• Application Deadline:
• Position: Credit Risk Officer



• Job Type Full Time



• Qualification BA/BSc/HND



• Experience 2 - 5 years



• Location Lagos




• Job Field Finance / Accounting / Audit 
  
  

Responsibilities

• Conduct thorough credit assessments of potential clients.


• Review and assess credit applications and make informed decisions on credit approvals.


• Monitor and analyze credit data to determine the risk involved in lending.


• Evaluate the creditworthiness of existing customers and provide recommendations.


• Develop and implement risk mitigation strategies.


• Identify potential risks and propose solutions to mitigate them.


• Monitor and track the performance of credit portfolios.


• Prepare detailed credit reports and present findings to key stakeholders.


• Liaise with internal teams to ensure compliance with credit policies and regulations.


• Contribute to the development and enhancement of credit risk models.


• Assess market trends and industry risks that may impact the organization.


• Provide insights and recommendations to improve credit processes.


• Collaborate with cross-functional teams to optimize credit risk strategies.


• Stay updated on industry best practices and regulatory requirements.


• Support the overall risk management framework of the company.

Your impact:

• Achieved a decrease in default rates within the first year.


• Increased the accuracy of credit assessments leading to a reduction in bad debt.


• Implemented a new credit risk monitoring system resulting in improved risk management.


• Regularly reviewed credit policies to ensure alignment with industry standards.


• Enhanced the efficiency of credit evaluations leading to a faster turnaround time.


• Developed and implemented strategies that increased profitability.


• Successfully managed a portfolio of high-risk accounts resulting in minimized losses.

Essential Skills and Requirements

• Bachelor's Degree in Finance, Economics, Business Administration, or related field.


• 2 - 5 years proven work experience as a Credit Risk Officer or in a similar role within the financial industry.


• Strong understanding of credit risk analysis and management principles.


• Familiarity with credit risk models, methodologies, and regulatory requirements.


• Excellent analytical skills and the ability to interpret complex financial data.


• Proficiency in financial analysis tools and software.


• Strong attention to detail and accuracy in credit assessments.


• Effective communication skills with the ability to present findings and recommendations.


• Goal-oriented mindset with the ability to work under pressure and meet deadlines.


• Ability to work collaboratively in a team environment.

The character we’re looking for:

• Results-Driven Achiever: Consistently delivers measurable outcomes and surpasses expectations.


• Analytical Problem Solver: Excels in dissecting complex issues and finding effective solutions.


• Strategic Risk Manager: Plans and executes risk management strategies with foresight.


• Detail-Oriented Executor: Ensures precision and accuracy in all tasks and processes.


• Efficiency Catalyst: Drives streamlined operations and optimized processes for maximum efficiency.


• Proactive Policy Navigator: Navigates and implements policies with foresight and adaptability.