Lead, Corporate Credit Risk Management

We are recruiting to fill the position below:

Job Title: Lead, Corporate Credit Risk Management

Location: Lagos

Job Summary

• The Lead, Corporate Credit Risk Management is responsible for developing, implementing, and managing our credit risk framework to ensure sustainable portfolio growth, asset quality preservation, and regulatory compliance.
• The role oversees end-to-end credit risk management across retail, SME, and digital lending products and acts in the capacity of Head of Credit Risk, providing strategic direction, oversight, and independent challenge to business units.

Key Responsibilities
Credit Risk Strategy & Governance:

• Stay abreast of fintech and digital lending trends impacting credit risk management.
• Serve as a key advisor to Executive Management and the Board on credit risk exposures, trends, and emerging risks.
• Support the Board Finance, Audit and Risk Committee (FARCo) with regular credit risk reports and insights.
• Ensure credit risk considerations are embedded in product design, pricing, underwriting, and portfolio growth strategies.
• Develop and implement the Bank’s Credit Risk Strategy in line with Moniepoint’s risk appetite, business objectives, and CBN Prudential Guidelines.
• Provide leadership oversight of credit risk management

Credit Policy & Underwriting Framework:

• Ensure credit risk controls are embedded within digital platforms, APIs, and automated workflows.
• Oversee the use of data, analytics, and alternative data sources to enhance credit decisioning.
• Periodically review lending limits, sectoral exposures, and concentration risks, to ensure compliance with credit policies and risk appetite
• Ensure all lending activities comply with approved credit policies, regulatory requirements, and internal risk standards.
• Develop, review, and maintain the Bank’s Credit Risk Policies, underwriting standards, and approval authorities.
• Oversee credit scoring models, decision engines, and manual underwriting processes for digital and non-digital loans.
• Review and validate changes to credit models, decision rules, and lending systems
• Ensure appropriate segregation of duties between origination, approval, and disbursement processes.

Portfolio Monitoring & Asset Quality Management:

• Oversee remedial management strategies, restructuring, recoveries, and collections escalation frameworks.
• Monitor credit portfolio performance across products, channels, and customer segments.
• Identify early warning signals and emerging credit risks, recommending timely corrective actions.
• Ensure adequacy of loan loss provisioning in line with regulatory and accounting standards.
• Track key portfolio metrics including delinquency ratios, non-performing loans (NPLs), roll rates, vintage analysis, and write-offs.

Credit Risk Analytics & Reporting:

• Develop robust credit risk dashboards and management information systems (MIS).
• Provide accurate and timely credit risk reports to:
  • Board Finance, Audit and Risk Committee (FARCo)
  • Chief Risk Officer
  • Executive Management
• Support regulatory reporting and supervisory examinations relating to credit risk.
• Perform stress testing and scenario analysis on the loan portfolio.

Regulatory Compliance & Stakeholder Engagement:

• Act as a key liaison with Internal Audit, External Auditors, Regulators, and Credit Bureaus on credit risk matters.
• Ensure full compliance with:
  • Consumer protection and fair lending requirements
  • CBN Prudential Guidelines for MFBs
  • IFRS 9 (where applicable)
• Support regulatory examinations, audits, and implementation of audit recommendations.

Team Leadership & Cross-Functional Collaboration:

• Partner closely with Product, Operations, Collections, Finance, IT, and Business teams to ensure balanced risk-return outcomes.
• Provide guidance and training on credit risk principles, policy compliance, and risk ownership across the organization.
• Lead and develop the Credit Risk team, ensuring clear roles, accountability, and performance management.
• Foster a strong credit risk culture focused on discipline, data-driven decisions, and sustainability.

Required Qualifications & Experience
Education:

• Bachelor’s Degree in Finance, Accounting, Economics, Mathematics, Statistics, or related field
• Master’s Degree (MBA, MSc) is an advantage

Professional Certifications (Preferred):

• ACA, ACCA, FRM, PRM, or equivalent

Experience:

• Proven experience managing credit risk portfolios, preferably in digital or SME lending
• 8–10 years experience in credit risk, lending, or risk management within banking, fintech, or financial services
• Prior experience in a leadership or senior risk role is required

Core Competencies & Skills:

• Sound judgment and decision-making ability
• Ability to operate in a fast-paced, technology-driven environment.
• Advanced analytical and data interpretation skills
• Strong stakeholder engagement and communication skills
• Strong understanding of credit risk frameworks and CBN regulations
• High ethical standards and independence

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, pension, health insurance, plus other benefits.

How to Apply
Interested and qualified candidates should:
Click here to apply online

What to expect in the hiring process

• A preliminary phone call with the recruiter.
• An interview with a member of our executive team.
• An interview with the hiring team.