Portfolio Manager (Edo State)

About the Opportunity

Moniepoint is Africa's all-in-one financial ecosystem, empowering businesses and their customers with seamless payment, banking, credit, and management tools. In 2023, we processed $182 billion and are Nigeria’s largest merchant acquirer.

Responsibilities

• Team Leadership and Management
  • Supervise, mentor, and provide guidance to Field Credit Officers (FCOs) within the assigned state.
  • Set and communicate clear performance goals and objectives for the FCOs, ensuring alignment with the company’s overall targets and strategy.
  • Conduct regular performance reviews, identify training needs, and foster professional growth among team members.
• Portfolio Oversight and Growth
  • Develop and implement strategies to grow a robust and profitable loan portfolio in the assigned state.
  • Monitor and analyze overall portfolio performance, including loan approvals, disbursements, and repayments, to ensure targets are met.
  • Identify trends and potential risks, taking proactive measures to mitigate any issues that could impact portfolio health.
• Credit Risk Management
  • Ensure adherence to the organization’s credit policies and procedures.
  • Review and approve on loan applications recommended by FCOs, providing final credit decisions where necessary.
  • Conduct periodic credit risk assessments and collaborate with the Regional Credit Manager and VP, Credit Portfolio Management to refine and enhance credit evaluation frameworks.
• Compliance and Reporting
  • Maintain compliance with regulatory requirements and internal policies related to credit operations and portfolio management.
  • Prepare and present regular portfolio performance reports to Regional Credit Manager and VP, Credit Portfolio Management, highlighting key metrics, trends, and recommendations for improvement.
  • Ensure all documentation and records are accurate, up-to-date, and in line with compliance standards.
• Stakeholder Engagement
  • Collaborate with cross-functional teams (Products, Operations, Risk, etc.) to ensure seamless loan disbursement and servicing processes.
  • Develop and maintain strong relationships with business clients and community stakeholders to enhance the company’s market presence.
  • Address and resolve escalated customer issues and inquiries related to the loan portfolio.
• Process Improvement
  • Identify process gaps and inefficiencies within credit administration, making recommendations for system and process enhancements.
  • Stay informed of industry best practices, market trends, and competitor activities, adapting strategies as needed.

About You

Bachelor’s Degree (or higher) in Business, Finance, Economics, or a related field. Minimum of 4-5 years of relevant experience in lending, credit, or portfolio management, with at least 2 years in a supervisory role. Demonstrable experience in credit risk analysis and financial analysis. Strong knowledge of regulatory requirements and compliance in the financial sector. Proven track record in managing and growing a loan portfolio in a fast-paced environment. Must be resident in the state of responsibility.

Benefits

• High degree of integrity, professionalism, and confidentiality when dealing with sensitive information.
• Flexibility to travel for client visits, team meetings, and on-site evaluations as needed.
• Proactive and results-driven mindset, with a commitment to continuous improvement.

About Company

Joining Moniepoint means contributing to one of Africa’s fastest-growing fintech companies. We offer an inclusive and innovative work environment with opportunities for professional development and a chance to make a meaningful impact on financial inclusion across Africa.