Head of Credit

Job Summary

To drive the execution of credit risk strategies that optimize the subsidiary’s credit portfolios from a reward versus risk perspective while balancing capital constraints and market sensitivity to levels of non-performing debt.

Job Details

1. Ensure efficient implementation and compliance with Letshego’s policies, procedures relating to credit risk, including for provisioning, write offs and arrears management.
2. Prepare monthly reports on country management of arrears and compliance. 
3. Make recommendations for Country write offs. 
4. Monitor progress on issuing and serving summons’ on debtors.
5. Provide recommendations on achieving set loan book performance and impairments practices.
6. Ensure that all loans and lending procedures comply with applicable regulations.
7. Analyse new customer’s credit worthiness.
8. Look after the Instant loans responsibility from a Credit perspective.

Requirements

• A degree in finance / Information Systems /Economics or similar
• Experience in credit management gained in Consumer Finance, retail SME or microfinance environment.
• At least 7 years’ experience in Credit Risk within Financial Services .
• Knowledge of local laws, rules and regulations
• Understanding of credit risk strategies to maximise benefit from opportunities that arise to give some input to upside benefits to the business. 
• Hands on experience with credit risk management systems.
• Ability to analyze and monitor country credit risks that face the business. 
• Ability to devise solutions relevant to a particular situation considering the specific circumstances, country laws and norms
• Quality Assurance of all loan portfolios

About Company

Letshego Eswatini

https://www.letshego.com

Letshego is a Setswana term meaning ‘support’. At Letshego we provide financial support to our customers. Our new brand mark is a stronger, bolder and more modern depiction of the Letshego tripod.