• Application Deadline: Fri, 11 Apr 2025 00:00:00 GMT
• Position: Loan Review Officer



• Job Type Full Time



• Qualification BA/BSc/HND



• Experience 2 years



• Location Lagos




• City Marina




• Job Field Finance / Accounting / Audit 
  
  

Job Purpose

• To objectively appraise loans and to ensure compliance with established Credit Policies and Procedures as well as extant Government laws and regulations. 


• To also proactively identify early warning signals that would lead to delinquent credits for quick remediation.

Job Responsibilities:

Key Expectations

• Performs regular loan portfolio reviews based on risk and/or size of all credit types.


• Ensures acceptable credit standards are maintained (verifies lien perfection, repayment capacity and collateral adequacy etc.)


• Ensures Risk Asset creation conforms to the bank’s lending policies and procedures. Also, ensure compliance with relevant State and Federal laws and regulations


• Ensures the creditworthiness of the loan portfolio, identify and report anomalies/ emerging risks that merit the review of the lending practices and/or adverse asset classification.


• Identify problem loans and work to ensure quick remediation


• Reviews bank’s processes (loan approvals, policy exception reporting, supervisory loan to value limits, underwriting, covenants, reporting, etc.)


• Determines if proper approval procedures and loan authorities were adhered to before disbursement.


• Aid Relationship Management and other SBU (Credit administration, FINCON, Account officers) on loan related accounts.

Professional Competencies

• Education: Bachelor’s degree in business related field with emphasis in quantitative background e.g. finance, accounting, Business Administration or Statistics


• Professional qualifications such as ACA, ACCA, ACIB, CFA etc. will be added advantage


• A minimum of two-year experience in Loan Review or Credit and marketing functions.