JOB TITLE: Credit Officer
JOB LOCATION: Lekki, Lagos
Employment Type: Full-time
JOB DETAILS
- The role will be responsible for screening loan requests, evaluating clients’ financial information, assessing risk ratios, and presenting approved or rejected loans to management.
- Meet with clients interested in taking out a loan and providing them with the necessary information to start the loan application process.
- Collect the needed financial documentation and assessing the clients’ creditworthiness.
- Calculate and analyze the risk ratios of clients based on their credit score and financial history.
- Approve or deny loan requests, and communicate the decision to both clients and management.
- Set up payment plans for clients explaining monthly instalment amounts, interest rates, and other costs.
- Maintain records of loan applications by using loan management software.
- Manage loan renewals by organizing follow-up meetings with clients.
- Monitor the progress of the loan application process and relaying any hindrances to clients.
- Review, update and assess the risk of individual credit applications
- Refer complicated or difficult applications to the supervisor
- Compile all necessary paperwork and store it in the appropriate files
- Suggest new credit policies and processes as the need arises
- Reconcile accounts and determine appropriate payment schedules.
Requirements
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- Bachelor of Science in Accounting, Finance, Banking, Business, or a similar field.
- A minimum of 2 years’ experience as a credit officer.
- Excellent knowledge of loan application procedures and best lending practices according to laws and regulations.
- Ability to work with loan management software
- Strong communication skills and proven customer service experience.
- Exceptional analytical skills and the ability to work with complicated financial data.
- Excellent organizational skills and the ability to work well under pressure.
- Strong ethical behavior and the ability to work with sensitive financial information.
Salary
N4,000,000 – N5,000,000 annually.
APPLY NOW
Deadline: March 31, 2022
Job Features
Job Category | Risk/Credit/Finance/Insurance/Investment |