Credit Analyst at Primera Africa Finance Group

Location: Victoria Island, Lagos
Department: Risk Management - Credit Analysis and Processing
Reports to: Head, Credit Analysis and Processing

Job Summary

• Ensure customers application are approved in line with agreed TAT
• Appraises risk asset applications and subjecting them to credit analysis identifying potential risks and advising Management of corrective actions to be taken to minimize credit losses
• Ensure adherence to Bank’s credit policies and processes.

Job Description

• Appraise and approve all SME and Microcredit loan applications
• Monitor the portfolio to ensure a healthy portfolio is maintained at 3% PAR
• Ensure lending assets for approval are within parameters
• Contact liaison with sales team to ensure conformity with credit policy and training
• Ensure that work flow is consistent with credit approval to achieve high portfolio standard
• Develop and implement procedure and processes for fraud prevention management
• Monitor/ report exposure and assess current and potential risk and assist management in developing prevention strategies
• Conduct credit checks and other verifications on consumer customers
• Regularly analyse concentration risk of loan protfolio and advise management accordingly
• Monthly and quarterly reporting of performance of loan customers to credit bureau
• Analyse and report on portfolio characteristics, assisting in product development geared towards managing inherent credit risks in bank’s products.

Accountabilities

• Credit reports and portfolio analysis reports
• Submission of reports to credit bureau
• Quality of loan portfolio
• Adherence to credit approval process

Qualifications

• Minimum of B.Sc. in any Social Science discipline (Business Administration, Marketing, Banking & Finance, Economics or related courses).
• Minimum of 3 to 5 years in Credit Analyst Role
• Experience with reviewing SME and Microcredit transactions
• Professional certification will be an added advantage

Required Skills:

• Excellent Interpersonal skills
• Persuasive skills
• Excellent Analytical skills
• Must be a team player
• Excellent Communication skills
• Vast in Microsoft office packages
• Problem solving skills
• Practical knowledge and understanding of risk management, CBN regulations and the financial services industry

Remuneration
Very competitive