Risk Assets Management Officer / Manager at Fundsworth Finance Company Limited

Fundsworth Finance Company Limited is a Finance Company licensed and regulated by the Central Bank of Nigeria. The company is expanding its service offerings across more sectors of the economy, having carved a niche for itself in MSME financing.

We are recruiting to fill the position below:

Job Title: Risk Assets Management Officer / Manager

Location: Lagos
Employment Type: Full-time

Job Summary

• The Risk Assets Management Officer / Manager will be responsible for managing and mitigating credit risk, overseeing the credit portfolio, and ensuring compliance with regulatory requirements.
• The ideal candidate must have a strong understanding of credit risk management, loan administration, and regulatory compliance.

Key Responsibilities

• Manage and mitigate credit risk across the portfolio
• Oversee loan administration, including loan disbursement, repayment, and recovery
• Conduct regular portfolio reviews and risk assessments
• Develop and implement credit risk management strategies and policies
• Ensure compliance with regulatory requirements and internal policies
• Collaborate with cross-functional teams, including sales, accounts, and treasury operations
• Analyze and report on credit risk metrics and trends

KPIs

• Portfolio quality: Maintain a portfolio with low levels of delinquency and default
• Risk management: Identify and mitigate potential credit risks, and maintain a low risk profile
• Loan recovery: Achieve high recovery rates for delinquent loans
• Compliance: Ensure compliance with regulatory requirements and internal policies
• Portfolio growth: Manage portfolio growth and ensure alignment with business objectives
• Reporting: Provide timely and accurate risk reporting to management

Performance Metrics:

• Non-performing loan (NPL) ratio
• Loan loss provision coverage ratio
• Loan recovery rate
• Risk-adjusted return on assets
• Compliance audit scores.

Requirements

• Graduate of Business / Finance
• Must have 2-7 years hands-on in Credit Administration/Loan Recovery
• Must have good knowledge of Credit Underwriting, Administration and Loan Structuring/ Restructuring and management of delinquent loans

Skills and Competencies:

• Excellent credit analysis/appraisal skills
• Strong understanding of credit risk management and loan administration
• Excellent credit analysis/appraisal skills
• Good knowledge of regulatory requirements and industry best practices
• Ability to work in a fast-paced environment and prioritize tasks effectively
• Strong communication and interpersonal skills.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should send their application, including their CV to: fundsworthrecruits@gmail.com using the job title as the subject of the mail.