We are recruiting to fill the position below:
Job Title: Credit & Risk Officer
Location: Yaba, Lagos
Employment Type: Full-time
Job Function: Risk Management
Job Responsibilities
- Follow up on major debtors to resolve Loan repayment challenges before default.
- Working to repossess/recover Assets and properties of defaulting Loan Clients e.g.; Bikes, Cars etc..
- Monitor Loan Portfolio of the Bank for the purpose of resolving issues with NPL (Non-Performing Loans) and scaling down the overall
- Portfolio at Risk of the Bank.
- Carry out regular calls, site and follow up visits, to implement remedial strategies and action plans agreed with the Team Lead.
- Raise and tender Demand Notices to defaulting customers of the Bank
- Review all credit files for proper documentation and monitoring.
- Provide progress reports on interactions with Loan Customers in respect of Loan repayment status.
- Monitor and obtain background information and feedback on all accounts assigned to the Assets & Recovery Agencies to ensure full recovery.
- Responsible for due diligence, structuring and evaluating credit transactions.
- Create ways of de-risking/structuring transactions in order to reduce risk exposure.
- Monitoring and recovery of past due obligations/expired Loans in the Bank.
- Follow up on sale of securities deposited for collateral alongside the legal department after other remedial strategies have been exhausted.
- Preparation and recommendation of strategies for recoveries on major assigned accounts to the Team Lead.
- Preparation of Payment Vouchers to Business Partners for Loan repayment deduction and remittance.
Qualifications
What We Are Looking Out For:
- Minimum of HND or Degree in Finance, Economics, Business Administration etc. from a reputable University or Polytechnic.
- Minimum of 3 years working experience in Credit, Loan and Asset Recovery activities.
- Hands-on experience working in a Microfinanceand/or FINTECH space
- Strong planning, organizational and time management abilities
- Experience in database Management.
- Experience is recovery.
Must have skills:
- Critical thinking & solution-oriented
- Good Analytical skill
- Proficient English Skills in writing and speaking
- Impact analysis and measurement
- Debit repayment
- Proficient with MS Office
Salary
N130,000 – N150,000 / month.
Application Closing Date
20th March, 2024.
Deadline: March 20, 2024
Job Features
Job Category | Credit Risk Officer |