Portfolio Manager (Jigawa) @ Moniepoint Incorporated

Job Description

Jobs in Jigawa, Nigeria.

Role Overview:

The Portfolio Manager will oversee a state-based loan portfolio and manage a team of Field Credit Officers (FCOs). Key responsibilities include setting performance goals, managing credit risk, ensuring portfolio health, and driving the growth of both the business and loan products. Collaboration with various departments such as Products, Risk, and Operations is essential to maintain credit policies and facilitate smooth loan disbursement and repayment.

Core Responsibilities:

• Leadership & Team Management:
  • Direct and mentor a team of Field Credit Officers, ensuring alignment with company goals and objectives.
  • Set clear performance targets, conduct regular reviews, and provide ongoing support for professional development.
  • Identify and address training needs within the team to enhance performance.
• Portfolio Oversight & Growth:
  • Develop and execute strategies to build a profitable loan portfolio within the designated state.
  • Track and assess portfolio performance, ensuring loan approvals, disbursements, and repayments meet set targets.
  • Analyze trends, foresee potential risks, and take corrective actions to safeguard portfolio health.
• Credit Risk Management:
  • Ensure compliance with credit policies and organizational procedures.
  • Review and make final decisions on loan applications recommended by FCOs.
  • Conduct regular credit risk assessments, working with senior management to refine credit evaluation processes.
• Compliance & Reporting:
  • Ensure adherence to all relevant regulations and internal standards in portfolio management.
  • Prepare and present detailed reports on portfolio performance, trends, and improvement suggestions to senior leaders.
  • Maintain accurate, up-to-date documentation in compliance with regulatory requirements.
• Stakeholder Engagement:
  • Collaborate with cross-functional teams (Products, Operations, Risk) to ensure smooth processes for loan disbursement and servicing.
  • Build and sustain relationships with clients and local stakeholders to strengthen the company’s market position.
  • Handle and resolve customer issues and concerns that arise within the portfolio.
• Process Improvement:
  • Identify operational inefficiencies and propose recommendations for improvements in credit administration.
  • Stay updated on industry trends, best practices, and competitor strategies to adapt and refine business approaches.

Required Qualifications:

• Bachelor’s degree in Business, Finance, Economics, or a related discipline.
• 4-5 years of experience in lending, credit, or portfolio management, with at least 2 years in a leadership role.
• Strong expertise in credit risk and financial analysis.
• In-depth knowledge of financial regulations and compliance standards.
• Proven track record of managing and expanding a loan portfolio in a fast-paced environment.
• Residency in the state of responsibility is required.

Essential Skills:

• Leadership and team management expertise
• Strong analytical and problem-solving capabilities
• Excellent communication and interpersonal skills
• Strategic thinking and planning skills
• Attention to detail and accuracy
• Proficiency in relevant technologies

Additional Requirements:

• High level of professionalism, integrity, and confidentiality when handling sensitive information.
• Flexibility for travel related to client visits, team meetings, and on-site evaluations.
• Proactive, results-oriented approach with a commitment to continuous improvement.

Source: From Company Career Portal/Other Job Boards.

https://job-boards.eu.greenhouse.io/moniepoint/jobs/4525628101