Credit Analyst at Soft Alliance & Resources Limited

Role Description

• This is a full-time on-site role for a Credit Analyst at SoftAlliance in Lagos. The Credit Analyst will be responsible for analyzing credit data and financial information, assessing risk, and determining creditworthiness. Daily tasks may include evaluating loan applications, developing credit policies, and communicating with clients and financial institutions.

Job Responsibility

• Review and analyze loan applications to assess the creditworthiness of applicants
• Evaluate financial statements, credit reports, and other documentation to determine the applicant’s ability to repay
• Verify the accuracy and completeness of all information provided by the applicant
• Approve or decline loan applications based on the company’s credit policies & and risk appetite
• Maintain detailed documentation supporting approval or rejection decisions for transparency and audit purposes
• Communicate decisions to applicants clearly and professionally
• Coordinate with operations and finance to ensure accurate and timely loan disbursements
• Follow up on loan repayments and regularly reconcile customer accounts to ensure all repayments are accurately recorded Investigate discrepancies in repayment records and resolve issues
• Initiate recovery strategy for non-performing loans that have exceeded 60 days
• Attend to customer inquiries and complaints and close same within 24 hours
• Generate reports on credit risk exposure, repayment trends, and portfolio performance for management

Qualifications

• Credit Management and Finance skills
• Analytical Skills Qualitative Analysis, Risk Assessment, Financial Analysis,
• Regulatory Compliance, Customer Service, Microsoft Excel,
• Strong Communication skills
• Credit Risk and Risk Management certifications are a plus
• Ability to perform credit analysis
• Experience in financial services or banking
• Bachelor's degree in Finance, Accounting, Business, or a related field