The Head of Credit Administration owns the end-to-end integrity of the underwriting and credit administration function across Kolomoni's lending products.
The role sets and enforces underwriting standards, chairs or sits on the credit committee for higher-value exposures, owns portfolio quality outcomes, and ensures the Credit Admin function remains audit-ready and aligned with CBN MFB regulatory obligations as the bank progresses toward its national licence.
Key Responsibilities
Credit Policy & Underwriting Standards:
Own and maintain the credit approval memo checklist and underwriting standards across all lending product types
Set delegated authority limits for Junior and Senior Underwriters and review these periodically against portfolio performance
Approve or decline loans above Senior Underwriter delegated limits; chair or participate in the credit committee for high-value or high-risk exposures
Ensure underwriting practice keeps pace with new product launches (e.g., Kolomoni Capital Advance, KTAL/Babaloja) with appropriately calibrated, CBN-grounded policy numbers
Risk, Compliance & Portfolio Oversight:
Ensure full compliance of the Credit Admin function with CBN MFB prudential guidelines, single obligor limits, KYC tiering, and AML/CFT obligations
Own portfolio-level exposure monitoring, obligor concentration limits, and early-warning escalation across the loan book
Direct investigation and resolution of fraud indicators or material policy breaches identified by underwriting staff
Serve as primary Credit Admin liaison for internal audit, internal control, and CBN regulatory examinations
Report portfolio quality, underwriting exceptions, and emerging risk themes to the Head of Credit and executive management
Team Leadership & Process Management:
Manage, develop, and performance-appraise the Junior and Senior Underwriter team
Own underwriting turnaround time SLAs and drive process efficiency without compromising credit discipline
Establish and maintain credit file documentation standards, including collateral perfection requirements, across all branches and agency channels
Coordinate with Legal, Compliance, Sales, and Product teams to align documentation and disbursement conditions across the lending lifecycle
Lead recruitment, onboarding, and capability-building for the underwriting team
Requirements
Bachelor's Degree in Finance, Accounting, Economics, Banking, or related field; postgraduate qualification or relevant professional certification (e.g., ACIB, credit risk certification) preferred
8+ years' experience in credit underwriting/risk management, including at least 3 years in a supervisory or management role within microfinance, commercial banking, or fintech lending
Deep working knowledge of the CBN MFB regulatory framework, prudential guidelines, AML/CFT/NFIU obligations, and licensing requirements
Demonstrated experience building or scaling underwriting teams and credit policy frameworks
Strong stakeholder management skills across executive, audit, compliance, and regulatory interfaces
Excellent written and verbal communication for board- and executive-level reporting
Key Competencies:
Strategic credit risk judgment balanced with commercial pragmatism
Strong leadership, coaching, and team development capability
Regulatory fluency and comfort engaging directly with examiners/auditors
Decisiveness under pressure, particularly around exceptions and escalations
Unwavering integrity and resistance to undue influence in lending decisions