Letshego Financial Services – Vacancy: Head of Credit Designate

𝐉𝐨𝐢𝐧 𝐭𝐡𝐞 𝐋𝐞𝐭𝐬𝐆𝐨 𝐌𝐨𝐯𝐞𝐦𝐞𝐧𝐭

We are looking for the following skill: Head of Credit Designate

Contract Type: Permanent

𝐌𝐚𝐢𝐧 𝐏𝐮𝐫𝐩𝐨𝐬𝐞

To be responsible for organisation wide oversight of credit and leading the strategy for Credit Risk as well as directing independent comprehensive credit review and risk assessment of the customer risk profile and credit decision making for all segments and products of the organisation.

𝐏𝐨𝐬𝐢𝐭𝐢𝐨𝐧 𝐑𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭𝐬

𝐄𝐝𝐮𝐜𝐚𝐭𝐢𝐨𝐧

• A degree in Finance, Business, Economics, Mathematics /Statistics or equivalent
• Master’s in Business Administration would be an added advantage

𝐄𝐱𝐩𝐞𝐫𝐢𝐞𝐧𝐜𝐞

• 10 years’ experience in Risk/Credit/Credit Risk within Financial Services with a minimum of 5 years’ experience at a senior management level
• Designing and building risk operations models and credit scoring metrics to reduce credit losses

Certifications

Professional qualifications e.g. CFA, FRM, CIRM, CRCM or ICM preferable

𝐊𝐧𝐨𝐰𝐥𝐞𝐝𝐠𝐞

• Strong knowledge of lending principles and credit management in financial services environment
• Strong understanding of Credit analysis and policies.
• Good understanding of Risk Management principles.
• Thorough understanding of the evolving practices for the management of credit risk and regulatory requirements
• Capable of professional discussions with internal and external stakeholders, for the geographies in which the Group operates.
• Knowledge of Banking law, rules and regulations
• Should have thorough knowledge in various facets of Credit administration including processing of proposals, credit analysis and restructuring.
• Support Book growth and building team work with sales.
• Adequate understanding of Credit Impairment, Scoring models.

𝐒𝐤𝐢𝐥𝐥𝐬

• Analytical skills and ability to provide effective challenge to the organisation
• Analytical skills and ability to provide meaning full interpretation of Impairment models.
• Management and monitoring of the Credit scoring model and parameters.
• Ability to convert vague business objectives into concrete analysis tasks and lead team to tackle systematically
• Proven track record of the ability to influence key stakeholders in the management of credit risk
• Excellent communication skills especially with top management and other stakeholders
• Strategic, analytical and critical thinker
• Sharp business acumen including risk management.
• Strong relationship management skills which include the ability to influence
• Integrity and ethics in both internal and external affairs.
• Good planning and organisational skills, and a creative and innovative approach to work.
• Capable of Coming up with Good strategies for Diversification of Loan portfolio and Collections and Recoveries.
• Capable of Coming up with Good strategies for Diversification of Loan portfolio and Collections and Recoveries

𝐂𝐫𝐢𝐭𝐢𝐜𝐚𝐥 𝐃𝐞𝐥𝐢𝐯𝐞𝐫𝐚𝐛𝐥𝐞𝐬/𝐂𝐨𝐫𝐞 𝐀𝐜𝐜𝐨𝐮𝐧𝐭𝐚𝐛𝐢𝐥𝐢𝐭𝐢𝐞𝐬 𝐚𝐧𝐝 𝐑𝐞𝐬𝐩𝐨𝐧𝐬𝐢𝐛𝐢𝐥𝐢𝐭𝐢𝐞𝐬

• Leads initiatives for development of methodologies for measurement of Credit Portfolio Management across the Group and associated models/ processes
• Drives the development and implementation of the Group’s credit risk framework and processes including credit origination, credit appraisal and approval, credit administration, credit monitoring, control, robust collateral documentation, credit disbursements and collections
• Develops and enhances the Credit Reporting & Monitoring framework which meets the requirements of various external & internal stakeholders.
• Participates in carrying out the responsibilities pertaining to Board Risk Committee which includes preparation of the information pack and responding to data/ analytical requests from the Committee
• Provides requirements and design inputs, particularly with regard to credit risk recognition, measurement, and its reporting as part of the core team for implementation of key credit risk related projects (e.g. Credit Management System, IFRS 9 impairment)
• Provides recommendation or approve credit application and borrower rating requested by front line to create good quality of portfolio with benefits to company
• Conducts regular review and monitoring of credit risk models and liaise with model validation during its annual model validation cycle
• Maintains robust monitoring of macroeconomic trends and emerging credit risks, competitive landscape and credit portfolio performance to generate insights that inform risk appetite, financial forecasting and business decisions.
• Develops credit risk management and scorecard analytics which meet the needs of the organization, in order to support effective decision making and enhance the risk frameworks
• Partners with Country Risk function and other control functions including Internal Audit to ensure programme alignment with minimum duplication and no material gaps in risk management (combined assurance).
• Ensures compliance with external regulatory or legal bodies on credit risk management matters

𝐇𝐨𝐰 𝐭𝐨 𝐚𝐩𝐩𝐥𝐲:

Suitably qualified and experienced candidates should submit their application letter, curriculum vitae and copies of educational certificates to: ls.recruitment@letshego.com or hand deliver at Executive Building, Opposite LPPA along Pioneer Road, Maseru, Lesotho on or before 21st November 2025 at 1700hrs.

𝐃𝐢𝐬𝐜𝐥𝐚𝐢𝐦𝐞𝐫

Only shortlisted applicants will be contacted. Letshego Financial Services Lesotho reserves the right to appoint the suitable candidates that meet the application requirements. No late applications will be accepted.

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