Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Lead credit risk management and innovate underwriting processes to minimize risks.
- Company: Join Moniepoint, Africa's leading financial ecosystem, processing $182 billion in 2023.
- Benefits: Enjoy a people-first culture, attractive salary, and continuous learning opportunities.
- Why this job: Be part of a dynamic team that values creativity and collaboration in credit risk management.
- Qualifications: Requires a B.Sc/H.ND and 5 years in credit risk; strong analytical skills are essential.
- Other info: Expect a thorough hiring process with multiple interviews to find the right fit.
The predicted salary is between 43200 - 72000 £ per year.
Moniepoint is Africa\’s all-in-one financial ecosystem, empowering businesses and their customers with seamless payment, banking, credit, and management tools. In 2023, we processed $182 billion and are Nigeria’s largest merchant acquirer.
About the role
The Head of Credit Risk Management is responsible for ensuring the implementation of top-tier credit underwriting policies aimed at minimizing credit risk and non-performing loans.
Candidates must demonstrate expertise in credit underwriting processes, possessing a profound understanding of their underlying principles and objectives. Additionally, they should exhibit creativity, critical thinking skills, and the ability to innovate and streamline the underwriting process effectively.
Our approach prioritizes improvement based on merit rather than conformity to conventional practices. It is imperative for candidates to possess a thorough comprehension of credit assessment, supported by factual evidence and data-driven insights.
Furthermore, fostering a collaborative relationship with credit business leaders is crucial. Rather than adopting an adversarial stance, the Head of Credit Risk Management should strive for a supportive partnership to facilitate the growth of a robust and high-performing loan portfolio, while maintaining operational speed and agility.
Analytical prowess is essential, particularly in interpreting and leveraging existing credit data, which serves as a valuable repository of insights.
Responsibilities
- Innovate and optimize the underwriting process, leveraging creativity and critical thinking to drive improvements.
- Foster a culture of continuous improvement, constantly seeking opportunities to enhance efficiency and effectiveness.
- Analyze existing credit data to extract insights and inform strategic decision-making.
- Stay abreast of industry trends and regulatory developments, ensuring compliance with relevant standards and regulations.
- Develop and maintain risk management frameworks to mitigate potential credit risks and enhance overall risk management practices.
- Provide leadership and guidance to the credit risk management team, fostering professional development and excellence in performance.
- Perform all other credit risk related functions as may be assigned by a supervisor.
Requirements
- A minimum of a B.Sc/H.ND in any business related discipline.
- A minimum of 5 years experience in lending in a credit risk related role.
- Demonstrable knowledge of credit risk analysis and credit monitoring.
- A good knowledge of financial analysis is an added advantage.
Skills
- Data analysis.
- People Management.
- Performance Management.
- Training and People Development.
What we can offer you
- Culture – We put our people first and prioritise the well-being of every team member. We’ve built a company where all opinions carry weight and where all voices are heard. We value and respect each other and always look out for one another. Above all, we are human.
- Learning – We have a learning and development-focused environment with an emphasis on knowledge sharing, training, and regular internal technical talks.
- Compensation – You’ll receive an attractive salary, plus other benefits.
What to expect in the hiring process
- A preliminary phone call with one of our recruiters.
- A panel technical interview with existing SVP Loans.
- A technical interview with the MD of Moniepoint Mfb.
Apply for this job
* indicates a required field
First Name *
Last Name *
Email *
Phone *
Resume/CV *
Education
School Select…
Degree Select…
LinkedIn Profile
GDPR Consent * Select…
Are you based in and have the right to work in Lagos? * Select…
Have you previously been employed by Moniepoint? *
Help Us Support Diversity at Moniepoint
At Moniepoint, we are committed to fostering a diverse and inclusive work environment. We do not discriminate based on gender identity, orientation, or other personal characteristics. To help us track and improve our recruitment efforts and ensure we are meeting our gender inclusion goals, we kindly ask you to answer the following demographic questions. Your responses are voluntary and will not impact your application in any way. Thank you for helping us build a more inclusive team.
#J-18808-Ljbffr
Head of Credit Risk Management employer: Moniepoint Group
Contact Detail:
Moniepoint Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Credit Risk Management
✨Tip Number 1
Familiarize yourself with the latest trends in credit risk management and underwriting processes. This will not only help you understand the industry better but also allow you to speak confidently about innovative practices during your interviews.
✨Tip Number 2
Network with professionals in the credit risk field, especially those who have experience in leadership roles. Engaging with them can provide valuable insights and potentially lead to referrals or recommendations for the position.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully optimized underwriting processes in your previous roles. Highlighting your analytical skills and creativity in problem-solving will demonstrate your fit for the role.
✨Tip Number 4
Showcase your ability to foster collaborative relationships by preparing examples of how you've worked effectively with cross-functional teams. This aligns with the company's emphasis on supportive partnerships in credit risk management.
We think you need these skills to ace Head of Credit Risk Management
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Head of Credit Risk Management position. Familiarize yourself with credit underwriting policies and the importance of minimizing credit risk.
Highlight Relevant Experience: In your CV and cover letter, emphasize your experience in lending and credit risk analysis. Provide specific examples of how you've innovated or optimized underwriting processes in previous roles.
Showcase Analytical Skills: Demonstrate your analytical prowess by discussing your experience with data analysis and how you've used credit data to inform strategic decisions. Include any relevant metrics or outcomes from your past work.
Emphasize Collaboration: Since the role requires fostering collaborative relationships, highlight your experience in working with cross-functional teams. Discuss how you've built supportive partnerships in previous positions to enhance performance and achieve common goals.
How to prepare for a job interview at Moniepoint Group
✨Showcase Your Expertise in Credit Underwriting
Make sure to highlight your deep understanding of credit underwriting processes during the interview. Be prepared to discuss specific examples where you've successfully implemented policies that minimized credit risk and improved loan performance.
✨Demonstrate Analytical Skills
Prepare to discuss how you've used data analysis to inform strategic decisions in your previous roles. Bring examples of how you've interpreted credit data to extract valuable insights that led to improved risk management practices.
✨Emphasize Collaboration and Leadership
Since fostering a supportive partnership with credit business leaders is crucial, be ready to share experiences where you've successfully collaborated with others. Highlight your leadership style and how you’ve guided teams towards achieving high performance.
✨Stay Updated on Industry Trends
Show your commitment to continuous improvement by discussing how you keep abreast of industry trends and regulatory developments. This will demonstrate your proactive approach to ensuring compliance and enhancing risk management frameworks.
