Housing Sector Consultant at Infrastructure Credit Guarantee (InfraCredit)

Infrastructure Credit Guarantee (InfraCredit) is a ‘AAA’ rated specialized infrastructure credit guarantee institution backed by the Nigeria Sovereign Investment Authority, GuarantCo and InfraCo Africa (Private Infrastructure Development Group companies), KfW Development Bank, Africa Finance Corporation and African Development Bank to provide local currency guarantees and mobilize long term debt financing for infrastructure in Nigeria.

InfraCredit’s guarantees act as a catalyst to attract domestic credit from pension funds, insurance firms and other longterm investors into credit-worthy infrastructure projects, thereby deepening the Nigerian debt capital markets. InfraCredit operates in Nigeria on a commercial basis with private sector governance and mainly supports brownfield operating infrastructure companies. InfraCredit maintains the highest domestic financial strength ratings accorded to any financial institution by Agusto & Co. and Global Credit Ratings Co., the two leading domestic credit rating agencies.

We are recruiting to fill the position of:

Job Title: Housing Sector Consultant

Location: Lagos
Employment Type: Full-Time
Report To: The Chief Executive Officer

Job Description

• Leveraging data from the existing reports and working with the Fund, design and implement an effective homebuyer profiling and underwriting system that is compatible with InfraCredit’s Affordable Housing Programme criteria.
• Recommend appropriate automated platforms and systems suitable for effectively conducting the end-to-end mortgage origination and underwriting process.

Job Responsibilities
The Consultant will be required to carry out the following activities:

• Review existing reports from consultants on loan origination, homebuyer profiling and underwriting process for the Housing Solution Fund (the Fund) and where applicable, identify areas for further assessment
• Leveraging data from the existing reports and working with the Fund, design and implement an effective homebuyer profiling and underwriting system that is compatible with InfraCredit’s Affordable Housing Programme criteria
• Recommend appropriate automated platforms and systems suitable for effectively conducting the end-to-end mortgage origination and underwriting process
• Identify experienced developers that can design (or have designed) the systems recommended
• Test run the system using InfraCredit’s housing developer pipeline being co-financed under the collaboration between InfraCredit and the Fund
• Advise on standardised mortgage origination/aggregation schemes that can potentially accelerate housing development off-take
• Any other responsibilities as may be assigned from time to time during the engagement period.

Skills
Candidates for the role should possess the following qualifications:

• First Degree in Business Administration, Accounting, Economics, Finance, or a closely related field
• Up to seven years of credit risk and mortgage finance experience at a leading mortgage lending institution or in a mortgage unit of a major financial institution in Nigeria
• Good grasp of the issues and constraints faced by the housing market participants in Nigeria
• Demonstrated experience in the use of technology for mortgage origination, profiling and underwriting process
• Proven analytical skills and systematic problem solving, as well as excellent communication and writing skills
• Ability to effectively manage competing deadlines for projects in a high-pressure work environment, with varying degrees of supervision
• Strong project management skills, and demonstrated commitment to professional and client service excellence
• Acute attention to detail and a dedication to providing high quality work products
• Fluency in use of all Microsoft Office applications, particularly Excel.

Application Closing Date
Not Specified.