Usually hooded figures standing over the bed isn't a desired thing. No. He gets an A+ for creepiness right there.
Don't worry about who he is. If a stranger walks into your home wearing a bunny suit, it doesn't matter that he is wearing a bunny suit or where he received the bunny suit. You have a stranger in your home and they're creepy. You call the cops.
When you have a spirit that is pushing their boundaries into your personal space, it's time to kick them out. Banish, cleanse, and then protect your room to prevent any other spirits from preying on you while you sleep.
Spirits that create nightmares take in the energy from the fear. Sometimes they will just move on to easier victims. Other times they will just get stronger and then create fear by haunting. So unless you want to begin hearing things next, or have things moving around by seemingly invisible hands, I suggest you show him the door forcefully.