Head of Credit at Sewa Assets Management Limited

Sewa Assets Management Limited  - We are an assets management and finance consultancy firm positioned to meet the ever-changing demands and requirements of our clients in the 21stcentury.

Since inception, we have strategically positioned ourselves to take advantage of growth prospects in the Nigerian and African markets on behalf of our clients. Over the last few years, Sewa Assets has established a strong reputation for market expertise in asset management, investment advisory, business intelligence, consultancy, and financial support services.

We are recruiting to fill the position below:

Job Title: Head of Credit

Location: Lekki Epe Express Road, Lagos

Job Summary

• The Head of Credit is a senior banking executive responsible for leading the credit function across retail, corporate, and SME portfolios.
• This role ensures sound credit risk assessment, portfolio management, and regulatory compliance with the Central Bank of Nigeria (CBN) and other relevant authorities.
• The Head of Credit provides strategic guidance for loan origination, approval, monitoring, and recovery while balancing growth and risk.

Key Responsibilities

• Develop and implement credit policies, procedures, and lending guidelines compliant with CBN regulations.
• Oversee credit approval processes for corporate, SME, and retail loans, ensuring due diligence and risk assessment.
• Monitor the bank’s credit portfolio, identifying emerging risks and recommending mitigation strategies.
• Lead loan structuring, covenants, collateral management, and credit risk reporting.
• Ensure adherence to the Prudential Guidelines, CBN Circulars, and regulatory reporting requirements.
• Collaborate with Risk Management, Internal Audit, and Compliance on portfolio stress testing, NPL management, and recovery strategies.
• Mentor and develop credit officers, analysts, and relationship managers to strengthen the credit function.
• Prepare periodic credit risk reports, early warning indicators, and management dashboards for the board.

KPIs

• Non-performing loan (NPL) ratio
• Loan growth vs. credit risk appetite
• Timeliness and accuracy of credit approvals
• Compliance with CBN Prudential Guidelines.

Qualifications & Experience

• Bachelor’s Degree in Finance, Banking, Accounting, Economics, or related field; MBA preferred.
• Professional banking certifications such as ACA, ACCA, CFA, or ICAN advantageous.
• 8+ years in credit management within a bank, with 5 years in a senior leadership role.

Required Skills & Competencies:

• Strong knowledge of banking regulations and credit risk frameworks.
• Advanced analytical, problem-solving, and decision-making skills.
• Leadership and mentoring capabilities.
• Excellent communication for board-level reporting and interdepartmental collaboration.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should send their Applicaion and Resume to: nengimina@ricchezzafinance.com using the Job Title as the subject of the email.