Head of Credit
AI summary
A reputable Tier-2 Microfinance Bank in Ikere, Ekiti State is hiring a Head of Credit to lead the Credit Division. The role covers the full credit life cycle including appraisal, risk assessment, disbursement, portfolio monitoring, and recovery, with a focus on maintaining NPL ratios within CBN regulatory thresholds.
- Lead the entire credit life cycle from appraisal to recovery
- Oversee portfolio quality and keep NPL ratio below regulatory limits
- Ensure compliance with CBN and NDIC credit risk frameworks
- Supervise and mentor credit analysts and loan officers
- Work onsite in Ikere, Ekiti State
AI job guide
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AI salary guide
Not enough public dataNot enough public salary data is available for this exact role. Before applying, prepare to ask about gross pay, benefits, contract length, probation period, transport and any allowances.
Can you qualify for this role?
- Required5+ 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 retail, internship, technologyThe tags and summary point to skills connected with this role.
- RequiredAvailability to work in Not specifiedThe 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 evidence in the first half of your CV.
- In your cover letter or employer message, connect your experience to Resort Consult Ltd and the role in Not specified.
- Add concrete examples related to retail, internship, technology, ideally with measurable outcomes or clear responsibilities.
- Follow the instructions from MyJobMag Nigeria; avoid sending documents to unofficial contacts or copied links.
- Confirm the deadline, interview location and employer contact before sharing personal documents.
- Prepare a polite question about pay, benefits and contract terms for later interview stages.
Source and safety check
- MyJobMag 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 role in retail, internship?
- How have you handled responsibilities similar to those in this job post?
- Are you available to work in Not specified under the listed contract or schedule?
- Prepare examples with clear responsibilities, tools used and measurable outcomes.
- Review the source and research Resort Consult Ltd 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
Resort Consult Ltd (RC 621240) was incorporated on 12th April 2005 and commenced business in January 2006. It is a financial and management consultancy organization that is widely known as a reliable consultancy institution with deep industry knowledge and a great reputation for delivering value. It specializes in Business, Project and Manpower Development f...
Head of Credit
Job Type: Full Time
,
Onsite
Qualifications
- BA/BSc/HND
- ,
- MBA/MSc/MA
- ,
- Professional Certificate
Experience
5 - 15 years
Location: Ekiti
Job Field: Banking
Sector: Microfinance Banking (Tier-2)
Status: Senior Management
Job Summary
A reputable and fast-growing Tier-2 Microfinance Bank operating in Ikere, Ekiti State, is seeking an experienced, analytical, and results-driven financial professional to serve as its Head of Credit.
The successful candidate will lead the Credit Division, overseeing the entire credit life cycle—from appraisal and risk assessment to disbursement, portfolio monitoring, and recovery.
The Head of Credit will be responsible for building a high-quality loan portfolio, maintaining non-performing loans (NPLs) within regulatory thresholds, and aligning lending operations with Central Bank of Nigeria (CBN) guidelines.
Minimum of 5 years’ relevant
in financial services, with at least 2 years in a supervisory or managerial credit role within a Microfinance Bank or Deposit Money Bank.
Certifications: Microfinance Certified Banker (MCIB / MCP) qualification is mandatory. Additional professional certifications (ACIB, ACA, ACCA) are an added advantage.
Technical Skills: Deep expertise in MSME lending, group lending dynamics, credit scoring, loan workout structures, and core banking software (e.g., BankOne, Finrak).
Local Knowledge: Solid understanding of the Ekiti State business environment, micro-entrepreneurial trends, and agricultural value chains.
Soft Skills: Strong analytical capabilities, sound judgment, negotiation skills, leadership, and uncompromised personal integrity.
Remuneration &
and industry standards.
Check how your CV aligns with this job
Method of Application
- Interested and qualified candidates should forward their Application Letter and Curriculum Vitae (CV) in PDF to:
- a.funmilayo@resortconsult.com
- , cc:
- info@resortconsult.com
- using Head of Credit as the subject.
- Build your CV for free.
- Download in different templates.
Key Responsibilities
- Credit Strategy & Policy: Formulate, review, and implement credit policies and underwriting standards aligned with CBN guidelines and the bank’s risk appetite.
- Portfolio Management: Oversee portfolio quality, drive delinquency management, and maintain the Non-Performing Loan (NPL) ratio well below regulatory limits.
- Credit Appraisal & Underwriting: Evaluate, structure, and approve or recommend credit requests for MSMEs, group lending, and retail clients.
- Risk Assessment: Identify, measure, and mitigate credit risk across all loan products, ensuring adequate provisioning and credit loss protection.
- Loan Recovery & Workout: Direct credit recovery operations, manage default portfolios, and supervise legal and field recovery teams.
- Product Development: Partner with business development teams to design, test, and roll out market-relevant loan products tailored to the local economic environment.
- Regulatory Compliance: Ensure full compliance with CBN credit risk management frameworks, NDIC guidelines, and internal governance policies.
- Team Leadership & Capacity Building: Supervise, mentor, and build capacity among credit analysts, loan officers, and field recovery personnel.
- Board & Executive Reporting: Prepare and present periodic portfolio quality, loan performance, and credit risk management reports to the Management and Board Credit Committee.
- Qualifications &
Requirements
Education
Bachelor’s degree in Banking & Finance, Accounting, Economics, Agricultural Economics, or a related discipline; a Master’s degree is an added advantage.
Benefits
Attractive and performance-based, commensurate with