• Application Deadline: Wed, 4 Jan 2023 00:00:00 GMT
• Position: Credit Analyst


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 4 years


• Location Kwara


• Job Field Finance / Accounting / Audit 
  

Job Purpose

• The Credit Analyst will provide credit administration support and service. 


• The primary focus of this role is to perform credit analysis and risk assessment on current and potential customers/guarantors for all business loans and assist with monitoring designated loan portfolios.

Duties and Responsibilities

• Compare liquidity, profitability, and credit histories of individuals or companies being evaluated with similar establishments to determine risk.


• Compile reports regarding finance and credit data.


• Manage files and records.


• Complete credit analyses, summaries of loan requests, and submit them to loan committees for approval.


• Review individual or commercial customer files to identify and select delinquent accounts for collection.


• Minimize bad debt risk and maximize accounts receivable collections.


• Keeping company credit exposures within set risk-bearing limits


• Making recommendations about procedural/policy changes


• Analyzing client records and using the data to recommend payment plans


• Conferring with credit associations and references to exchange credit information on clients


• Prepare daily/weekly/monthly/annual reports that include the degree of risk involved in extending credit or lending money.


• Evaluate customer records and recommend payment plans based on earnings, savings data, payment history, and purchase activity.


• Assess the creditworthiness of existing or prospective clients


• Examine financial transactions and credit history case by case (applications, statements, balance sheets, legal documents etc.)


• Complete ratio, trend and cash flow analyses and create projections


• Deliver a multidimensional perspective on the investment outlook in an accessible and informative manner


• Determine in depth the degree of risk involved


• Carefully analyze data and produce clear and objective reports


• Routinely monitor loans for compliance


• Adhere to credit policy and guidelines


• Monitor corporate portfolio asset quality on an ongoing basis


• Draft models of credit information that predict trends and patterns

Qualifications

• Candidates should possess an HND / BSc in Accounting, Finance, Statistics or relevant field


• Demonstrated success as a credit analyst or similar financial analyst role, preferably within credit administration in a commercial bank or like an institution.


• Evidence of completion / exemption of / from NYSC

Experience:

• Minimum of 4 years of credit & risk preferably in the financial industry.


• Previous experience as Financial Controller in a financial institution


• In-depth knowledge of corporate financial law, financial management practices and procedures.


• A solid understanding of financial statistics and accounting principles


• Working knowledge of all statutory legislation and regulations

Skills:

• Strong financial analysis skills with the ability to prioritize and manage workflow under strict deadlines.


• Highly organized, and detail-oriented, with solid verbal and written communication, including the ability to interface confidently with senior executives.


• Persistence, flexibility, a high service orientation, a reputation for dependability, professionalism and a commitment to teamwork.


• Polished, professional business image is of utmost importance as this person will work with senior management and customers on an ongoing basis.


• Proficient in the use of MS excel and word.