Credir Risk Lead at Stresert Services Limited

Ref No: SM-CR-24

Role Summary:

The SME Credit Risk Manager/Lead will develop and manage the credit risk assessment framework, underwriting standards, and portfolio monitoring processes for our SME lending operations. This individual will ensure that credit decisions align with the company’s risk appetite, balancing growth with sustainable asset quality.

Key Responsibilities:

Credit Risk Strategy and Framework Development:

• Design and implement credit risk policies, processes, and scorecards tailored to the SME market.
• Develop metrics and thresholds for evaluating SME creditworthiness using financial, transactional, and non-financial data.

Underwriting and Credit Assessment:

• Oversee loan application reviews, financial analysis, and creditworthiness assessments.
• Evaluate complex loan applications and provide recommendations on exposures, collateral, and terms.

Portfolio Management and Monitoring:

• Monitor portfolio quality by tracking key metrics such as NPL ratios, delinquency trends, and debt service ratios.
• Implement early warning systems to flag potential risks and recommend mitigation strategies.

Collaboration and Reporting:

• Work closely with sales, technology, and operations teams to streamline the credit approval process.
• Prepare and present regular risk reports to leadership and stakeholders, ensuring regulatory compliance.

Market and Industry Analysis:

• Stay updated on industry trends, SME lending dynamics, and regulatory changes in Nigeria to refine risk approaches.

Candidate Profile:

Background:

• A seasoned professional with 5-10 years of experience in credit risk management, particularly in SME lending at MFBs, banks, FHs, or fintech companies.
• Candidates with experience in building risk frameworks for new or scaling lending operations are highly preferred.

Key Qualifications:

• Proven expertise in credit risk analysis, portfolio monitoring, and loan structuring for SMEs.
• Strong knowledge of Nigerian SME markets, regulatory landscape, and economic conditions.
• Proficiency in leveraging financial and non-financial data for credit decisions.
• Demonstrated leadership in developing and managing high-performing credit teams.

Soft Skills:

• Analytical and data-driven decision-making capabilities.
• Strong communication and stakeholder management skills.
• Proactive problem-solving mindset with attention to detail.

Education:

• A degree in Finance, Accounting, Economics, or a related field is required.
• Professional certifications (e.g., CFA, FRM, or ICAN) are an added advantage.

Search Scope:

• Established players from commercial banks, microfinance banks, development finance institutions, and fintech companies in Nigeria.
• Candidates from industries with transferable skills, such as consulting or investment analysis with SME focus.