Head, Credit Risk Analytics

Who we are

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.

Curious about what makes Moniepoint an incredible place to work? Check out posts on how we cultivate a culture of innovation, teamwork, and growth.

Key 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

• Credit risk management
• 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