• Application Deadline:
• Position: Credit Administration Officer



• Job Type Full Time



• Qualification BA/BSc/HND



• Experience 3 - 5 years



• Location Lagos




• Job Field Finance / Accounting / Audit 
  
  

Responsibilities

• Analyze credit profiles of loan applications by reviewing credit reports, scores, financial statements, and other relevant documents.


• Evaluate the creditworthiness of individuals or businesses applying for loans and determine approval, modification, or rejection of loan applications based on risk assessment.


• Develop and apply lending criteria to minimize risk while ensuring profitable lending decisions.


• Continuously monitor the credit profiles of existing clients, especially those with active loans or credit lines.


• Prepare regular reports on the status of credit portfolios, highlighting any emerging risks, trends, or opportunities to improve performance.


• Present findings and insights to senior management to guide decision-making regarding credit profiles.


• Oversee the end-to-end process for reviewing and approving loan applications, ensuring compliance with company policies and external regulations.


• Ensure that all documentation for loan application are accurate and complete before processing and approving loan applications.


• Assist in the creation and refinement of lending policies, ensuring that they align with industry regulations, best practices, and company goals.


• Ensure compliance with all relevant laws and regulations (e.g., fair lending, anti-money laundering) in credit evaluation and approval processes.


• Implement and enforce internal controls to identify and mitigate potential fraud risks related to credit profiles and loan applications.

Requirements and Skills

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


• Advanced certifications is an added advantage


• 3-5 years of experience in credit administration, risk analysis, portfolio management in a commercial bank or finance houses


• Experience in analyzing credit reports and assessing financial statements


• Strong analytical and financial modelling skills.


• Proficiency in credit analysis tools, Microsoft Office Suite (Excel, Word, PowerPoint),


• Strong written and verbal communication skills, with the ability to explain complex financial concepts to clients and colleagues.


• Exceptional problem-solving abilities and attention to detail.