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Credit Risk Officer
About this role
A full-time role in Lagos for a Credit Risk Officer within a financial institution. The position focuses on assessing borrowers, monitoring loan portfolios, and supporting credit risk management. The ideal candidate holds a degree in accounting, finance, economics or a related field, with foundational knowledge of credit risk and lending processes. The employer seeks someone who can perform financial analysis, due diligence, policy development, risk mitigation, and collaboration across teams to improve credit decisions and ensure compliance with regulations.
What you would do
- Assess borrowers' creditworthiness through financial analysis and documentation.
- Conduct due diligence visits to verify business operations and repayment capacity.
- Prepare credit approval memoranda with financial analysis and lending recommendations.
- Develop and implement credit policies, risk assessment criteria, and decision rules.
- Monitor loan portfolio performance and identify potential defaults.
- Recommend risk mitigation measures and controls.
- Collaborate with product, decision science and other teams to improve credit scoring and lending decisions.
- Identify potential fraud and operational risks and suggest controls.
- Prepare credit risk reports and propose strategies to improve portfolio quality.
- Ensure compliance with regulatory guidelines and internal policies.
What they are asking for
- Bachelor's degree in Accounting, Finance, Economics, Banking and Finance or a related field.
- At least 1 year of experience in consumer credit, credit risk analysis, or portfolio management.
- Strong knowledge of financial statement analysis, credit assessment and lending processes.
- Ability to analyze audit reports, perform due diligence and prepare credit memos.
- Basic understanding of credit risk management and regulatory requirements.
- Strong analytical, numerical, communication and report-writing skills.
- Proficiency in Microsoft Excel and financial analysis tools.
- Ability to balance business growth with risk management.
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