Head of Credit at Winock Solar Nigeria Limited

Winock Solar Limited is a company that specialises in off-grid solar solutions in Sub-Saharan Africa. Winock Solar offers a wide range of products such as solar panels, inverters and batteries and services such as installation and repair. Our mission is to make solar accessible, reliable and affordable to Nigerian micro-businesses for productive use.

We are recruiting to fill the position below:

Job Title: Head of Credit

Location: Abuja (FCT)
Employment Type: Full-time
Department: Credit Department
Reports to: Head of Winock Lending
Supervises: Credit Analyst

Job Objective

• Oversee the company’s lending process, creating credit scoring models, setting loan terms and determining interest rates; minimize bad debts and increase revenues from loans.

Key Responsibilities
The Job responsibilities include without limitation, the following:

• Conduct thorough analysis of financial statements and assessment of credit requests, including new requests, changed requests, refinancing and annual due diligence.
• Acts as a liaison between financial institutions, individuals and businesses applying for loans , as well as process loan application
• Research and evaluate clients’ creditworthiness
• Present analysis, findings, and recommendations to managers, especially findings that involve a borrower’s ability to repay
• Create credit scoring models, both mathematical and statistical ones that directly relate to the risk being measured or predicted risk.
• Approve or reject loan requests, based on credibility and potential revenues and losses
• Calculate and set interest rates
• Monitor payments
• Recording anticipated economic environment changes.
• Reconcile credit files and identify discrepancies and variances
• Follow up with clients to manage debt settlements and loan renewals
• Ensure all lending procedures comply with regulations
• Develop, review and update our company’s credit policies
• Provide a daily, weekly and Monthly report to management.

Qualifications and Experience

• Graduate (BSc) Degree or HND in any field.
• Having field work experience with a minimum of 5 years experience
• Having relevant experience is an added advantage.

Functional Competencies and Skills:

• Attention to details and analytic skill
• Effective Time Management skills
• Effective communication skills
• Confidentiality and ethical attributes
• Working knowledge of Microsoft office suite
• Customer relationship management skills
• Working knowledge of Business and CRM softwares specifically SugarCRM, Quickbooks

Salary
N150,000 - N200,000 Monthly.

Application Closing Date
24th February, 2022.