Credit Analyst at Primera Africa Finance Group

Primera Africa Finance Group is a financial services firm that provides a range of services to clients across the African continent. Our goal is to provide bespoke financial solutions, in the most professional and efficient manner to meet our clients' individual needs. Primera Africa Finance Group is a financial services firm that provides a range of services to clients across the African continent. Our goal is to provide bespoke financial solutions, in the most professional and efficient manner to meet our clients' individual needs.

We operate in four major business areas: Securities Trading, Financial Advisory, Principal Investments and Consumer Finance. Based on our people's global experience and local knowledge, we are able to deliver the most advanced financial solutions, keeping in perspective the local nuances peculiar to each market to ensure our clients receive superior advice. Overall, each client benefits from our dedication to excellence, entrepreneurial thinking and long-term commitment to service.

We are recruiting to fill the position below:

Job Title: Credit Analyst

Location: Victoria Island, Lagos
Job Type: Full-time
Department: Risk Management - Credit Analysis and Processing
Reports to: Head, Credit Analysis and Processing

Job Summary

• Ensure customers application are approved in line with agreed TAT
• Appraises risk asset applications and subjecting them to credit analysis identifying potential risks and advising Management of corrective actions to be taken to minimize credit losses
• Ensure adherence to Bank’s credit policies and processes.

Job Description

• Appraise and approve all SME and Microcredit loan applications
• Monitor the portfolio to ensure a healthy portfolio is maintained at 3% PAR
• Ensure lending assets for approval are within parameters
• Contact liaison with sales team to ensure conformity with credit policy and training
• Ensure that work flow is consistent with credit approval to achieve high portfolio standard
• Develop and implement procedure and processes for fraud prevention management
• Monitor/ report exposure and assess current and potential risk and assist management in developing prevention strategies
• Conduct credit checks and other verifications on consumer customers
• Regularly analyse concentration risk of loan protfolio and advise management accordingly
• Monthly and quarterly reporting of performance of loan customers to credit bureau
• Analyse and report on portfolio characteristics, assisting in product development geared towards managing inherent credit risks in bank’s products.

Accountabilities

• Credit reports and portfolio analysis reports
• Submission of reports to credit bureau
• Quality of loan portfolio
• Adherence to credit approval process

Qualifications

• Minimum of B.Sc. in any Social Science discipline (Business Administration, Marketing, Banking & Finance, Economics or related courses).
• Minimum of 3 to 5 years in Credit Analyst Role
• Experience with reviewing SME and Microcredit transactions
• Professional certification will be an added advantage

Required Skills:

• Excellent Interpersonal skills
• Persuasive skills
• Excellent Analytical skills
• Must be a team player
• Excellent Communication skills
• Vast in Microsoft office packages
• Problem solving skills
• Practical knowledge and understanding of risk management, CBN regulations and the financial services industry

Remuneration
Very competitive

Application Closing Date
Not Specified.