• Application Deadline: Thu, 8 Jun 2023 00:00:00 GMT
• Position: Credit Officer


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 2 - 5 years


• Location Lagos


• Job Field Finance / Accounting / Audit 
  

Job Description

The Credit Officer will be required to carry out the following activities:

• Meeting with clients interested in taking out a loan and providing them with the necessary information to start the loan application process.


• Collecting the needed financial documentation and assessing the clients' creditworthiness.


• Calculating and analyzing the risk ratios of clients based on their credit score and financial history.


• Approving or denying loan requests, and communicating your decision to both clients and management.


• Setting up payment plans for clients explaining monthly installment amounts, interest rates, and other costs.


• Maintaining records of loan applications by using loan management software.


• Managing loan renewals by organizing follow-up meetings with clients.


• Monitoring the progress of the loan application process and relaying any hindrances to clients.


• Ensuring that loan applications are in line with the company's financial policies, as well as state laws and regulations.


• Making sure that all insurance products are in place before disbursement and are renewed yearly.

Requirements and Qualifications

• Bachelor's Degree in Actual Science, Insurance, Accounting or a closely related field. A relevant post graduate qualification will be highly regarded


• Up to 2-5 years of credit risk/corporate finance experience at a major financial institution in Nigeria, assessing companies in different sectors and structuring transactions


• Good grasp of the issues and constraints faced by the infrastructure project sponsors in Nigeria


• Proven analytical and systematic problem-solving skills, as well as an excellent communication and writing skills.


• Ability to effectively manage competing deadlines for projects in a high-pressure work environment, with varying degrees of supervision


• Strong project management skills and demonstrated commitment to professional and client service excellence.


• Acute attention to details and a dedication to providing high quality work products


• Fluency in the use of all Microsoft Office applications, particularly Excel

Skills:

• Attention to detail


• Excellent communication skills


• Good customer service management


• Professionalism.