Credit Risk Officer at Ryght Trade Investment Limited

Ryght Trade Investment Limited was established to capitalize on developing opportunities in the financial/investment subsector as a proprietary investment firm with a global brand that is evolving. We are an emerging global brand dedicated to providing credible investment and financial solutions in strategic sectors of the global economy with the goal of creating unparalleled value for its stakeholders over time.

We are recruiting to fill the position below:

Job Title: Credit Risk Officer

Location: Surulere, Lagos
Employment Type: Full-time

Job Responsibilities

• Candidate must possess the experience with the processes involved with digital lending.
• Candidates must have hands-on experience in credit underwriting/Analysis.
• Perform a comprehensive review of sampled new loans and modifications to identify any credit weaknesses, policy or regulatory violations, servicing deficiencies, or trends.
• The credit risk officer will be in charge of analysing of financial information and the credit facility to help form a conclusion on loans or its modification.
• Complete monthly trend and portfolio management analysis via defined reports, as well as using knowledge, experience, and observation to determine if new analysis is needed.
• Reviewing loan applications, credit reports, and other documentation to determine whether to approve or deny loans.
• Evaluating potential risks and recommending solutions to increase profits while maintaining safety standards
• Analyzing industry trends to identify new opportunities for lending, investment, or insurance products.
• Reviewing applications for large consumer loans such as mortgage applications to determine whether they meet the lender’s criteria
• Credit risk officers need to have a strong understanding of financial concepts and practices
• Problem-solving skills are essential for credit risk officers, as they are responsible for identifying and resolving potential issues that may arise from the company’s lending practices.
• Business acumen is the ability to understand the financial aspects of a business.
• Candidates must have been involved in Credit administration all through their years of experience.

Requirements

• Candidates must have a minimum of a B.Sc in any discipline.
• A Master's Degree will be an added advantage.
• Minimum of 4 years of relevant work experience in a financial institution.
• General computer skills with specific knowledge of Windows-based applications.
• Knowledge of current financial laws and regulations, required loan documentation, and Fintech lending policies.
• Proven communication and interpersonal skills to successfully communicate, negotiate, and influence associates who do not directly report to this position or area.
• Ability to communicate (verbally and written) with a wide variety of personalities and skill sets; ranging from branch associates, to executive management, to outside examiners and regulators.

Salary
N120,000 - N204,000 monthly

Application Closing Date
16th December, 2022.