• Application Deadline: Sat, 10 Oct 2026 00:00:00 GMT
• Position: Credit Risk Analyst



• Job Type Full Time



• Qualification BA/BSc/HND



• Experience 3 - 5 years



• Location Lagos




• City Ikoyi




• Job Field Risk Management and Compliance 
  
  

Job Purpose

• The Credit Risk Analyst is responsible for evaluating customer creditworthiness, underwriting loan applications across digital and traditional channels, and managing overall loan portfolio risk.


• The role ensures that all credit decisions align with the Company's risk appetite framework, credit policies, and regulatory guidelines to maintain high portfolio quality.

Duties and Responsibilities

Credit Assessment & Underwriting:

• Conduct comprehensive credit risk evaluations and financial analysis for individual, SME, salary-backed, and corporate loan applicants.


• Evaluate borrowing requests against credit policy guidelines, risk-appetite metrics, and regulatory standards.


• Perform background checks, credit bureau inquiries, bank statement analyses, and qualitative risk assessments prior to facility approval.


• Prepare clear, concise credit appraisal memos and present recommendations to the Credit Committee.


• Conduct preliminary and in-depth customer due diligence for lending applications prior to credit approval.

Portfolio Risk Monitoring & Analytics:

• Continuously monitor and analyze loan portfolio performance to identify early warning signs of credit deterioration or default.


• Track concentration risks across customer segments, industries, and product types.


• Monitor credit policy performance and propose adjustments to risk acceptance criteria as market conditions evolve.


• Collaborate with business development and sales teams to structure loan facilities appropriately while mitigating potential risk exposure.

Documentation & Compliance:

• Ensure customer and transaction records are complete, accurate, and fully compliant with internal credit policies and regulatory guidelines.


• Collaborate with Legal, Compliance, and Operations teams to ensure complete KYC/AML checks and policy adherence.


• Prepare periodic portfolio health, risk exposure, and impairment/provisioning reports for management review.


• Stay abreast of regulatory developments, macroeconomic shifts, and industry best practices in credit risk management.

Stakeholder Management & Collaboration:

• Work closely with Sales, Digital Products, Operations, Legal, and Compliance teams to ensure efficient and timely credit processing.


• Engage with external parties such as credit reference bureaus and rating agencies.


• Present risk insights, pipeline analyses, and portfolio health metrics to management.

Person Specification

General Education:

• Minimum of Bachelor's degree in Finance, Economics, Accounting, Statistics, or a related discipline.

Experience:

• Minimum 3–5 years of experience in credit risk analysis, financial analysis, or underwriting within a financial institution or microfinance bank.


• Knowledge of financial analysis, credit scoring, credit processes, and digital lending platforms.


• Solid understanding of lending dynamics and risk management within the Nigerian financial market.

Professional Qualification:

• Not specified.

Key Competencies:

• Strong business development awareness balanced with rigorous risk control.


• Excellent analytical, quantitative, and problem-solving abilities.


• Strong financial modeling and data analysis capabilities.


• High level of integrity, professionalism, and attention to detail.


• Excellent written and verbal communication skills.


• Proactive, self-driven, and adaptable to changing market and regulatory conditions.