Portfolio Manager (Lagos) @ Moniepoint Incorporated

Job Description

Jobs in Lagos, Nigeria.

Role Overview:

The Portfolio Manager is tasked with overseeing a loan portfolio while leading a team of Field Credit Officers (FCOs) in a specific state. This role involves setting performance targets, managing credit risk, maintaining a healthy portfolio, and driving business and loan product growth. Collaboration with various departments such as Products, Risk, and Operations is essential to enforce credit policies and ensure smooth loan disbursements and repayments.

Key Responsibilities:

• Team Leadership & Management:
  • Lead, mentor, and guide Field Credit Officers in the assigned state.
  • Establish and communicate clear performance goals for the FCOs that align with overall company objectives.
  • Conduct regular performance evaluations, identify training opportunities, and support the professional development of the team.
• Portfolio Management & Growth:
  • Design and implement strategies to expand and sustain a profitable loan portfolio.
  • Track and analyze portfolio performance, including approvals, disbursements, and repayments, ensuring objectives are achieved.
  • Proactively identify trends and risks, addressing issues before they affect portfolio health.
• Credit Risk Oversight:
  • Ensure strict adherence to credit policies and organizational procedures.
  • Review loan applications submitted by FCOs, making final credit decisions when necessary.
  • Conduct regular credit risk assessments and collaborate with senior management to enhance the credit evaluation process.
• Compliance & Reporting:
  • Ensure compliance with industry regulations and internal policies governing credit operations and portfolio management.
  • Prepare and present portfolio performance reports, highlighting key trends, metrics, and improvement recommendations.
  • Maintain accurate and up-to-date records, ensuring full compliance with regulatory standards.
• Stakeholder Engagement:
  • Work with cross-functional teams to ensure smooth loan disbursement and servicing processes.
  • Build and sustain relationships with clients and community stakeholders to enhance market presence.
  • Address and resolve escalated customer concerns related to the loan portfolio.
• Process Improvement:
  • Identify operational inefficiencies within credit administration and recommend process or system enhancements.
  • Keep up with industry trends and competitor activities, adapting strategies as needed.

Qualifications:

• A 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.
• Proven expertise in credit risk analysis and financial assessment.
• Solid understanding of financial regulations and compliance standards.
• Demonstrated success in managing and expanding a loan portfolio in a fast-paced environment.
• Must be a resident of the assigned state.

Key Skills:

• Strong leadership and team management abilities
• Analytical and problem-solving skills
• Effective communication and interpersonal skills
• Strategic thinking and planning
• Attention to detail
• Technology proficiency

Additional Requirements:

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

Source: From Company Career Portal/Other Job Boards.

https://job-boards.eu.greenhouse.io/moniepoint/jobs/4527350101