Head of Credit and Risk Management

Job Summary

Our client is passionate about empowering businesses and working professionals across Africa. Their mission is to make corporate payments effortless and efficient, allowing companies to focus on growth and success. They offer a superior and premium suite of financial products designed to enhance the wellbeing and productivity of both employers and employees. By providing innovative solutions tailored to the unique needs of African businesses, they strive to create a positive impact on the economic landscape. Their commitment to excellence drives them to continuously improve and deliver outstanding service to their clients.

Job Responsibilities

• Develop and maintain a robust sales pipeline through prospecting and networking.
• Plan, design, implement, and manage the overall credit administration and credit risk management process by developing the credit risk management framework, policies, processes, procedures, and reporting standards that define the credit risk strategy and appetite in line with the company’s overall business objectives.
• Monitor business development for emerging credit risks and recommend policies and procedures to improve the credit risk management process.
• Facilitate the identification, assessment, measurement, monitoring, controlling, and reporting of credit risks, and maintain oversight over enterprise credit risk management activities.
• Ensure proper documentation, define the credit approval framework, and recommend credit approval limits.
• Analyze and appraise individual credit requests in accordance with approved policies and procedures to ensure that credit exposures are created subject to stipulated guidelines.
• Drive loan workout plans and strategies to mitigate or eliminate delinquencies. Review and analyze the delinquent portfolio to identify key causal factors, make recommendations, and track them to ensure adequate and timely closure.
• Prepare timely, comprehensive, and reliable credit risk reports for senior management and the board on a regular basis.
• Undertake ad hoc duties as agreed.

Candidate Requirements

• First Degree in Economics, Finance, or any other discipline; Master’s Degree is an added advantage.
• Minimum of 6 years lending experience with at least 3 years in a senior management role in a Financial Institution.
• Impeccable understanding of financial statements and business dynamics.
• Ability to take commercial insights and translate them into organizational and people agendas to influence the business.
• Knowledge of micro, small, and medium enterprise market.
• Deep understanding of credit dynamics and lending regulatory framework.