Credit Risk Officer at Addosser Microfinance Bank Limited

Addosser Microfinance Bank Limited is an innovative financial institution dedicated to improving the living condition of everyday people through value-added financial products and services. The bank was incorporated in 2008 and is duly licensed by the Central Bank of Nigeria as a microfinance bank.

We are recruiting to fill the position below:

Job Title: Credit Risk Officer

Location: Lagos

Duties and Responsibilities

• Evaluate customers' loan applications in line with the bank's credit policy.
• Identify critical risks in credit request and provide advisory on how requests can be restructured in line with the bank’s risk appetite.
• Has relevant experience in analyzing consumer and SME loans.
• Organization of credit committee.
• Portfolio management & reporting.
• Create innovative credit evaluation processes and systems.
• Evaluate clients for credit worthiness based our internal risk models & their application information.
• Detect fraudulent applications, and unreliable applicants.
• Check Facility Letters and Loan Agreements and scrutinize the signed documents to ensure the correctness of the contracts.
• Continuously ensure alignment/compliance to the credit risk management framework.
• Continuously analyze and recommend improvement on credit risk management framework, processes and systems.
• Preparation of statutory reports.

Qualification / Requirements

• A first degree in Economics, Finance or any other discipline, Master’s Degree is an added advantage.
• Minimum of 4 years banking experience.
• Good knowledge of accounting and relevant lending ratios.
• Experience in Credit Risk Management
• Data Analytics and Effective communication
• Good Knowledge of Credit Analysis and Appraisal
• Experience in SME
• Good reporting skills.

Application Closing Date
15th February, 2021.