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Loan & Credit Admin Officer at Peridot Forte Solutions Consulting Limited

Peridot Forte Solutions Consulting Limited – Our client in the Financial Sector is recruiting to fill the position below:

 

 

Job Title: Loan & Credit Admin Officer

Location: Lagos
Employment Type: Full Time

Job Brief

  • This position analyzes new credit requests, makes loan servicing decisions for existing clients, and performs other essential credit duties.

Responsibilities

  • Review incoming requests to evaluate eligibility, creditworthiness and other risk-mitigating criteria.
  • Critically analyze standard and advanced risk matrix to arrive at the final loan decision.
  • Calculate financial ratios (e.g., credit scores and interest rates).
  • Conduct stress and scenario testing and analysis of portfolio.
  • Establishes loan conditions and closing requirements for approved actions.
  • Maintain updated records of the Company loan book.
  • Monitor Loan Covenants and Risk Triggers.
  • Monitor, mitigate, report and minimize credit limit excesses, business risks, provisioning, and provide periodic Credit Portfolio Reports daily, weekly, monthly, quarterly, and annually.
  • Ensure all transactions have full and proper documentation.
  • Identify and proffer credit risk-mitigating processes and strategies.
  • Monitor interim financial reports, borrowing base certificates, compliance certificates and other reports to monitor loan compliance.
  • Effectively communicate credit decisions, terms, conditions, and findings through a formal narrative write-up.
  • Meet with clients to provide quantitative assessments of financial performance in relation to internal lending. This will often include credit counseling and financial solution options.

Requirements

  • First Degree in Business Administration, Finance, Economics or related field.
  • 3-5 years Proven work experience as a Credit Officer, Loan Officer or similar role in a Microfinance Bank, or Digital Lending Company.
  • Strong analytical, financial and quantitative skills.
  • Ability to create and process financial spreadsheets.
  • Critical understanding of clients due diligence, data management, loan book reconciliation and statistics.

 

 

How to Apply
Interested and qualified candidates should send a CV to [email protected] using ‘Loan & Credit Admin Officer’ as the subject of the email

 

Application Deadline  5th June, 2021.

Posted in Banking & Finance jobs in Nigeria

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