About the Role
E-Barcs Microfinance Bank Limited is a leading financial institution dedicated to empowering the under-banked through cutting-edge technology and exceptional talent. We are currently seeking a strategic and results-driven Head, Credit Administration to lead our credit oversight functions, minimize credit losses, and drive optimal portfolio performance in compliance with regulatory standards.
Key Responsibilities- Oversee end-to-end credit documentation, ensuring strict compliance with approved facility terms, pre-disbursement conditions, and post-disbursement requirements.
- Maintain secure custody of credit files, collateral documentation, and facility records while monitoring for any documentation deficiencies.
- Conduct continuous credit portfolio monitoring to identify delinquency trends, emerging credit risks, and concentration issues.
- Collaborate with Credit Risk and Business units to execute proactive collection strategies and enforce repayment discipline.
- Manage recovery initiatives for non-performing loans by coordinating closely with legal teams and external solicitors.
- Ensure loan restructurings, settlements, and write-offs strictly adhere to approved corporate policies and regulatory mandates.
- Generate comprehensive periodic reports detailing portfolio quality, delinquency metrics, collection rates, and recovery progress.
- Bachelor's degree in Banking, Finance, Accounting, Economics, Law, or a related discipline.
- Minimum of 7-10 years of cognate experience in credit administration, risk management, or loan recovery within the microfinance or commercial banking sector.
- In-depth knowledge of regulatory requirements, credit policies, and lending best practices in the Nigerian financial industry.
- Strong analytical, negotiation, problem-solving, and leadership skills.
- Exceptional attention to detail with high proficiency in credit portfolio auditing and reporting.
- Competitive salary and performance-based incentives.
- Comprehensive health insurance and wellness benefits.
- Opportunities for professional development and career advancement.
- A collaborative and dynamic work environment in a growing financial institution.