HEAD OF CREDIT AT PROSPERITY MICROFINANCE BANK NIGERIA LIMITED | BANKING JOBS IN BENIN

About Company:

Prosperity Microfinance Bank Nigeria Limited (PMBank) is a Microfinance Bank incorporated in Nigeria with the Corporate Affairs Commission of Nigeria in March 2005 under the provisions of the Companies and Allied Matters Act CAP C20 LFN 2004 with registration number RC 620230 and commenced operations on 10th October 2005. It is licensed to carry on the business of microfinance banking by the Central Bank of Nigeria.

Job Description:

We are seeking a high-velocity and strategically elite Head of Credit to anchor the risk engine of Prosperity Microfinance Bank. In a specialized microfinance landscape where institutional momentum is dictated by the speed of disbursement and the precision of the recovery success is defined by "Financial Sovereignty", the ability to harmonize aggressive AUM growth with the clinical precision required for Underwriting, Portfolio Monitoring, and Regulatory Compliance. This role is designed for a "Risk Architect" reporting to the MD/CRO who can blend "Analytical Grit" (evaluating SME and informal sector loans) with the "Strategic Agility" required to design Digital Lending Solutions and fintech-driven credit models.

Requirements:

1. Orchestration & Risk Governance

• Underwriting Sovereignty: Oversee the end-to-end credit risk management process and evaluation of loan applications, acting as the primary "Source of Asset Quality."

• Policy Architecture: Lead the development and continuous improvement of credit policies and procedures, providing the "Structural Foundation" for alignment with market conditions and CBN guidelines.

• Integrity Stewardship: Define risk thresholds and credit approval limits, ensuring the "Source of Underwriting Standards" is elite and uncompromised.

2. Tactical Resilience & Portfolio Logic

• Mitigation Sovereignty: Implement effective strategies to reduce Portfolio at Risk (PAR) and Non-Performing Loans (NPLs), acting as the primary "Source of Capital Preservation."

• Innovation Architecture: Collaborate with operations to design and pilot-test innovative products (SME, Group, Agricultural, and Digital loans), providing the "Functional Foundation" for scalable growth.

• Recovery Stewardship: Oversee collections and loan restructuring strategies, maintaining the "Source of High Recovery Rates."

3. Operational Integrity & Leadership Power

• Human Sovereignty: Provide direction to credit analysts and loan officers through mentoring and capacity building, acting as the primary "Source of Talent Excellence."

• Reporting Architecture: Prepare periodic credit and portfolio performance reports for the Board and Senior Management, providing the "Relational Foundation" for transparent governance.

• Velocity Logic: Utilize Digital Lending and Fintech expertise to resolve disbursement bottlenecks in real-time, maximizing the "Source of Financial Throughput."

Qualifications and Skills:

Professional Profile

• Analytical Power: Strong risk assessment skills with a focus on SME and informal sector financing.

• Strategic Mastery: Proven track record of improving portfolio quality and reducing non-performing loans.

• Digital Edge: Experience in Digital Lending and Fintech-driven credit solutions is a significant advantage.

• Communication: Exceptional report writing and presentation skills for Board-level engagement.

Core Competencies

• Risk Grit: Deep understanding of credit procedures and risk mitigation in a Microfinance environment.

• Financial Sovereignty: High level of integrity with a meticulous eye for detail and underwriting accuracy.

• Execution Power: Ability to lead a high-performance team and ensure compliance with Central Bank of Nigeria (CBN) regulations.

Salary

Application Closing Date: Not specified

Application Instructions:

Interested and qualified candidates should send their CV and Cover letters to: nhrecruiters@gmail.com using the Job Position as the subject of the email.