Job Details

Job Description

Brief Description

The job holder will be responsible for credit management which will include making all lending decisions on behalf of Lupiya Financial Services.

Responsibilities:

• Optimize risk, return and customer outcome tradeoffs through developing credit strategies across the various marketing channels, products and segments.
• Identify and implement opportunities to expand lending profitably
• Build and oversee acquisitions underwriting policy including approve/decline, credit line assignment, pricing and term length.
• Differentiate credit policy for repeat customers.
• Develop pre-qualification process to determine which customers need banking validation.
• Drive growth through higher approval rates, higher loan sizes and expanded target population while still maintaining cash collection targets.
• Provide information to regulators
• Build customer management programs to expand and deepen relationships with target customers, including credit line increases, product graduation and more
• Develop programs to mitigate high risk customers and actions, such as credit line decreases, payment float, authorizations, etc.
• Guide launch strategy to appropriately balance growth and risk management.
• Establish processes in terms of how changes to credit strategy, policies and other decisions that impact credit quality should be made.
• Define and implement appropriate documentation and scenarios to be evaluated.
• Serve as the customer for predictive models, partnering with data scientists to ensure new and refit models are in place as needed to enable the business strategy.
• Lead regular strategy changes to respond to changes in the external environment, new initiatives, variances from expectations and other drivers.
• Define appropriate risk boundaries and risk appetite that will enable the business to assume a heavily growth-oriented approach that enables future learnings while still protecting against large negative outcomes under various scenarios.
• Identify emerging trends in portfolio performance and the competitive environment.
• Lead regular strategy changes to respond to changes in the external environment, new initiatives, variances from expectations and other driver

Requirements:

• Degree in Accounting, Banking and Finance, Economics or other relevant field  from a recognised university
• Proven work experience in Credit, with atleast 3 years at middle management level
• Hands-on experience with accounting software
• In depth understanding of lending procedures
• Excellent analytical skills, with the ability to create and process financial spreadsheets (e.g. in Excel)
• Negotiation skills
• Presentation and facilitation skills