Credit Administration Officers at Sovereign Finance Company Limited - 4 Openings

Sovereign Finance Limited is a leading financial services provider with a prime disire to promote trailblazing Financial and Investment solution to customers in diffirent sector of the Nigeria Economy. Our priority is to creat opportunities for our clients to save accumulate capital and build sustainable wealth.

We are recruiting to fill the position below:

Job Title: Credit Administration Officer

Location: Lagos
Employment Type: Full-time
Slots: 4 Openings

Responsibilities

• Analyze credit profiles of loan applications by reviewing credit reports, scores, financial statements, and other relevant documents.
• Evaluate the creditworthiness of individuals or businesses applying for loans and determine approval, modification, or rejection of loan applications based on risk assessment.
• Develop and apply lending criteria to minimize risk while ensuring profitable lending decisions.
• Continuously monitor the credit profiles of existing clients, especially those with active loans or credit lines.
• Prepare regular reports on the status of credit portfolios, highlighting any emerging risks, trends, or opportunities to improve performance.
• Present findings and insights to senior management to guide decision-making regarding credit profiles.
• Oversee the end-to-end process for reviewing and approving loan applications, ensuring compliance with company policies and external regulations.
• Ensure that all documentation for loan application are accurate and complete before processing and approving loan applications.
• Assist in the creation and refinement of lending policies, ensuring that they align with industry regulations, best practices, and company goals.
• Ensure compliance with all relevant laws and regulations (e.g., fair lending, anti-money laundering) in credit evaluation and approval processes.
• Implement and enforce internal controls to identify and mitigate potential fraud risks related to credit profiles and loan applications.

Requirements and Skills

• Bachelor's Degree or HND in Finance, Accounting, Business Administration, Economics, or a related field.
• Advanced certifications is an added advantage
• 3-5 years of experience in credit administration, risk analysis, portfolio management in a commercial bank or finance houses
• Experience in analyzing credit reports and assessing financial statements
• Strong analytical and financial modelling skills.
• Proficiency in credit analysis tools, Microsoft Office Suite (Excel, Word, PowerPoint),
• Strong written and verbal communication skills, with the ability to explain complex financial concepts to clients and colleagues.
• Exceptional problem-solving abilities and attention to detail.

Salary
N450,000 - N600,000 monthly.

Application Closing Date
31st May, 2025.

How to Apply
Interested and qualified candidates should send their CV to: careers@sovereignfinanceltd.com using the job title as the subject of the email.