Head of Credit at Bridgemead HR

Bridgemead HR provides customized HR solutions to optimize workforce productivity and profitability. Our expert trainers design bespoke training programs, innovative HR strategies, and efficient payroll systems tailored to each client’s unique needs.

Job Title: Head of Credit

Location: Lagos

Employment Type: Full-time

Job Overview

• We are looking for a competent and experienced professional to lead our credit department. The Head of Credit will be responsible for setting credit strategy, overseeing the full credit process, managing risk, and ensuring sustainable portfolio growth.
• The ideal candidate is someone who understands the realities of lending in a financial institution environment balancing sound credit judgment with a deep understanding of the financial challenges faced by our clients.

Key Responsibilities

• Develop and lead the execution of the financial institution overall credit strategy, ensuring alignment with business goals and regulatory expectations.
• Design, implement, and regularly review credit policies, risk frameworks, and standard operating procedures to guide credit operations across all units.
• Oversee the full credit cycle, including customer assessment, loan approval, disbursement, monitoring, restructuring, and recovery.
• Track portfolio performance indicators such as PAR (Portfolio at Risk), NPLs (Non-Performing Loans), and risk exposures. Provide timely analysis and interventions where necessary.
• Ensure that all credit practices comply with CBN regulations and internal risk policies. Engage with auditors and regulators during reviews and examinations.
• Lead, coach, and support the credit team. Promote a culture of accountability, responsiveness, and professionalism.
• Work with product and marketing teams to develop or refine loan products that are commercially viable and client-friendly.
• Prepare regular reports for senior management and the board on credit performance, trends, emerging risks, and areas for improvement.
• Liaise with other departments—Operations, Finance, Legal, and IT—to ensure a smooth and coordinated credit process.

Education & Certifications

• Bachelor’s degree in Finance, Accounting, Economics, Business Administration, or related field.
• Master’s degree (MBA or related) is an advantage.
• Professional certifications such as CIBN, Certified Credit Professional (CCP), RIMAN, or ICAN/ACCA are preferred and will be an added advantage.

Experience:

• Minimum of 8 years’ experience in credit or risk management, preferably in a Financial institution or retail Financial institution ing environment.
• At least 3 years in a leadership or senior management position.
• Demonstrated experience in credit operations, risk analysis, collections, and portfolio management.
• Proven track record of reducing loan defaults and improving credit systems.

Application Closing Date
Not Specified.

How to Apply: Interested and qualified candidates should send their CV and Cover Letter to: [email protected] using the job title as the subject of the email.