Head of Credit Management at Chanelle Microfinance Bank

Position Overview:

• As the Head of Credit Management, you will play a key role in the Credit and Risk Department, overseeing the credit risk assessment, management, and monitoring processes.
• You will be responsible for ensuring the effective implementation of credit policies and procedures, managing a team of credit professionals, and contributing to the overall success and stability of the bank.

Key Responsibilities:

• Credit Policy Development: Lead the development, review, and implementation of credit policies and procedures to ensure compliance with regulatory requirements and industry best practices.
• Risk Assessment: Conduct comprehensive credit risk assessments, analyzing financial statements, credit reports, and other relevant information to evaluate the creditworthiness of individuals and businesses.
• Portfolio Management: Monitor and manage the credit portfolio, identifying potential risks and implementing strategies to mitigate them. Regularly review and update risk models.
• Team Leadership: Provide effective leadership to the credit management team, fostering a culture of accountability, collaboration, and continuous improvement.
• Regulatory Compliance: Stay informed about changes in regulatory requirements related to credit management and ensure the bank’s practices align with these standards.
• Reporting and Analysis: Prepare and present regular reports on credit portfolio performance, delinquency rates, and other relevant metrics. Provide insights and recommendations for decision-making.
• Collaboration: Work closely with other departments, including Operations, Compliance, and Finance, to ensure seamless integration of credit processes and adherence to overall organizational goals.

Qualifications:

• BSc/HND in Finance, Business Administration, or a related field. Master’s degree or professional certification is a plus.
• Minimum of 5 years of experience in credit management, with a focus on microfinance or banking.