Head, Loan Monitoring at Alan & Grant | Nigeria

Alan & Grant is partnering with a leading Microfinance Bank in Nigeria to recruit a Head, Loan Monitoring. This pivotal role will oversee the crucial post-disbursement loan monitoring processes, ensuring the financial health and compliance of the Bank’s loan portfolio. The ideal candidate will possess strong leadership skills, a deep understanding of credit risk management within the microfinance sector, and a commitment to upholding the Bank’s mission of empowering individuals and SMEs.

Job Overview

The Head, Loan Monitoring will be instrumental in safeguarding the Bank’s assets by meticulously tracking and evaluating loan performance after disbursement. This includes developing and implementing robust monitoring frameworks, identifying potential risks early, and recommending proactive strategies to mitigate them. The role demands a strategic thinker with the ability to manage a team and ensure adherence to all regulatory requirements and internal policies.

Key Responsibilities

• Lead and manage the post-disbursement loan monitoring unit.
• Develop and implement effective loan monitoring strategies and procedures.
• Conduct regular reviews of loan portfolios to assess performance and identify potential risks.
• Analyze loan repayment trends and borrower financial health.
• Collaborate with the credit and recovery teams to address non-performing loans.
• Ensure compliance with all relevant banking regulations and internal policies.
• Prepare comprehensive reports on loan portfolio performance for senior management.
• Provide guidance and training to the loan monitoring team.

Requirements

• Bachelor’s degree in Finance, Accounting, Economics, or a related field.
• Proven experience in loan monitoring, credit risk management, or a similar role within a financial institution, preferably in microfinance.
• Strong analytical and problem-solving skills.
• Excellent leadership and team management abilities.
• In-depth understanding of the Nigerian financial regulatory landscape.
• Proficiency in financial analysis and reporting tools.
• Effective communication and interpersonal skills.

What We Offer

• Opportunity to lead a critical function within a reputable Microfinance Bank.
• A dynamic and challenging work environment.
• Competitive remuneration package.
• Professional development and growth opportunities.
• The chance to contribute to financial inclusion in Nigeria.