Credit Officer at Davo Dani MFB

Responsibilities

• Evaluate loan applications and conduct thorough credit analysis to determine borrowers' eligibility and creditworthiness.
• Assess financial documents, credit reports, and collateral valuations to make informed lending decisions.
• Structure loan products and terms based on clients' needs, risk assessment, and internal policies.
• Present loan proposals to credit committees, providing comprehensive analysis and recommendations.
• Maintain and manage loan portfolios, ensuring timely repayment and proactively addressing any delinquencies or defaults.
• Develop and maintain strong relationships with clients, providing personalized financial guidance and solutions.
• Collaborate with cross-functional teams, including underwriters, legal, and compliance, to ensure loan processes adhere to regulatory requirements and internal policies.
• Stay updated on market trends, industry regulations, and changes in lending practices to mitigate risks and identify new business opportunities.
• Conduct regular financial reviews and assessments of existing loan accounts to identify potential risks and propose necessary modifications.
• Provide exceptional customer service, addressing client inquiries, concerns, and providing guidance throughout the loan application and approval process.

Qualifications

• ND/HND/Bachelor's degree in Finance, Business Administration, or a related field.
• Proven experience as a Loan Officer, Credit Officer, or similar role in the financial services industry.
• In-depth knowledge of lending principles, credit analysis, and loan structuring.

Location

• IKORODU & EGBEDA, applicant must reside around Ikorodu or Egbeda.