HEAD OF MARKET LOANS (MARKET AND SME LENDING) AT PETTY SYSTEMS | MARKETING JOBS IN NIGERIA

About Company:

We are the intermediary between your asset and your project. We give you instant loan to fund your projects or needs using your car, property, equipment and valuables. We make the funds available to you anytime you call on us. We are the intermediary between your asset and your project. 

Job Description:

We are seeking a high-caliber, operationally aggressive Head of Micro-Lending to build and lead our Daily Revenue Business Loan unit. This role is designed for a veteran of the micro-lending sector who understands that success in high-frequency lending is won in the field, not behind a desk. You will be responsible for the end-to-end architecture of our daily repayment model—from designing sector-specific loan products for traders and food vendors to enforcing the strict collection discipline required to maintain a healthy portfolio. If you have a proven track record of managing large-scale, short-term portfolios with zero tolerance for PAR (Portfolio at Risk) slippage, we want you to lead this division.

Requirements:

1. Strategic Business Unit (SBU) Architecture

• Unit Launch: Design and launch the Daily Revenue Business Loan unit, establishing the operational framework for market-based lending.

• Product Customization: Develop sector-specific loan rules and risk profiles tailored to the unique cash-flow cycles of markets, supermarkets, restaurants, and food businesses.

• Structure Implementation: Establish a robust group-lending guarantor system and a rigorous cash-flow verification structure to minimize entry-level risk.

2. Field Operations & Collection Discipline

• Disbursement & Recovery: Directly oversee the daily disbursement cycle and ensure 100% efficiency in daily repayment collections.

• Repayment Enforcement: Implement and enforce a "daily discipline" culture, ensuring that field officers and clients adhere strictly to agreed-upon repayment schedules.

• Credit Governance: Enforce a "full-repayment-before-repeat" policy, approving top-up or repeat loans only after the successful closure of prior obligations.

3. Team Leadership & Portfolio Monitoring

• Talent Management: Recruit, train, and manage a high-performance team of field officers and collection agents, focusing on ethical but firm recovery tactics.

• Performance Analytics: Monitor key portfolio health indicators, including repayment rates, PAR (Portfolio at Risk), and default trends; provide data-driven reports to senior management.

• Risk Mitigation: Conduct hands-on field visits to verify high-value clients and troubleshoot regions with rising delinquency rates.

Qualifications and Skills:

Mandatory Experience

• Proven Tenure: 5–8 years of deep experience specifically in Market Loans, Trader Loans, and Daily Repayment models.

• Sector Background: Prior leadership experience within Microfinance Banks (MFBs) or Cooperative Societies is essential.

• Portfolio Mastery: A verifiable track record of managing large, short-term loan portfolios with high velocity.

Core Competencies

• Operational Grit: Hands-on experience in field operations and aggressive debt collections.

• Financial Acumen: Strong understanding of daily cash-flow business models and informal sector economics.

• Leadership: Exceptional people management skills, particularly in leading field-based teams in high-pressure environments.

Salary

Application Closing Date: Not specified

Application Instructions:

Interested and qualified candidates should forward their CV to: laide@pettycash.com.ng using the position as subject of email.