Moniepoint Incorporated Recruitment 2026 for Senior Credit Underwriter

Moniepoint Incorporated

Moniepoint Incorporated Recruitment 2026 for Senior Credit Underwriter – 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.

We are recruiting to fill the position below:

Job Title: Senior Credit Underwriter

Location: Lagos

Job Description

You will also work closely with a range of business partners, including Sales, Product and Data Engineering teams to support new strategic product initiatives to drive the growth objectives of the business.
You will also be responsible for ensuring lending remains within Risk Appetite and that performance is maintained within agreed target loan loss levels. In addition, you will work with the Head of Credit Risk Analytics and Chief Risk Officer to continually assess and define lending thresholds and parameters to ensure a balanced risk-based approach that also supports business growth objectives.
Reporting to the Head of Credit Risk Analytics you will also be expected to continually innovate and identify areas of risk and opportunity within your portfolio, leveraging key data sources and indicators, whilst also leveraging your subjective matter expertise to ensure effective on-going credit risk management of the portfolio.
Senior Credit Underwriter will underwrite all SME, Mid-Corporate and Large Corporate lending applications that require manual underwriting within the Industry Sector.

Key Responsibilities

Conducting periodic reviews of individual bad debts.
Detailed review and due diligence of lending applications, including financial analysis, business projection modelling and viability, stress testing and other in-depth analysis required to support the sanctioning of large-ticket loans.
Responsible for the monitoring and portfolio health of the sector and conducting regular credit reviews and ad-hoc deep-dives to continually assess portfolio performance.
Continual interaction with a broad range of functions and stakeholders to drive credit risk maturity across the business.
Facilitating Risk initiatives and pilots by reviewing credit data.
Education and adoption of best practices in credit analysis, underwriting and monitoring, including the end-to-end underwriting process, right from early lending discussions with Sales teams to the development of credit approval memos for senior management and/or risk committee approval forums..
Drive positive change in the maturity of the underwriting framework and strategy..

Job Requirements

Expert in understanding headwinds and opportunities within the industry sector and must have detailed knowledge of macroeconomic and regulatory factors impacting this sector.
Strong awareness of Compliance and the Regulatory environment within Nigeria.
Significant experience underwriting SME and Large Corporate loans likely gained from a leading Financial Institution within Nigeria and primarily for businesses within the financial industry sector (must have).
Demonstrable experience of underwriting best practice and standards.
Experienced in the assessment of collateral and covenants to mitigate risk across secured and unsecured lending.
Expert in the financial assessment of SME and Large Corporates using a broad range of data sources (e.g. Financials, Audited Accounts and Bank Statements etc.).
Highly experienced in the end-to-end underwriting process for large ticket loans up to 5Bn NGN (must have).

Relevant Skills:

Diligence and strong attention to detail.
Significant expertise underwriting large ticket (up-to 5Bn NGN) SME/Large-Corporate loans within Nigeria in the industry sector (essential).
Excellent communication skills (verbal and written).
Strong analytical skills
An ability to work autonomously
Data driven and logical thinker.
An ability to use an analytical approach to problem-solving
High ethical and professional standards.
Strong team player.