SENIOR CREDIT UNDERWRITER AT MONIEPOINT | CREDIT UNDERWRITER JOBS IN LAGOS

About Company:

Moniepoint Incorporated is a global business payments and banking platform and recently became QED Investors’ first investment in Africa. We are the partner of choice for over 600,000 businesses of all sizes, powering the dreams of SMBs and providing them with equal access to the tools they need to grow and scale.

Job Description:

We are seeking an exceptionally authoritative, analytically elite, and highly experienced Senior Credit Underwriter to lead the underwriting engine for our SME, Mid-Corporate, and Large Corporate lending portfolios. Operating as a senior risk custodian, you will hold absolute operational and technical accountability for manual credit assessments and risk-mitigation architectures within your assigned industry sector.

This high-stakes position demands a seasoned corporate credit specialist who has routinely evaluated and sanctioned large-ticket loans up to ₦5 Billion. You will serve as a vital link between aggressive business growth and rigid risk governance partnering with the Head of Credit Risk Analytics and the Chief Risk Officer (CRO) to continuously adjust lending thresholds, monitor portfolio health indexes, and keep loan losses well within approved risk appetites. Furthermore, you will act as a strategic advisor to cross-functional squads (Sales, Product, and Data Engineering) to safely co-engineer high-growth credit products.

Requirements:

1. Advanced Underwriting Governance & Large-Ticket Due Diligence

• Deal Diagnostics: Execute deep-dive financial and non-financial analysis, structural due diligence, and comprehensive risk assessments on high-value SME and corporate loan applications up to ₦5 Billion.

• Financial Architecture Auditing: Review audited financial statements, tax records, corporate bank statements, and cash flow footprints to evaluate debtor liquidity, leverage ratios, and fundamental enterprise viability.

• Predictive Risk Modeling: Design and execute complex corporate projection modeling and macro sensitivity stress tests to verify repayment capacities against sudden market shocks, inflationary cycles, and sector headwinds.

• C-Suite Memo Engineering: Transform raw financial analyses into highly polished, comprehensive Credit Approval Memorandums, presenting technical risk assessments directly to Senior Management and Executive Risk Committees for loan sanctioning.

2. Portfolio Health Management & Loss Optimization

• Lending Threshold Definition: Partner with the CRO and Head of Credit Risk Analytics to constantly evaluate, define, and re-calibrate credit underwriting parameters and sector concentration limits.

• Forensic Performance Audits: Conduct regular credit reviews, seasonal portfolio monitoring, and ad-hoc deep-dives to track sector performance metrics against corporate risk appetites.

• Bad Debt Diagnosis: Lead rigorous, periodic reviews of specific bad debts and non-performing loans (NPLs), reverse-engineering default drivers to continually improve structural risk-mitigation frameworks.

3. Framework Innovation & Ecosystem Collaboration

• Underwriting Strategy Evolution: Act as a primary change-agent to elevate the maturity of the underwriting framework, digitizing traditional risk processes and adopting global credit evaluation standards.

• Cross-Functional Co-Engineering: Work in lockstep with Sales, Product Development, and Data Engineering teams to review credit datasets, pilot risk initiatives, and guide new strategic product releases safely to market.

• Risk Education: Mentor and educate internal business teams on underwriting standards, driving a high-maturity risk-aware culture from early deal origination down to transaction structuring.

Qualifications and Skills:

Education & Professional Background

• Degree Baseline: Bachelor’s Degree (B.Sc.) in Finance, Economics, Accounting, Actuarial Science, or a strictly related quantitative/commercial discipline from an accredited tertiary institution.

• Professional Edge: Active validation or chartered status with professional bodies such as the Chartered Institute of Bankers of Nigeria (CIBN), ACCA, ICAN, or global Risk Management frameworks (e.g., PRM, FRM) is highly required.

Mandatory Experience & Scope Parameters

• Sector Footprint (Must-Have): Significant, verifiable experience underwriting SME, Mid-Corporate, and Large Corporate loans, explicitly gained from a leading financial institution within Nigeria. Primary exposure managing portfolios tailored specifically to businesses within the financial industry sector is mandatory.

• Large-Ticket Exposure (Must-Have): Highly experienced in managing the end-to-end underwriting lifecycle for large-ticket corporate loans valued up to ₦5 Billion.

• Risk Mitigation Fluency: Expert-level mastery in evaluating complex collateral structures, charge-registrations, asset valuations, and financial covenants to de-risk both secured and unsecured lending pools.

• Regulatory Competency: Flawless knowledge of Central Bank of Nigeria (CBN) credit guidelines, Prudential Guidelines, IFRS 9 impairment standards, and compliance laws governing the Nigerian financial ecosystem.

Relevant Skills & Competencies

• Analytical Prowess: Elite data-driven and logical thinking capability, with a native comfort using advanced financial tools to solve abstract credit problems autonomously.

• Communication Core: Superb written and verbal English communication skills, with the professional presence required to state objective credit facts confidently to aggressive sales teams or executive committees.

• Ethical Posture: Unyielding professional integrity and adherence to top-tier ethical standards when handling confidential corporate insights and multi-billion Naira lending assets.

Salary

Application Closing Date: Not specified

Application Instructions:

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