Credit Risk Officer at a Startup Microfinance Bank - Amy Consulting

Amy Consulting - Our client, a Startup Microfinance Bank is recruiting to fill the position below:

Job Title: Credit Risk Officer

Location: Lagos
Employment Type: Full-time

Job Summary

• Our client is a startup Microfinance Bank currently in need of an experienced Credit Risk Officer.
• He / she will be responsible for the assessment and identification of potential risks that may hinder the reputation, safety and financial prosperity of the organization.

Key Responsibilities

• Identifying risk in portfolios, provide intelligence, report anomalies and make recommendations.
• Responsible for gathering and analyzing financial data about clients following requests.
• Responsible for monitoring and classifying portfolio.
• Analyzing credit data to determine the degree of risk involved extending credit or lending money on every transaction.
• Responsible for conducting research to monitor market trends and assess severity of risk and make adequate forecasts for product and policy development.
• Preparing a detailed written credit summary of commercial applicants requesting credit by analyzing the business, interpreting the finance need, identifying the strengths and prevailing risk factors and rendering a final credit decision.
• Supporting business unit goals by continuous identification of process improvements and efficiencies that reduce costs and improves customer service level.
• Engaging the management team on prioritizing and implementing approved actions.
• Evaluating risk business decisions and making recommendations.
• Analyzing risk information and producing standard risk reporting for management meetings.
• Communicating with management teams to confirm execution of company processes.
• Implementing improved and approved credit measures and policies.
• Continuous self-development through upgrading of skills, punctuality, personal effectiveness on assigned tasks.
• Ensuring regulatory compliance.

Education and Experience

• Bachelor’s Degree in Business Administration, Economics, Accounting etc.
• Minimum of 5+ years similar experience as a Credit Risk Officer.
• Minimum performance rating of 85%
• Ability to foster a cooperative work environment
• Ability to work with minimal supervision
• Good analytic, report writing and problem-solving skills
• Good understanding of business process.

Key Result Area (KPIs-Outcomes):

• Transaction Execution
• Risk / Loan Analytics
• Financial Analysis
• Underwriting
• Research on Market Trends
• Probability of default (PD) & Exposure at Default (EAD)
• Regulatory Compliance
• Risk Factors and Implications
• Adherence to Process (Risk Management policies & process)
• Status Report.

Key Skills and Competencies:

• Operational and technical capabilities
• Leadership/Administration
• Knowledge of information system, core banking application and credit workflow process
• Knowledge of use of Microsoft Office Suite
• Data entry, processing and interpretation skills
• Financial management and analysis
• People, organizational and leadership skills
• Time management skills
• Knowledge of financial/business analysis techniques
• Strong interpersonal and communication skills and the ability to work effectively with a wide range of constituencies in a diverse community
• Skill in organizing resources and establishing priorities
• Strategic planning and advanced leadership skills.

Application Closing Date
31st October, 2024.

How to Apply
Interested and qualified candidates should send their most up-to-date Resume to: [email protected] using the job title as the subject of the mail.

Note:

• This recruitment process will be completed within 2 weeks of the deadline.
• If you have not been contacted within this period, please assume on this occasion that you have not been shortlisted.
• Unfortunately, we are unable to offer feedback to candidates who have not been shortlisted for interviews.