and make the company a preferred financial institution

*Provide advisory support to business plans & strategy, to improve the quality of credit portfolio.Ensure that new products are launched in the market periodically

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

 Required Educational Qualifications: 

*A degree in Finance, Accounting, or a related discipline. An MBA or master’s degree or other professional qualifications preferable.

*A minimum of 10 years of corporate banking experience in lending or related activities

*Experience in Marketing is an advantage

*Required experience related to credits, restructuring, SME and Retail

*Regulatory remediation experience a plus

*Demonstrated sales/business development experience and success

*Credit evaluation experience with complex credits and structuring

 Method of Application: Qualified candidates should send their CV and Cover letter to

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