Credit Risk Analyst at La Fayette Microfinance Bank Limited, Advans Nigeria

MAIN RESPONSIBILITIES

PRODUCTION

• Analyzes and gives a motivated opinion on every credit file to be presented to LCM from N3 million. These tasks imply the following:
• Ensures that the file is complete (documents, appendix, etc.)
• Checks the source of information/data and their reliability.
• Checks the exactitude and accurateness of data and calculation.
• Checks the respect of the rules and methodology used.
• Checks the global consistency of data between themselves and according to sector/comparable activities.
• Checks and interprets the evolution of data, identify trends.
• Identify additional risks (fiscal, licenses, contracts, etc.)
• Exchanges information with CO in order to complete LAF
• Checks – with HNP – that procedures of credit risk follow-up and monitoring is respected (quality and frequency of post-disbursement visits)

ANALYSIS

• Periodically analyzes quantitatively and qualitatively the loan portfolio of Advans Nigeria (sector concentration, product concentration, etc.)
• Periodically perform default/PAR studies, measuring in particular the impact of collateral, members of LCM and other on risk exposure.
• Makes recommendations (training, process, procedures, etc.) in order to improve the quality of analysis.
• Constitutes a database enable the Bank to build comparison/reference criteria between companies from the same sectors.
• Proposes evolution in the policy, process, procedure, methodology, LAF, products, collateral, related to the risks identified.
• Intervenes, if requested to, on certain cases of recovery.

CONTROL

• Controls loan files based on tangible elements.
• Informs directly MD/CEO/HNP in case of serious violations, in order for the management to take appropriate steps.
• Other duties as assigned by the Chief of Risk.

PERSONS SPECIFICATION

• Educational Experience: B.Sc. / HND in any discipline. Professional Qualification will be an advantage.
• Work Experience: Applicant must have minimum of two (2) years work experience as a credit risk officer prefferably in a finance institution.

Skills:

• High-level proficiency in written and spoken English
• Good knowledge of regulatory requirements around credit risk and control management for MFIs.
• Good command of MS PowerPoint, and general knowledge of MS Office software package.
• A high degree of professionalism, maturity, and confidentiality.
• Oral and written communication.