Head Credit at a Microfinance Bank - Vincintoire Limited

Vincintoire Limited - Our client, a Microfinance Bank located in Lagos State is recruiting suitably qualified candidates to fill the position below:

Job Title: Head Credit

Location: Lagos

Job Description

• Evaluating and reviewing of client’s credit proposal for approval or rejection based on credibility, potential revenue and losses to maintain a good balance between returns and risk exposures.
• Preparation of Credit Appraisal Memorandum (CAM) for Management and Board consideration and Approval
• Conducting credit search from an approved Credit Bureau for facilities .
• Booking of loans in line with approved terms and conditions.
• Proper documentation and updating of the loan files.
• Follow up and monitoring of disbursed loans to ensure timely repayment.
• Recovery of delinquent loans and advances.
• New products development and review of existing ones.
• Develop, review and update the bank’s credit policies.
• Organize in house training for the staff
• Render timely report to regulatory bodies (CBN, NDIC, e.t.c) when required
• Preparing weekly and monthly Portfolio AT Risk (PAR) with a summary of loan loss provision

Requirements

• 2-5 years experience in a similar role
• Bachelor's degree in Business Administration, Accounting or related fields.
• Masters, Microfinance Certification is an added advantage.
• Ability to use bankone core banking software is an advantage.
• Ideal candidate should be goal oriented, smart, intelligent, creative and hardworking.

Application Closing Date
26th February, 2020.