Credit Officer at Human Capacity Development Consultants (HCDC)

Responsibilities

• The role will be responsible for screening loan requests, evaluating clients' financial information, assessing risk ratios, and presenting approved or rejected loans to management.
• Meet with clients interested in taking out a loan and providing them with the necessary information to start the loan application process.
• Collect the needed financial documentation and assessing the clients' creditworthiness.
• Calculate and analyze the risk ratios of clients based on their credit score and financial history.
• Approve or deny loan requests, and communicate the decision to both clients and management.
• Set up payment plans for clients explaining monthly instalment amounts, interest rates, and other costs.
• Maintain records of loan applications by using loan management software.
• Manage loan renewals by organizing follow-up meetings with clients.
• Monitor the progress of the loan application process and relaying any hindrances to clients.
• Review, update and assess the risk of individual credit applications
• Refer complicated or difficult applications to the supervisor
• Compile all necessary paperwork and store it in the appropriate files.
• Suggest new credit policies and processes as the need arises
• Reconcile accounts and determine appropriate payment schedules

Requirements

• Bachelor of Science (B.Sc) in Accounting, Finance, Banking, Business or a similar field.
• A minimum of 2 years experience as a credit officer.
• Excellent knowledge of loan application procedures and best lending practices according to laws and regulations.
• Ability to work with loan management software.
• Strong communication skills and proven customer service experience.
• Exceptional analytical skills and the ability to work with complicated financial data.
• Excellent organizational skills and the ability to work well under pressure.
• Strong ethical behavior and the ability to work with sensitive financial information.

Salary
N4,000,000 - 5,000,000 annually