Credit Analyst at Personal Trust Microfinance Bank

Job Summary

The Credit Analyst will perform credit analysis and risk assessment on current and potential customers to determine their eligibility in line with the credit guidelines and policies of the bank.

Duties and Responsibilities

• Ensure high-quality evaluation of credit applications and customers to determine if they meet the eligibility and acceptability criteria of the bank in line with the credit policy and guidelines
• Ensure that all terms and conditions (pre and post-disbursement conditions) of approval are met, and all security documents are in place prior to disbursement.
• Ensure on-site inspection and monitoring of customer’s businesses and collaterals when necessary
• Maintain control and custody of all security documents in conjunction with the legal department
• Research and evaluate credit applicant's financial status, references, credit and risk to determine the eligibility of the application
• Perform credit status inquiry and interfaces with Credit Bureaus.
• Ensure that adequate and timely loan loss provisions are made based on actual and expected losses.
• Ensure proper documentation of all incoming and outgoing credit document.
• Interview loan applicants and guarantors when necessary.
• Compare liquidity, profitability, and credit histories of individual or company being evaluated with similar establishments to determine risk.
• Routinely monitor loans for compliance.
• Formulate and implement appropriate strategies and actions to maximize recovery of non-performing accounts and minimize credit loss.
• In conjunction with the remedial team, evaluate collateral and documentation to identify recovery/remedial strategy for restructured accounts.
• Any other responsibility assigned by Management.

Qualifications

• HND / B.Sc in Accounting, Finance, Statistics or any related field.
• Evidence of completion/ exemption of/from NYSC.

Experience:

• Demonstrated experience as a credit analyst in a Microfinance Bank or any other financial institution.

Skills:

• Strong financial analysis skills with the ability to prioritize and manage workflow under strict deadlines
• Highly organized, detail-oriented, with solid verbal and written communication skills
• Persistence, flexibility and a high service orientation, as well as a reputation for dependability, professionalism, and a commitment to teamwork.
• Proficient in the use of MS Office suit.
• Ability to multi-task and handle pressure.