Loan Credit Specialist at Pause Factory Resources

Pause Factory Resources Limited, a Management Consulting Firm, is recruiting to fill the position below:

Job Title: Loan Credit Specialist

Location: Ogudu/Ojota, Lagos
Employment Type: Full-time

Job Description

• The Loan Credit Specialist is responsible for evaluating and analyzing loan applications, credit reports, and financial statements to determine creditworthiness and make informed lending decisions. 
• This role requires strong analytical skills, attention to detail, and excellent communication skills.

Responsibilities

• Loan Application Review: Evaluate loan applications, credit reports, and financial statements to determine creditworthiness.
• Credit Analysis: Analyze credit data, income, employment history, and other factors to assess the borrower's ability to repay the loan.
• Risk Assessment: Identify potential risks and mitigating factors, such as collateral, credit history, and debt-to-income ratio.
• Credit Decisioning: Make informed credit decisions, approving or declining loan applications, and providing recommendations for loan terms and conditions.
• Loan Structuring: Structure loan agreements, including interest rates, repayment terms, and fees, to ensure alignment with the lender's policies and risk appetite.
• Compliance: Ensure compliance with regulatory requirements, industry standards, and lender policies.
• Customer Communication: Communicate credit decisions and loan terms to borrowers, providing clear explanations and guidance.
• Portfolio Management: Monitor and manage the loan portfolio, identifying trends, and recommending strategies to minimize risk and maximize returns.

Requirements

• Education: Bachelor's degree in Finance, Accounting, or related field.
• Experience: Minimum 2-3 years of experience in credit analysis, lending, or related field.
• Skills: Strong analytical skills, attention to detail, excellent communication skills, and ability to work in a fast-paced environment.
• Certifications: Professional certifications such as CRC (Certified Risk Compliance) will be an added advantage.

What We Offer

• Salary: N100,000, plus bonus up to 100k monthly.
• Opportunities for Growth: We provide opportunities for professional growth and development.
• Collaborative Work Environment: We foster a collaborative and dynamic work environment.

Application Closing Date
28th February, 2025.