Head of Credit at Prosperity Microfinance Bank

Benin City
April 6, 2026
₦300,000 - ₦400,000 / month
Full Time
Application ends: May 4, 2026
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Job Description

The Head of Credit role at Prosperity Microfinance Bank is a senior leadership position responsible for overseeing the bank’s credit function. The role focuses on managing credit risk, maintaining a healthy loan portfolio, developing credit policies, and driving innovative lending solutions tailored to the microfinance sector. This position requires a strategic professional capable of balancing business growth with risk control while ensuring compliance with regulatory standards.

Location: Ugbowor, Benin – Edo
Employment Type: Full-time
Salary: N300,000 – N400,000 / month

Responsibilities

  • Lead and manage the bank’s credit operations, including loan evaluation, approval processes, and risk assessment
  • Develop and implement credit policies, procedures, and risk mitigation strategies to reduce non-performing loans (NPLs)
  • Oversee loan portfolio performance by monitoring key metrics such as portfolio at risk (PAR), recoveries, and write-offs
  • Drive the growth of a high-quality and diversified loan portfolio while maintaining strict risk controls
  • Collaborate with business development teams to design and implement loan products such as SME, agricultural, and digital lending solutions
  • Conduct market research to identify opportunities and ensure products remain competitive and profitable
  • Supervise and mentor credit analysts and loan officers, ensuring alignment with policies and performance targets
  • Prepare and present periodic credit reports to senior management and stakeholders
  • Ensure compliance with regulatory requirements, including guidelines from the Central Bank of Nigeria

Requirements

  • Strong analytical and credit risk assessment skills with attention to detail
  • Proven leadership and team management experience in a financial institution
  • Excellent communication, reporting, and strategic thinking abilities
  • High level of integrity and ability to manage sensitive financial data
  • Experience in microfinance, SME financing, or digital lending is an added advantage
  • Demonstrated ability to improve portfolio quality and reduce non-performing loans

Application Closing Date
4th May, 2026

How to Apply
Interested and qualified candidates should send their CV and Cover Letter using “Head of Credit” as the subject of the email.

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