Business Developer / Credit Officer at HRLeverage Africa

Responsibilities

• Identify and pursue new business opportunities through prospecting, networking, and relationship building.
• Develop and maintain relationships with potential clients, understanding their financial needs, and offering suitable credit solutions.
• Assess creditworthiness of potential clients by analyzing financial data, credit reports, and other relevant information.
• Evaluate credit risk, establish credit limits, and make recommendations based on risk assessment.
• Manage the loan application process, including gathering necessary documentation, verifying information, and ensuring compliance with regulations.
• Work closely with clients to explain credit terms, negotiate agreements, and finalize loan terms.
• Monitor credit portfolio to identify potential risks and take proactive measures to mitigate those risks.
• Implement credit policies and procedures to ensure compliance with regulations and minimize credit losses.
• Prepare and maintain accurate records, reports, and documentation related to credit assessments and loan applications.
• Provide regular reports to management regarding credit portfolio performance and risk exposure.

Requirements

• Bachelor’s Degree in Business Administration, Finance, Economics, or related field. A Master’s degree or relevant certifications (e.g., Certified Credit Professional) is a plus.
• Proven experience in business development and credit analysis within the financial industry.
• Strong understanding of financial statements, credit risk assessment, and lending practices.
• Excellent analytical skills with the ability to interpret complex financial data.
• Knowledge of regulatory requirements and compliance standards in lending.
• Exceptional communication and interpersonal skills for client interactions and negotiations.
• Proficiency in financial software and tools used for credit analysis and risk assessment.