Head of Credit and Recovery
AI summary
Opticrest Consulting is hiring a Head of Credit and Recovery in Lagos, Nigeria. The role involves developing credit policies, managing the bank's loan portfolio, ensuring asset quality, overseeing loan recovery, and ensuring compliance with CBN regulations. The position offers a salary of NGN 900,000 – 1,200,000 and requires a Bachelor's degree, MCIB certification, and at least 10 years of banking experience.
- Senior-level role in credit administration and loan recovery
- Salary range NGN 900,000 – 1,200,000
- Based in Lagos, Nigeria
- Requires MCIB certification and 10+ years banking experience
- Full-time position, 8 to 5 working hours
AI job guide
Use this guide to check salary signals, requirements, documents, application steps and safety before you apply.
AI salary guide
Source salary availableThe source lists NGN 900,000 - 1,200,000. Confirm the final pay, benefits, contract terms and allowances directly with the employer before accepting an offer.
Can you qualify for this role?
- Required10+ years of relevant experienceThe job post includes a minimum experience signal.
- RequiredEducation or certification mentioned in the postThe captured text mentions education, a diploma, certificate, or licence.
- PreferredPractical evidence in internship, finance, AccountingThe tags and summary point to skills connected with this role.
- RequiredAvailability to work in LagosThe vacancy is associated with this location.
- UnclearComfort with the Full Time contract termsConfirm hours, duration, probation and benefits at the original source.
Documents to prepare
- Likely requiredUpdated CV
- Role specificCover letter or short employer message
- OptionalProfessional references
- Role specificAcademic or professional certificates
- VerifyID or passport only after verifying the employer
Application tips for this job
- Place your strongest Head of Credit and Recovery evidence in the first half of your CV.
- In your cover letter or employer message, connect your experience to Opticrest Consulting and the role in Lagos.
- Add concrete examples related to internship, finance, Accounting, ideally with measurable outcomes or clear responsibilities.
- Follow the instructions from Jobberman Nigeria; avoid sending documents to unofficial contacts or copied links.
- Confirm the deadline, interview location and employer contact before sharing personal documents.
Source and safety check
- Jobberman Nigeria
- Original source link available
- Application method is clear
- Deadline not specified
- No major risk signal was detected in the captured text.
Never pay for interviews, shortlisting, medical checks, uniforms, or job placement. Confirm every application at the original source before sharing personal documents. Report suspicious listing.
Interview preparation
- What experience makes you a strong fit for this Head of Credit and Recovery role in internship, finance?
- How have you handled responsibilities similar to those in this job post?
- Are you available to work in Lagos under the listed contract or schedule?
- Prepare examples with clear responsibilities, tools used and measurable outcomes.
- Review the source and research Opticrest Consulting before the interview.
Ask what the first priorities will be in the role and how success will be measured.
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Original source description
Head of Credit and Recovery Opticrest Consulting Accounting, Auditing & Finance Today Easy apply New Lagos Full Time Banking, Finance & Insurance NGN 900,000 - 1,200,000 Share link Share on WhatsApp Share on LinkedIn Share on Facebook Share on Twitter Share via SMS Job summary The successful candidate will be responsible for developing and implementing sound credit administration processes, managing the Bank's loan portfolio, ensuring high asset quality, and driving sustainable loan growth while maintaining compliance with regulatory requirements: and the Bank's credit policies. Min Qualification: Degree Experience: Level: Senior level Experience: Length: 10 years Language Requirement: English Working Hours: Full Time - 8 to 5 Applicant Location: Lagos, Nigeria Job descriptions & requirements: Responsibilities: Develop, implement, and periodically review the Bank's Credit Policy, lending procedures, and credit administration framework. Lead the appraisal, evaluation, recommendation, and monitoring of credit facilities in line with the Bank's risk appetite and lending policies. Ensure proper credit underwriting, documentation, disbursement, and post-disbursement monitoring of all loan facilities. Monitor the quality of the Bank's loan portfolio and implement strategies to minimize non-performing loans (NPLs). Oversee loan recovery activities and develop effective recovery strategies for delinquent accounts. Review credit proposals and make recommendations to the Management Credit Committee and Board Credit Committee, as applicable. Conduct periodic portfolio reviews and ensure compliance with the Prudential Guidelines and other regulatory requirements. Work closely with the Marketing and Business Development team to drive quality loan growth without compromising credit standards. Monitor industry trends, sector risks, and economic developments that may impact theBank's credit portfolio. Prepare periodic credit performance reports, portfolio analysis, and management information for Executive Management and the Board. Ensure compliance with CBN regulations, AML/CFT requirements, KYC standards, and internal credit policies. Develop and implement credit risk mitigation strategies to protect the Bank's assets. Mentor and supervise members of the Credit Department to ensure high performance and continuous professional development. Drive continuous improvement in credit processes through technology and process automation. Perform any other duties as may be assigned by Executive Management. Requirements: Bachelor's Degree in Accounting, Banking & Finance, Economics, Business Administration, or a related discipline. Mandatory: MCIB certification. Minimum of 10 years' cognate banking experience, with at least 3 years in Credit Administration, Credit Risk Management, or Lending within a Microfinance Bank, Commercial Bank, or other financial institution. Strong knowledge of credit analysis, financial statement analysis, loan structuring, credit risk management, and loan recovery. Sound understanding of the CBN Prudential Guidelines, Microfinance Banking Regulations, AML/CFT requirements, and KYC standards. Proven ability to manage loan portfolios while maintaining strong asset quality and minimizing credit losses. Excellent analytical, negotiation, communication, report-writing, and decision-making skills. High level of integrity, professionalism, and attention to detail. Professional certifications such as ACIB, CFA, CAMS, FRM, CRM, or other relevant professional certifications will be an added advantage. Log In and Apply Important safety tips Do not make any payment without confirming with the Jobberman Customer Support Team. If you think this advert is not genuine, please report it via the Report Job link below. Report Job