Cradle cap takes many different looks. Some are less severe than others.
It certainly sounds like cradle cap to me! Oil is the best thing for it, try to avoid drying it out, and maybe get a soft baby brush and rub that on the scalp?

I will admit to picking the really dry bits off Jenna's head. If you want to exfoliate - do it. Some mums I know have used a baking soda paste on their babies and basically burnt off the dry skin. I'm not so big on that myslef

Cradle cap is incredibly common - liek 50% of babies get it to some degree, the lucky ones get dry skin, and the unlucky ones get the really bad scaly, flaky skin.

Try not to stress - it will go away with time, and just put a hat on your baby before photos