Credit Specialist at Royal Exchange

Responsibilities:

• Receiving credit and loan applications along with additional paperwork.
• Reviewing documents to ensure their completion and precision.
• Conduct routine inspections to understand clients' financial track records better.
• Performing risk analyses and using the findings to inform the amount of credit extended, if applicable.
• Informing clients about the outcomes of their credit applications.
• Negotiating interest rates and payment plans that account for the potential risks identified earlier.
• Supervising the repayment of funds and contacting defaulters to urgently tend to their accounts.
• Providing additional financial support to eligible and steadfast clients upon request.
• Compiling a database of regular defaulters and reporting them to the relevant bodies, as appropriate.
• Working towards maintaining and advancing the financial status of our institution.

Qualifications:

• Bachelor’s degree in Accounting, Finance or a related field
• 3+ years of experience as a Credit Officer or in a similar position
• Complete understanding of Federal and State laws and regulations
• Familiarity with legal accounting practices and lending procedures
• Basic knowledge of ERP systems
• Excellent analytical and negotiation skills
• Ability to maintain integrity and confidentiality.
• Strong communication skills
• Research-driven and customer-focused individual
• Good decision-making skills
• Excellent mathematical skills
• Proficiency in Microsoft Office tools
• Demonstrating critical thinking ability

Benefits:

• Salary budget: N200-220k net
• HMO
• Pension