Risk & Credit Management Officer at Chanelle Microfinance Bank Limited

Chanelle Microfinance Bank Limited is a State licensed microfinance bank. Our business focus is to provide financial inter-mediation and advisory to individuals, small/medium retail enterprises, mid-sized corporate organizations, etc. Chanelle Microfinance Bank is building a business architecture that will drive low cost, short and long-term funds in other to effectively support individual and small businesses and SMEs across different sectors of the economy.

We are recruiting to fill the position below:

Job Title: Risk & Credit Management Officer

Location: Lagos
Employment Type: Full Time

Job Summary

• We are seeking a Credit and Risk Management Officer to join our team.

Key Responsibilities

• Loan Application Review: Review loan applications, credits reports, and financial statements to assess credit worthiness.
• Credit Policy Development: Lead the development, review, and implementation of credit policies and procedures to ensure compliance with regulatory requirements and industry best practices.
• Risk Assessment: Conduct comprehensive credit risk assessments, analyzing financial statements, credit reports, and other relevant information to evaluate the creditworthiness of individuals and businesses.
• Portfolio Management: Monitor and manage the credit portfolio, identifying potential risks and implementing strategies to mitigate them. Regularly review and update risk models.
• Regulatory Compliance: Stay informed about changes in regulatory requirements related to credit management and ensure the bank's practices align with these standards.
• Reporting and Analysis: Prepare and present regular reports on credit portfolio performance, delinquency rates, and other relevant metrics. Provide insights and recommendations for decision-making.

Requirements

• BSc / HND in Finance, Accounting, Economics, Business Administration, or a related field.
• 1 - 2 years of experience in credit analysis, management, lending with a focus on microfinance or banking.
• Professional Certifications in credit analysis and risk management
• Strong analytical, problem solving, and communication skills
• Familiarities with credit policies, procedures, and regulations.

Benefits

• Competitive salary and benefit package
• Ongoing training and development opportunities.

Application Closing Date
Not Specified.