Credit Admin Officer at Personal Trust Microfinance Bank Limited

Personal Trust is a Microfinance Bank in Lagos and a subsidiary of First Ally Capital Limited (FACL). Formerly known as Personal Trust Savings and Loans, the Bank was registered in 1993 and operated as a Mortgage Bank until its conversion to a Microfinance Bank in 2014. Personal Trust has a branch network at strategic locations in Lagos State and provides banking services to individuals, micro, Small and medium enterprises (MSME).

We are recruiting to fill the position below:

Job Title: Credit Admin Officer

Location: Lagos Mainland, Lagos
Employment Type: Full-time

Job Summary

• The Credit Admin Officer is responsible for all credit administration functions in the department.
• The jobholder ensures credit file documentation is in line with product paper and in compliance with the credit policy.

Duties and responsibilities

• Maintains registers and records of outgoing and incoming credit documents and collateral
• Serves as a liaison between staff and the credit department
• Responsible for the preparation of all credit-related letters and correspondence
• Develop and maintain a filing and archiving system
• Provides support to the legal, recovery, compliance and operations departments on credit-related request and enquiries
• Receive and keep of all security documents in conjunction with the legal department
• Perform credit status inquiry and interface with Credit Bureau
• Daily monitor the credit portfolio and evaluate the risk of potential default while recommending solutions to the loan recovery team
• Provides weekly collection and payment schedules to marketers while ensuring prompt and timely repayments as per schedule
• Identify and escalate repayment irregularities for further management action
• Research and evaluate credit applicant's financial status, references, credit and
• Any other responsibility assigned by Management

Qualifications

• HND / B.Sc in Accounting, Finance, Statistics or any related field
• Evidence of completion or exemption from NYSC

Experience:

• Demonstrated experience as a credit administrator or monitoring officer in a financial institution.

Skills:

• Excellent administrative skills
• Strong communication and interpersonal skills (including writing and speaking)
• Strong financial analysis skills with the ability to prioritize and manage workflow under strict deadlines
• Highly organized and detail-oriented
• Proficient in the use of MS Office Suite.
• Ability to multi task and handle pressure.

Application Closing Date
20th November, 2023.