Credit & Risk Officer at Mkobo Microfinance Bank Limited

Mkobo Microfinance Bank Limited is registered in Nigeria as MKOBO Microfinance Bank (No. RC1234231), 3rd floor, 13 Hughes Avenue, Alagomeji, Yaba, Lagos. Mkobo is currently pivoting to a full service digital bank/Neobank. Our goal is to help hard working Africans to improve their financial wellbeing by making it easy for them to earn, save, spend and invest their hard earned money. We are currently recruiting for dynamic, creative, flexible and experienced team members with a passion for everything technology and a commitment to add their quota to the success of our vision.

You will find the growing MKOBO team working at the same location. We are authorised and regulated by Central Bank of Nigeria (CBN) under registration number 51188.By using this website, you understand that the services and products offered on this website (“Services and Products”) are for information purposes only.

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.

Method of Application
Interested and qualified candidates should:
Click here to apply online