Head of Credit and Marketing at Prosperity Microfinance Bank

Prosperity Microfinance Bank Nigeria Limited (PMBank) is a Microfinance Bank incorporated in Nigeria with the Corporate Affairs Commission of Nigeria in March 2005 under the provisions of the Companies and Allied Matters Act CAP C20 LFN 2004 with registration number RC 620230 and commenced operations on 10th October 2005. It is licensed to carry on the business of microfinance banking by the Central Bank of Nigeria.

We are recruiting to fill the position below:

Job Title: Head of Credit and Marketting

Location: Benin, Edo
Employment Type: Full-time

Responsibilities

• Develop and implement the bank's credit strategy in alignment with overall business objectives.
• Monitor and analyze market trends to identify opportunities for new credit products and services.
• Build and maintain relationships with key stakeholders, including regulatory bodies, customers, and partners.
• Oversee the entire credit approval process, ensuring compliance with the bank’s credit policy and regulatory standards.
• Supervise the preparation of credit proposals and ensure timely and accurate appraisals.
• Monitor loan disbursements and collections to achieve portfolio quality and minimize non-performing loans (NPLs).
• Design and implement effective credit risk management frameworks to ensure the sustainability of the loan portfolio.
• Conduct periodic reviews of credit policies to align with regulatory updates and market conditions.
• Ensure the proper classification of loans and adherence to provisioning requirements as stipulated by the Central Bank of Nigeria (CBN).
• Lead and develop the credit team, ensuring continuous training and capacity building.
• Set performance targets for credit officers and monitor their achievements.
• Foster a culture of accountability, teamwork, and customer-centricity within the credit department.
• Ensure all credit activities comply with CBN regulations, including reporting on credit risk and portfolio performance.
• Prepare and submit accurate credit reports to management and regulatory bodies as required.
• Liaise with auditors and examiners during audits to address credit-related queries and recommendations.

Requirements

• Candidates should possess an HND / OND / B.Sc Degreee with 10-20 years work experience. 

Salary
N250,000 - N300,000 / Month. 

Application Closing Date
5th August, 2025.

Method of Application
Interested and qualified candidates should send their CV and Cover Letter to: nhrecruiters@gmail.com using the job title as the subject of the email.