Commercial Credit Officer at ICS Outsourcing Nigeria Limited

ICS Outsourcing Limited is Nigeria’s leading Business Support Solution Company, a pioneer among Nigerian outsourcing companies providing wide range of outsourcing and business support solutions for businesses globally with over 25 years in business. We help companies improve their bottom line when they leverage outsourcing.

We are recruiting to fill the position below:

Job Title: Commercial Credit Officer

Location: Lagos
Employment Type: Full-time

Job Summary

• This position has main responsibility for supporting the Head of the Commercial Credit Unit in attaining the objectives established for the Unit. In particular, the officer will be responsible for collaborating with the Unit Head in identifying the markets for equipment leasing, developing suitable products for the markets, mobilising resources for serving and winning the markets, originating Commercial Credit transactions, appraising and managing Commercial Credit facilities, and building a Commercial Credit portfolio such that the Portfolio at Risk (PAR) does not exceed 2.5% at any point.

Job Description

• Identify the markets for Commercial Credit transactions and attract customers seeking Commercial Credit financing to the Company
• Review Commercial Credit requests and process such transactions through the laid down approval and disbursement routes
• Build Commercial Credit customers’ profile and engage with internal stakeholders in developing and selling suitable Commercial Credit products to the market
• Pursue efficient collection strategies such that ensure less than 2.5% Portfolio at Risk (PAR) at any point in time
• Provide support to the Head of Commercial Credit in developing and implementing the Commercial Credit portfolio plan
• Implement the budget for Commercial Credit as laid out in the annual Operating Budget
• Proactive identification and escalation of key credit risks in Commercial Credit
• Monitoring, questioning, reporting and resolving negative changes in credit quality in any Commercial Credit counterparty
• Measure the outcome of the Commercial Credit portfolio plan and report regularly to the Head of the Commercial Credit Unit
• Perform such other responsibilities as may be assigned by the Head of the Commercial Credit Unit or directed by Management

Minimum Requirements

• Bachelor's Degree in any field.
• Minimum of 5 years working experience.
• Strong ability to communicate (written and oral) effectively with internal and external stakeholders.
• Good knowledge of Microsoft Office Suite (Word, Excel, PowerPoint and Outlook)

Application Closing Date
Not Specified.