Team Manager - Merchant Lending at Fairmoney Microfinance Bank

FairMoney is the leading digital lending platform in Nigeria. In 2020, we disbursed 40% more than the next competitor. We have continued to scale quickly and prudently culminating in our closing of our $42 million Series B Equity round. Due to our growth, we are scaling our Capital Markets team to further drive an ambitious local currency debt fundraising program. You will be joining an innovative and ambitious team that recently closed a Fintech Private Note with leading investment banks acting as Arrangers to the offer. We have plans to continue to offer debt investors a range of innovative solutions to enable them to provide FairMoney, a fast-growing yet prudent fintech with debt funds. This is where you come in.

We are recruiting to fill the position below:

Job Title: Team Manager - Merchant Lending

Location: Nigeria
Job type: Full-time

Job Summary

• The Team Manager will Manage with effectiveness and efficiency a team portfolio of customers with the strict minimum risk acceptance level by selling the different products of the company. 
• The Por supervisor remains responsible of the portfolio activities of his/her team from promotion, loan assessment, disbursement collection and complete recovery. 
• He/she is also responsible for having a good relationship with FairMoney's clients and encourage them to buy all the products they are qualified for. 

Key Responsibilities
Loan Officer Supervision:

• Manage Team of Portfolio managers play a team leadership role that motivates team members to achieve excellence
• Ensure that individual loan officers on team meet monthly disbursement objectives
• Ensure that individual loan officers on team meet monthly quality targets by maintaining a very strict minimum risk level
• Monitor performance to make sure that every team member is performing to the optimum level and ensure that the policy and procedures are respected
• Conduct pre-disbursement field visits with loan officers on team
• Monitor daily repayment
• Support loan officers with loan recovery, client acquisition
• Approving loans when approval authorities are granted
• Assessing periodically the performance of his/her team member for decision making
• Support the area manager or the state manager in building a good working environment
• Represent the institution towards active and potential partners with dignity and pride

Training:

• Provide regular training for loan officers on team
• Coach and mentor loan officers

Reporting:

• Prepare daily reports on individual loan officer performance
• Other tasks as assigned

Requirements

• HND/Bachelor's Degree in Sales and Marketing or related fields
• A minimum of 6 years of experience in Loan Sales / Portfolio Management and team management
• Ability to motivate a team of Sales Managers for performance
• Extremely flexible, result-oriented, and hardworking with a strong track record of success
• Ability to self-motivate and manage self
• Good communication and interpersonal skills
• High level of integrity
• Dynamic and motivated and individuals who like to work outdoors
• Target Driven.

Benefits

• Private Health Insurance
• Performance Bonus
• Pension Plan
• Training & Development.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online

Recruitment Process

• A screening call with a member of the recruitment team for 30 minutes
• Technical interview with the hiring manager for 30 to 60 minutes.