Portfolio Manager (Adamawa) @ Moniepoint Incorporated

Job Description

Jobs in Adamawa, Nigeria.

Role Overview:

The Portfolio Manager is responsible for leading a team of Field Credit Officers (FCOs) and overseeing the loan portfolio within a designated state. The role focuses on driving portfolio growth, managing credit risk, and ensuring business objectives are met through strategic planning. Close collaboration with departments such as Products, Risk, and Operations is crucial to ensure proper credit policies are followed, and that loan disbursements and repayments are handled smoothly.

Key Responsibilities:

• Team Leadership and Management:
  • Guide and mentor Field Credit Officers, setting clear performance targets in alignment with company objectives.
  • Conduct regular reviews to assess performance, identify training needs, and encourage team development.
• Portfolio Management and Growth:
  • Formulate and execute strategies to grow a profitable and sustainable loan portfolio.
  • Monitor the portfolio’s overall performance, ensuring loan approval, disbursement, and repayment goals are achieved.
  • Proactively identify risks and trends, taking action to minimize any negative impact on the portfolio.
• Credit Risk Oversight:
  • Ensure strict adherence to credit policies and procedures.
  • Review and approve loan applications recommended by the FCOs, making final credit decisions when necessary.
  • Conduct regular credit risk assessments and work with senior management to continuously improve credit evaluation processes.
• Compliance and Reporting:
  • Maintain full compliance with industry regulations and internal credit policies.
  • Generate and present detailed portfolio performance reports, highlighting trends, metrics, and areas for improvement.
  • Ensure all documentation is current, accurate, and compliant with regulations.
• Stakeholder Collaboration:
  • Work with cross-functional teams to ensure efficient loan disbursement and servicing.
  • Build and maintain relationships with clients and community stakeholders to boost the company’s presence in the market.
  • Address and resolve complex customer issues related to the loan portfolio.
• Process Improvement:
  • Identify inefficiencies within credit administration and recommend enhancements.
  • Stay informed about market trends, industry best practices, and competitor activities to adjust strategies accordingly.

Qualifications:

• Bachelor’s degree in Business, Finance, Economics, or a related field.
• 4-5 years of experience in lending, credit, or portfolio management, with at least 2 years in a supervisory position.
• Expertise in credit risk and financial analysis.
• Strong understanding of financial regulations and compliance.
• Proven ability to manage and grow a loan portfolio in a fast-paced environment.
• Must reside in the state of responsibility.

Required Skills:

• Leadership and team management capabilities.
• Strong analytical, problem-solving, and decision-making skills.
• Excellent communication and interpersonal skills.
• Strategic thinking with attention to detail.
• Proficiency with relevant technology and systems.

Other Requirements:

• High level of integrity, professionalism, and discretion with sensitive information.
• Willingness to travel for client visits, team meetings, and site evaluations.
• A results-oriented and proactive approach, with a strong focus on continuous improvement.

Source: From Company Career Portal/Other Job Boards.

https://job-boards.eu.greenhouse.io/moniepoint/jobs/4527353101