Head of Lending Operations

Prospa LogoProspa

Date Posted

09 Dec, 2022

Salary Offered

Not Specified

Job Type

Full Time

Experience Required

6+ years

Remote Work


Stock Options



1 available

As Head of Lending Operations, you’ll be responsible for leading and managing Prospa’s lending products, overseeing all aspects of the lending process. This will include credit analysis, loan origination, loan servicing and collections. You will also be responsible for developing and implementing policies and procedures to ensure compliance with applicable regulations. The ideal candidate is innovative, a great leader and passionate about Prospa’s mission.

What You’ll Do

· Manage loan portfolio and monitor performance to ensure quality and compliance.

· Monitor and report on the performance of the lending operations, including delinquency and default management.

· Lead the development and implementation of innovative loan products.

· Develop and implement strategies to increase loan origination and portfolio growth.

· Develop and manage relationships with external partners, including banks, credit unions and other financial institutions.

· Establish and maintain a system of internal controls to ensure the accuracy and integrity of the loan portfolio.

· Regularly conduct product and market research to identify member needs, opportunities for product performance improvement and new product development

· Regularly review member feedback to discover opportunities for the business

· Monitor product performance to manage sustainable and profitable growth for the business, whilst ensuring member satisfaction

· Provide leadership for loan department personnel, working closely with the team to manage all aspects of loan operations

· Provide suggestions to improve the efficiency and effectiveness of loan operations

Minimum Requirements

· A Bachelor’s degree in Finance, Economics or related field

· At least 5 years of experience in financial services, preferably in a credit/lending focused role

· Professional qualifications will be an added advantage

What You’ll Need

· Extensive knowledge of Nigeria’s banking system

· A strong understanding of risk, underwriting and credit policies

· Proven track record of successful team management

· Ability to develop and implement effective strategies to improve lending operations

· Highly organised and detail oriented

· Strong problem solving and decision making skills

· Experience working in a fast-paced, innovative environment (i.e. a start up or scale up, technology-driven company)


Here’s just some of our perks:

·Competitive Salary

·Medical Cover

·Paid Time Off (Leave Days)

·Work Tools

·We invest in our employees through career development & opportunities

Our Style & Culture

We're looking for a winner who shares our vision. You'll be joining Prospa because you genuinely believe the mission to empower African entrepreneurs is important and exciting. You demands the best from yourself and make your teammates better. You celebrate success but never settle, you execute at speed while maintaining quality. You are humble and courageous.  You want to work with a community of people where you can learn fast, grow rapidly and be recognized for your work. At Prospa we don't believe in micro-management, everyone is committed to success both personally and professionally. We give you the autonomy and ownership to solve problems and deliver 

About Prospa

Prospa Logo

Neo bank for micro businesses in Nigeria

Company Size: 51 - 250 People
Year Founded: 2019
Country: Niger

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