Credit Officer at a Microfinance Banking Space - Westfield Consulting Limited

Westfield Consulting Limited - Our client in the Microfinance Banking space, is looking for qualified and passionate candidates to fill the position below:

Job Title: Credit Officer

Location: Nigeria
Employment Type: Full-time
Industry: Financial Service

Job Purpose

• To ensure proper documentation and effective monitoring of credit facilities to ensure performance/minimal borrower default and to ensure that the credit management framework is in accordance with regulatory requirements.

Key Responsibilities

• Ensure proper process of credit in line with regulatory standards/credit guidelines/policies
• Ensure proper maintenance of all credit files and documents to ensure compliance with regulatory standards.
• Ensure complete documentation of all loans before disbursement.
• Ensures that original copies of collateral documents are sent to the Legal department.
• Review collateral documents to ensure that they are adequate and genuine in line with credit guidelines.
• Ensure that limits are monitored; incomes, fees, maturing repayments and anniversary charges are captured.
• Review all credits for quality, performance and compliance with approved terms and conditions and credit policy
• Conducting credit checks on both sitting and prospective customers and ensuring charges are effected.
• Ensuring release of documents are made available upon full liquidation of facilities
• Conduct due diligence on credit customers
• Weekly generation of expected collection report.

Requirements

• First degree in a numerate or business-related discipline
• Minimum of 2 years cognate work experience in Credit Analysis and Risk Management within the Financial Services Industry.
• Knowledge of Credit Analysis, Administration and Processes
• Knowledge of Operational Risk Management
• Knowledge of Financial Markets

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should send their current CV to: victor.allu@westfield-consulting.com using the job title as the subject of the mail.

Note: Only shortlisted candidates will be contacted.