Card & Loans Business Manager – Fintech MFB at a Licensed Fintech-driven Microfinance Bank - Veridion Advisory Partners

Veridion Advisory Partners - Our client is a licensed fintech-driven microfinance bank positioned to redefine digital financial inclusion through technology-enabled lending, payments, and savings solutions. As a startup institution entering a critical growth phase, the organization is building a scalable digital banking model designed to serve individuals, SMEs, and underserved markets through secure, data-driven financial services aligned with CBN regulatory standards.

To establish a world-class financial foundation and institutional governance structure from inception, they are recruiting an exceptional executive to fill the position below:

Job Title: Card & Loans Business Manager – Fintech MFB

Location: Lagos
Employment Type: Full-time

Job Description

• Own the strategy, execution, and growth of the bank’s card and loan products.
• Build product structures, operational processes, distribution channels, and portfolio monitoring frameworks from scratch.

Responsibilities
Product Strategy & Development:

• Define the strategy for card and loan products aligned with growth targets.
• Design product features, pricing, and terms based on market insights and regulatory requirements.
• Partner with fintech technology teams to implement card issuance, digital lending, and loan management systems.

Business Growth & Customer Acquisition:

• Develop and execute strategies to acquire and retain customers for card and loan products.
• Drive promotional campaigns, partnerships, and incentive structures to grow product adoption.
• Monitor and optimize customer acquisition cost (CAC), portfolio growth, and revenue performance.

Portfolio Management & Compliance:

• Own the P&L for the card and loan portfolio, ensuring profitable growth while maintaining portfolio quality.
• Monitor portfolio performance and NPL trends; escalate high-risk cases to senior management or Credit Committee.
• Ensure all lending and card operations comply with CBN and NDIC regulations.

Operations & Process Excellence:

• Establish end-to-end workflows for loan disbursement, card issuance, collections, and settlements.
• Introduce automation and reporting tools to enhance underwriting, repayment, and portfolio tracking.
• Define KPIs to monitor portfolio growth, revenue, NPLs, and customer satisfaction.

Leadership & Cross-Functional Collaboration:

• Lead cross-functional teams in executing card and loan operations.
• Mentor and train junior staff as the vertical scales.
• Provide actionable insights to senior management for strategic decisions.

Requirements
Education:

• Bachelor’s Degree in Finance, Accounting, Economics, Business Administration, or related fields
• MBA or professional certifications (CFA, CPA, Risk Management) are a plus.

Experience:

• 8+ years in cards, loans, retail, or SME lending business management, preferably in a bank, microfinance, or fintech environment.
• Proven track record in launching, scaling, or managing loan and card products.
• Experience in digital lending, fintech banking, or MFB operations is highly desirable.
• Understanding of credit scoring, underwriting, loan monitoring, and collections in line with CBN/NDIC regulations.

Other Requirements:

• High professional integrity and ethical standards.
• Ability to operate effectively in a fast-paced fintech environment.
• Willingness to undergo regulatory verification, portfolio validation, and background checks.
• Capacity to collaborate across teams and escalate high-risk issues appropriately.

Skills:

• Strong understanding of cards and loan products, including fintech lending and digital banking.
• Knowledge of credit policy compliance, portfolio monitoring, and risk awareness.
• Data-driven decision-making, with experience analyzing KPIs and portfolio trends.
• Strong stakeholder management, negotiation, and team leadership skills.
• Startup mindset: comfortable building processes from scratch and working in ambiguity.

Remuneration

• Competitive compensation aligned with fintech microfinance benchmarks.
• Performance-linked incentives tied to portfolio growth, revenue generation, NPL management, and regulatory compliance.

Application Closing Date
13th March, 2026.