• Application Deadline:
• Position: Credit Risk Officer



• Job Type Full Time



• Qualification BA/BSc/HND



• Experience 3 - 4 years



• Location Lagos




• Job Field Finance / Accounting / Audit 
  
  

Job Summary

• Our client is seeking a detail-oriented Credit Risk Officer to evaluate, monitor, and manage the company’s credit exposure, reduce lending risk, and maintain a healthy loan portfolio while ensuring sound lending decisions that protect company assets.


• The Credit Risk Officer will be responsible for assessing borrower credit worthiness, conducting financial analysis, monitoring portfolio risk, and ensuring compliance with credit policies.


• The role involves preparing credit memos, performing stress testing, identifying high-risk accounts, and supporting loan restructuring and recovery strategies to safeguard the company’s assets.

Responsibilities

• Review and analyze loan applications from individuals and businesses; assess creditworthiness using financial statements, credit reports, and business performance data.


• Conduct risk scoring and recommend approval, decline, or loan restructuring.


• Prepare credit memos and risk reports for management decision-making.


• Analyze income, cash flow, debt ratios, and repayment capacity; evaluate business models and industry risks.


• Perform stress testing and scenario analysis.


• Monitor existing loan portfolio for early warning signs and track loan performance.


• Identify high-risk accounts and recommend mitigation actions.


• Support loan restructuring and recovery strategies.


• Ensure lending decisions comply with company credit policy; help develop and update credit risk frameworks.


• Maintain proper documentation and audit trail for all credit files.


• Support regulatory and internal audit requirements.


• Prepare weekly/monthly credit risk reports and portfolio health dashboards.


• Present findings and recommendations to management.

Requirements

• First Degree in Finance, Accounting, Economics, Banking, or a related field.


• Professional certifications in credit risk management are a plus.


• 3-4 years’ experience in lending, microfinance, fintech, investment firms, credit analysis, or risk management.


• Strong financial statement analysis and credit risk modelling skills.


• Advanced proficiency in Excel or Google Sheets.


• Knowledge of the lending lifecycle and Nigerian credit environment & regulations.


• Strong analytical, critical thinking, and attention to detail.


• Excellent written and verbal communication skills.


• Ethical judgement, integrity, and ability to make data-driven decisions.