Furaha Financial
Job Description: Lead- Asset Lending
Role Overview
The Head of Asset Lending is responsible for leading the strategy, development, execution, and growth of the company’s asset lending business. This role oversees the end-to-end lending lifecycle, including product strategy, underwriting, portfolio management, risk governance, operations, regulatory compliance, and commercial performance.
Working closely with Product, Engineering, Risk, Compliance, Sales, and Executive Leadership, the Head of Asset Lending will build scalable lending solutions that deliver exceptional customer experiences while maintaining strong credit quality and portfolio performance.
Key Responsibilities
Strategy & Business Leadership
- Develop and execute the company’s asset lending strategy aligned with overall business objectives.
- Identify new lending opportunities, customer segments, and revenue streams.
- Define product roadmap and commercial priorities for lending products.
- Establish lending policies, pricing strategies, collateral frameworks, and portfolio limits.
- Own the P&L for the asset lending business.
Lending Product Development
- Partner with Product and Engineering teams to design and launch innovative lending solutions.
- Drive a digital first strategy across onboarding, underwriting, servicing, collateral monitoring, and collections.
- Continuously improve customer experience through digital-first lending journeys.
Credit & Risk Management
- Design and oversee credit underwriting standards and approval frameworks.
- Develop collateral eligibility criteria, loan-to-value (LTV) policies
- Monitor portfolio performance, concentration risks, and stress scenarios.
- Implement robust credit monitoring, early warning indicators, and loss mitigation strategies.
- Work closely with Risk teams to ensure lending activities remain within approved risk appetite.
Portfolio Management
- Monitor loan portfolio performance against growth, yield, delinquency, and loss targets.
- Optimize portfolio profitability while maintaining prudent risk controls.
- Manage collateral valuations and ongoing exposure monitoring.
- Lead portfolio analytics and reporting for executive management and the Board.
Regulatory & Compliance
- Ensure lending operations comply with all applicable regulatory requirements and internal governance standards.
- Collaborate with Legal and Compliance on lending documentation, customer disclosures, and licensing requirements.
- Maintain strong internal controls and audit readiness.
Stakeholder Management
- Build strong relationships and partnerships with institutional partners, funding providers, and strategic clients.
- Present portfolio performance and strategic initiatives to executive leadership and investors.
- Work cross-functionally with Finance, Operations, Product, Technology, and Commercial teams.
Team Leadership
- Build, mentor, and lead a high-performing lending organization.
- Foster a culture of accountability, innovation, and customer-centric decision making.
- Establish performance metrics and development plans across the lending function.
Required Qualifications
- Bachelor’s degree from a reputable University.
- 10+ years of experience in lending, asset-backed lending, wealth lending, or fintech lending.
- 5+ years in a senior leadership role managing lending businesses or credit portfolios.
- Demonstrated experience launching and scaling lending products within a fintech, digital bank, or financial institution.
- Strong understanding of secured lending, collateral management, credit risk, and portfolio analytics.
- Experience working with regulatory and compliance frameworks applicable to lending businesses.
- Strong commercial acumen with experience managing business performance and profitability.
- Excellent leadership, communication, and stakeholder management skills.
Preferred Qualifications
- Experience with EV asset lending, mobile handset financing in Africa
- Experience working in regulated fintech or banking environments.
- Knowledge of API-driven lending platforms and digital lending infrastructure.
- Experience in creating asset lending eco systems is an added advantage
Key Performance Indicators (KPls)
- Loan portfolio growth
- Net interest income and lending revenue
- Portfolio yield
- Credit loss ratio
- Delinquency and default rates
- Loan approval turnaround times
- Customer satisfaction (NPS/CSAT)
- Operational efficiency and automation metrics
- Regulatory compliance and audit outcomes
Success Profile
The ideal candidate combines strategic leadership with deep expertise in lending and credit risk. They are commercially driven, highly analytical, and capable of building scalable lending businesses in fast-paced fintech environments. They possess strong execution skills, embrace technology-enabled innovation, and are passionate about delivering responsible lending solutions that create long-term value for customers and the business
Send your application to: gloria.kaligirwa@furaha.financial
