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Loan Administrator
About this role
A Loan Administrator role based in Lagos within Canary Point Corporate Services Ltd and its financial services group. It is suited for candidates with experience in loan administration, aiming to manage approved loan facilities, documentation, disbursement, and ongoing monitoring in line with policies and regulatory requirements.
What you would do
- Process approved loan facilities according to terms and internal policies
- Review and ensure completeness and accuracy of loan documentation before disbursement
- Coordinate preparation, execution and filing of loan and security documents
- Coordinate with Relationship Managers, Credit, Risk, Legal and Finance to facilitate timely processing
- Ensure accurate loan booking, facility setup and maintenance of loan records
- Monitor repayment schedules, maturities, renewals, restructures and other facility requirements and escalate exceptions
What they are asking for
- Bachelor's degree in Finance, Accounting, Economics, Business Administration or related field
- 3 to 5 years' experience in loan administration, credit operations, or banking operations
- Understanding of loan processing, documentation, disbursement procedures and credit administration
- Proficiency in Microsoft Excel and other Office applications for records and reporting
- Strong attention to detail and organisation, ability to manage multiple facilities
- Knowledge of credit risk concepts and regulatory requirements; professional certification (CIBN, ACA, ACCA or similar) is a plus
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