Portfolio Manager (Rivers) @ Moniepoint Incorporated

Job Description

Jobs in Rivers, Nigeria.

Role Overview:

The Portfolio Manager will oversee the loan portfolio and manage a team of Field Credit Officers (FCOs) within a designated state. This role focuses on setting performance objectives, managing credit risk, ensuring a strong and profitable loan portfolio, and supporting business and product growth. The Portfolio Manager will work closely with cross-functional teams to enforce credit policies and ensure smooth loan disbursement and repayment processes.

Core Responsibilities:

• Team Leadership:
  • Lead, mentor, and provide direction to Field Credit Officers in the assigned state.
  • Set clear goals for FCOs, ensuring their objectives align with company-wide targets.
  • Conduct regular performance evaluations, identify development needs, and support professional growth.
• Portfolio Management & Growth:
  • Create and implement strategies to expand and maintain a profitable loan portfolio.
  • Monitor portfolio performance, including loan approvals, disbursements, and repayments, to ensure targets are met.
  • Identify risks and market trends, taking proactive steps to maintain portfolio health.
• Credit Risk Oversight:
  • Ensure compliance with company credit policies and procedures.
  • Review and approve loan applications from FCOs, making final credit decisions when necessary.
  • Collaborate with senior management to assess credit risk and refine evaluation processes.
• Compliance & Reporting:
  • Maintain full compliance with regulatory standards and internal policies.
  • Prepare regular portfolio performance reports for senior management, outlining key trends and improvement recommendations.
  • Ensure all records and documentation are current and compliant.
• Stakeholder Engagement:
  • Work with other departments to ensure efficient loan disbursement and servicing.
  • Build strong relationships with clients and local stakeholders to enhance the company’s reputation and market presence.
  • Resolve escalated customer concerns related to the loan portfolio.
• Process Improvement:
  • Identify inefficiencies and recommend improvements in credit administration.
  • Stay informed on industry best practices and market changes, 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 leadership role.
• Strong background in credit risk and financial analysis.
• In-depth understanding of regulatory compliance in the financial industry.
• Proven success in managing and expanding a loan portfolio in a dynamic environment.
• Must reside in the assigned state.

Key Skills:

• Leadership and team management
• Strong analytical and problem-solving skills
• Effective communication and interpersonal abilities
• Strategic thinking and planning
• High attention to detail
• Proficiency in relevant technologies

Additional Requirements:

• High level of professionalism, integrity, and confidentiality.
• Willingness to travel for client visits and team meetings as needed.
• Results-oriented mindset with a focus on continuous improvement.

Source: From Company Career Portal/Other Job Boards.

https://job-boards.eu.greenhouse.io/moniepoint/jobs/4527346101