• Application Deadline: Mon, 14 Nov 2022 00:00:00 GMT
• Position: Credit Admin Officer


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience


• Location Lagos


• Job Field Finance / Accounting / Audit 
  

Responsibilities 

• Manage the credit application and automation process, evaluating the creditworthiness of potential customers’ applications.


• Ensure the credit scoring model is adequate for the risk assessment process.


• Recommend approvals and reject loans based on an effective credit assessment process.


• Ensuring all loan and lending procedures comply with regulations.


• Monitoring loan payment and collection.


• Ensuring zero tolerance on collections and repayments; escalate and follow up on defaulters on a weekly basis based on the credit policy framework.


• Manage and maintain a healthy loan portfolio ratio within the NPL threshold.


• Ensuring compliance with terms and conditions of new loan clients.


• Interviewing applicants to determine financial eligibility and feasibility of granting loans


• Determining all applicable ratios and metrics and setting up debt payment plans


• Update job knowledge on types of loans and other financial services


• Maintain and update account records


• Assess customer needs, explore all options and introduce different types of loans


• Develop referral networks, suggest alternate channels and cross-sell products and services to accomplish quotas


• Take personal responsibility and initiative to pursue loan recovery on all accounts under your portfolio  


• Cross-selling other financial services and products, such as risk assets to existing and prospective clients. Also, referring clients to in-house financial advice when necessary.  


• Daily monitoring of existing loan client’s expected repayment schedules and all missed payments are escalated to credit portfolio manage daily  


• Prepare weekly/monthly/quarterly Marketing/Sales reports for Management review  


• Resolving client’s queries and complaints  


• Preparing weekly, monthly and quarterly performance reports  


• Attend weekly and monthly Performance Review Meetings 

Requirements

• Bsc in adminstration, finance or related fields


• Experience in a financial industry