Job Offers at Moniepoint Inc. (Formerly TeamApt Inc.)

About the Role

• The Portfolio Manager is responsible for overseeing the loan portfolio and leading a team of Field Credit Officers within a specific state.
• This role involves setting performance targets, ensuring credit risk is managed effectively, maintaining a healthy loan portfolio, and driving growth of the business and loan products.
• The Portfolio Manager will collaborate closely with other departments (Products, Risk, Operations, etc.) to uphold credit policies and ensure successful loan disbursement and repayment.

Key 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.

Qualifications

• 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.

Relevant Skills:

• Leadership & Team Management
• Analytical & Problem-Solving Skills
• Communication & Interpersonal Skills
• Strategic Thinking & Planning
• Attention to Detail
• Technology Proficiency

Other Requirements:

• 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.

go to method of application »

About the Role

• We are looking for a Team Lead, KYE Compliance to ensure that our operations and business transactions follow all relevant legal and internal rules.
• You will also review employees’ work and provide advice on compliance.
• The main goal will be to ensure we operate in a legal and ethical manner while meeting our business objectives.
• If this excites you, it excites us too and we would love to have you.

Key Responsibilities

• Employee Due Diligence: Conduct comprehensive background checks, including regulatory and criminal record verifications, on all prospective employees, ensuring alignment with the bank’s strict compliance and ethical standards.
• Ongoing Monitoring: Continuously track employee activities and behaviors to detect potential risks or conflicts of interest, ensuring all employees meet both internal and regulatory standards for ethical conduct and risk management.
• Documentation Management: Maintain accurate, thorough, and secure records of all KYE-related documentation, ensuring timely updates in accordance with regulatory requirements. This includes preparing detailed reports for audits and compliance reviews.
• Risk Identification & Mitigation: Proactively identify risks related to employee activities that could pose a threat to the bank's integrity. Collaborate with senior management to develop risk mitigation strategies and provide actionable recommendations.
• Regulatory Compliance: Stay well-informed on local and international regulations, including anti-money laundering (AML), know-your-customer (KYC), and employee-related laws. Ensure the bank’s employee vetting processes align with these regulations to avoid legal repercussions. Ensure the Bank's policies and procedures are duly updated, and manage the whistleblowing reports.
• Internal Audits & Investigations: Play an integral role in internal audits, assessing the effectiveness of the bank’s KYE framework, identifying areas for improvement, and ensuring swift corrective actions are taken when necessary.
• Training & Awareness Programs: Develop, update, and deliver tailored compliance training programs for employees, fostering a culture of compliance and reinforcing the bank’s commitment to ethical business practices.
• Cross-Functional Collaboration: Work seamlessly with Human Resources, Legal, Risk Management, and other relevant departments to create and enforce policies that promote compliance across the employee lifecycle.
• Incident Management & Reporting: Monitor, document, and escalate any suspicious behavior or potential violations to the appropriate regulatory authorities and senior management, ensuring that all incidents are reported in line with legal requirements. Excellent report writing, presentation and communication to both internal and external stakeholders.
• Continuous Improvement: Stay at the forefront of compliance trends, regulations, and best practices within the industry, contributing to the enhancement of internal policies and practices to align with evolving regulatory landscapes.

Qualifications & Experience

• Education: A Bachelor’s degree in Law, Finance, Accounting, Business Administration, or any other relevant discipline.
• Certifications: Professional certifications such as ACAMS (Association of Certified Anti-Money Laundering Specialists), ICA (International Compliance Association), or equivalent are highly desirable.
• Experience: A minimum of 4 to 5 years of hands-on experience in compliance, risk management, or a related field, preferably within the banking or financial services sector. Exposure to KYE, KYC, and AML regulations will be an advantage.
• Knowledge: In-depth understanding of Nigerian banking regulations, anti-money laundering (AML) laws, employee compliance, and data protection legislation. Familiarity with both local and global best practices for employee due diligence is essential.

Skills:

• Exceptional analytical skills with a keen attention to detail.
• Outstanding verbal and written communication abilities.
• Strong interpersonal skills, with the ability to build relationships across all levels of the organization.
• Demonstrated ability to maintain discretion and confidentiality when handling sensitive information.
• Advanced proficiency in Microsoft Office Suite (Excel, Word, PowerPoint), and familiarity with compliance management software.