Head Of Credit at Lipa Later

Job Description

At Lipa Later we are on a mission to build the most advanced financial services technology in order to bring significant value for our end users. Reporting to the Chief operating officer, the Head of Credit will be responsible for building and supervising a team of credit analysts.

The ideal candidate should have adequate knowledge of financial statements and any other related policies to collections and financing. This position requires excellent verbal, written and interpersonal communication skills as well as being detailed oriented. Proven problem solving, analytical and decision-making skills are required to meet deadlines and prioritize work.

We are looking for someone with excellent leadership skills and the ability to manage people and build relationships

RESPONSIBILITIES

• Lead, motivate and develop direct reports and is the escalation point for the team
• Work with the team to ensure corporate benchmarks and targets are met
• Hire and train new personnel as required
• Establish credit limits for key accounts and review on a regular basis to verify compliance or potential risks and takes action accordingly
• Recommend or make changes due to market or business needs
• Examine financial transactions and credit history case by case (applications, statements, balance sheets, legal documents etc)
• Complete ratio, trend and cash flow analysis and create projections
• Deliver a multidimensional perspective on the investment outlook in an accessible and informative manner
• Determine in depth the degree of risk regarding different products, clients and markets.
• Carefully analyse data and produce clear and objective reports
• Routinely monitor loans for compliance
• Adhere to credit policy and guidelines
• Monitor corporate portfolio asset quality on an ongoing basis
• Develop credit-based strategies attuned to different risk portfolios and markets
• Develop data-informed and tech-enabled strategies within the Organizations portfolio
• Work cross-functionally within the organization to develop and enhance credit methodologies and strategies

Requirements

• Proficiency in statistical packages and financial software
• Up to date with legal, compliance and market risk-related issues
• Ability to analyze cash flows, leverage, collateral and customer strength
• Strong communication and presentation skills
• Sound judgment
• Innovation and creativity
• Problem seeking and solving skills
• Quick learning and adaptability to various dynamic scenarios
• Proficient in Microsoft Office applications (Word, PowerPoint) intermediate to advanced Excel knowledge
• Bachelor's degree in Business Administration or Accounting preferred or equivalent experience
• Professional Credit & Collection or accounting designation

Bonus qualities

• Background in Data science or Actuarial studies with experience in building functional credit models.
• Previous relevant roles held in fintech-related companies