Credit KYC Officer / Loan Recovery Officer at a Tier 1 Microfinance Bank (2 Openings)

A Tier 1 Microfinance Bank is recruiting suitable candidates to fill the position below:

Job Title: Credit KYC Officer / Loan Recovery Officer

Location: Lekki Phase 1, Lagos
Employment Type: Full-time
Department / Unit: Credit

Job Summary

• We are on the lookout for talented, ambitious, and dynamic professionals to join our growing team!
• This is not just another job, it is an opportunity to be part of a fast-paced, innovative, and customer-focused financial institutionthat is transforming banking as we know it.
• Whether you are a sales dynamo, anumbers ninja, acompliance genius, or afresh-faced graduate ready to conquer the world, we have a seat for you at our table
• The Credit KYC Officer is responsible for conducting comprehensive Know Your Customer (KYC) and due diligence procedures specifically related to the credit approval and lending processes.
• This role involves verifying the identity, financial status, and creditworthiness of prospective and existing customers applying for credit, ensuring compliance with regulatory standards and internal policies.

Key Roles and Responsibilities

• Ensure that the institution complies with KYC/AML regulations and internal policies.
• Assess and manage the risk associated with client onboarding and ongoing customer relationships.
• Conduct thorough checks and verification of customer identity and financial background.
• Perform risk assessments for new and existing customers based on their profile and transaction history.
• Ensure the completion of KYC documentation and proper record-keeping.
• Regularly update and review customer profiles to reflect changes in behavior, risk level, or ownership.
• Stay informed about and ensure compliance with relevant KYC/AML regulations, including local and international laws.
• Assist in audits and regulatory inspections, providing required documentation and information.
• Collect and verify documents such as passports, utility bills, and other forms of identification.
• Conduct risk assessments and customer profiling during the onboarding process.
• Update and maintain KYC records in the institution’s database.
• Prepare reports on findings and suggest actions to mitigate risks.

Qualificatons

• Bachelor’s Degree in Finance, Business, or a related field.
• Certification in anti-money laundering (e.g., CAMS) is advantageous.
• Experience in compliance or KYC roles preferred.
• Strong knowledge of KYC and AML regulations.
• Excellent attention to detail and organizational skills.
• Proficiency in compliance software and Microsoft Office.
• Good analytical and investigative abilities.
• Strong communication and reporting skills.
• In-depth knowledge of KYC regulations and recovery processes.
• Excellent analytical and problem-solving abilities.
• Proficiency in compliance and recovery software.
• Effective negotiation skills.

Reporting Line:

• Supervisor: Head of Credit.

Salary
N1,200,000 - N1,500,000 annually (Gross pay range).

Why should you apply?

• A professional yet energetic work environment
• Competitive salary and growth opportunities
• A team that values innovation and collaboration
• The chance to make a real impact in the financial sector.

Application Closing Date
30 April 2025