Chief, Credit Risk mitigation strategy at Pagatech Limited in Yaba, Lagos
Organization:
- Pagatech Limited
Job Location:
- Yaba, Lagos
Employment Type:
- Full time
Date Posted:
Job Description
Position Overview
- The Chief credit officer/Risk mitigation strategy is in charge of making sure the smooth running of the Credit and Promotion departments.
- The applicant will evaluate credit and financial statements to decide risk participated in loaning money or extending credit.
- The applicant will scrutinize financial data which includes market distribute, earnings growth, and management quality to decide if loans will be profitable. Other duties comprise of collecting information, reading financial briefings, evaluating, evaluating and interpreting complicated financial information, undertaking risk evaluation evaluation, visiting customers, keeping organisation credit exposures within set risk bearing limits, keeping expertise in key concerns current (for example lawful, market risk and adherence concerns), assisting to improve the quality of credit applications, and making strategic guidance about procedural/regulatory framework modifications.
- The applicant will work earnestly to grow risk assets and ensure credits are executing at all times. The applicant must make sure that the non-executing loans are within CBN set ratio.
- The preferred candidate for this position will possess transparently exhibited effective guidance competencies, outcomes onboarding and be capable to analyze the corporate aspiration into growth plans and lucrative processes.
Duties
- Head, supervise and oversee all zones of the credit/risk mitigation strategy department and daily processes to guarantee KPIs are accomplished; and build complete and SMART targets for effectiveness and growth.
- Appraising Risks, carrying out analysis and organizing.
- Credit Management, regulates and mobilization.
- Loan supervising and recovery.
- Supervise the recognition, evaluation, and risk reduction of credit risks across the bank's project sample.
- Ensure credit rules and standardized processes are strong, match with compliance obligations, and assist the company’s strategic targets.
- Preserve standards of the credit project sample, enhance risk incentive balance, and promote an environment that fosters prudent risk mitigation strategy.
- Reduce risks in Project sample Management by prudent lending, supervising fiscal indicators (PAR, NPL, Offerings) and routinely analyzing loan schedule effectiveness indicators to recognize matters from credit decisions.
- Ensure execution and adherence of the buyer information security principles in the bank.
- Ensure client fulfillment through prompt service dispatch and clear communication, conforming to Performance threshold Agreements (SLAs) and Turnaround Time (TAT) guidelines for business credit applications.
- Periodically evaluate the credit accreditation programme content for significance, offer participant development, and track exceptions to guarantee adherence with authorized guidelines.
- Ensure necessary regulates are in place to handle the risks encountered during the credit life cycle from origination, assessment, recordkeeping, account management and collections, by carrying out periodic quality sample checks.
- Verify that every Compliance-related and Adherence concerns are tracked down and closed on time for the unit.
- Support to setting the risk appetite and ensure exceptions are examined and tracked to guarantee they are operating within authorized guidelines.
- Track all credit-associated projects and collaborate with within and outside the organization assets to guarantee on-time completion.
- Ensure every month documentation are delivered at necessary forums and panels, and authorizations are secured from the suitable sanctioning body.
- Play a key position in mentoring, training and conceptualizing their teams assume accountability in human resource management and succession for the business development teams.
- Ensure periodic supervising and periodic assessment of credit modelling resources, i.e. score card, and Risk Acceptance Evaluation benchmarks to handle any emergent concerns and possible threat.
- Evaluate and track new Credit goods and current credit goods to guarantee employee evaluation is periodically executed and any emergent concerns and possibility risks are handled.
- Any other obligations and duties which may be necessary from time to meet the targets of MMFB.
Qualifications
- A Academic qualification in Business Management, Economics, Finance or any other discipline At least 7 years’ banking expertise with a minimum of 3 years in a top level leadership position in a Microfinance Bank.
- Expertise executing and/or using a Management Information System inside the financial solutions industry.
- Outstanding analytical abilities; logical and organized in his/her thinking.
- Expertise in business intelligence, status updates and budgeting.
- Verbal abilities – verbal, non-verbal and documented.
- Self-starter and very structured, with robust meticulousness.
- Extremely adaptable, devoted to productive productivity and capable to operate productively and productively across various teams.
- A thorough comprehension of microfinance key indicators/indicators and the capability to analyze and process processes data.
Steps To Apply
Suitable applicants should: Click here to submit application online