At Huko Advisory Services, we help businesses unlock their full potential through smart, strategic, and innovative human capital solutions. Based in Lagos, Nigeria, we provide HR outsourcing, recruitment, training, consulting, and workforce development services to businesses across industries.
We
are recruiting to fill the position below:
Job Title: Head of Credit
Location: Lekki, Lagos
Employment Type: Full-Time
Reports To: Managing Director
Job Purpose
The
Head of Credit will e with the Bank’s credit policies, risk appetite, CBN
regulations and other applicable regulatory requirements.
Key Responsibilities
Credit
Strategy & Policy:
Develop
and implement the Bank’s credit strategy in line with business objectives and
risk appetite.
Ensure
appropriate credit risk standards across all lending products.
Recommend
improvements to credit products, pricing, collateral requirements and lending
structures.
Ensure
compliance with CBN regulations, internal policies and approved risk
parameters.
Credit
Appraisal & Approval:
Oversee
the appraisal, review and approval/recommendation of credit facilities within
delegated authority.
Review
complex, high-value and high-risk credit proposals.
Ensure
proper analysis of financial statements, cash flows, repayment capacity,
business viability and credit history.
Ensure
appropriate KYC, credit bureau checks, collateral verification and
documentation.
Portfolio
& Risk Management:
Take
overall responsibility for the quality and performance of the Bank’s loan
portfolio.
Monitor
PAR, NPL, delinquency, provisioning, write-offs and recovery performance.
Monitor
portfolio concentration by product, sector, geography, customer and obligor.
Microfinance
& Commercial Lending:
Provide
oversight for microfinance, retail, consumer, SME and commercial lending.
Apply
appropriate cash-flow based and risk-based lending methodologies.
Ensure
effective management of high-volume microfinance lending and more structured
commercial/SME exposures.
Develop
appropriate lending limits and risk parameters for different customer segments.
Recovery
& Remedial Management:
Provide
strategic oversight of delinquent and non-performing accounts.
Work
closely with the Recovery/Collections team to improve recovery rates.
Review
and recommend restructuring, rescheduling and write-offs in line with approved
policies.
Ensure
timely escalation of problematic and high-risk accounts.
Analyze
causes of delinquency and implement preventive credit measures.
Credit
Governance & Reporting:
Chair
or participate in the Management Credit Committee as assigned.
Ensure
proper documentation of credit decisions, conditions and exceptions.
Prepare
regular credit and portfolio reports for Management and the Board.
Liaise
with Risk, Internal Control, Compliance, Internal Audit and External Auditors
on credit-related matters.
Ensure
prompt resolution of credit-related audit and regulatory findings.
Team
Leadership:
Lead,
coach and develop the Credit team.
Set
clear performance objectives and KPIs.
Build
a strong culture of credit discipline, accountability, integrity and sound risk
judgment.
Ensure
continuous training and development of credit personnel.
Qualification and
Experience
Bachelor’s
Degree/HND in Finance, Accounting, Economics, Banking & Finance, Business
Administration, Statistics, Mathematics or a related discipline.
Must
have 8–10 years’ relevant banking/financial services experience.
Minimum
of 5 years’ experience in Credit, Credit Risk, Lending or Portfolio Management.
Mandatory
experience in both a Microfinance Bank and a Commercial Bank.
At
least 3 years in a senior/managerial credit position, preferably as Credit
Manager, Senior Credit Risk Manager, Head of Credit or similar role.
Proven
experience in SME, commercial, retail and microfinance lending.
Demonstrable
experience managing loan portfolios, PAR/NPL, credit risk and recoveries.
Strong
knowledge of CBN regulatory requirements and credit risk management practices.
Experience
participating in or managing Credit Committees is highly desirable.
Must
have particiapted in at least 2 CBN audit
Professional
Certificate:
Required/Strongly Preferred:
ACIB/CIBN
qualification, preferably with Microfinance Certification.
Any
of the following will be an added advantage:
ICAN/ACA/ACCA
CFA
FRM
Professional
Credit/Risk Management Certification
MBA/Master’s
Degree in Finance, Banking, Accounting, Economics or Risk Management.
Salary
N800,000
- N1,2000,000 / Month (Net)
Benefits:
One
day remote in a week
Tax,
pension, HMO.
13th
Month annual Bonus.
Application Closing Date
21st
October, 2026..
How to Apply
Interested
and qualified candidates should send their CV to: Hr@huko-advisory.com using the Job Title as the
subject of the mail
