Credit Risk Analyst at Sigma Consult

Urgent Vacancy 

Location: Lagos Island (Marina)
Industry: Finance/ Investment 

Job brief
We are looking for a Credit risk analyst, responsible for analyzing the creditworthiness of individuals and businesses. Look at factors such as income, assets, debts, and other financial obligations to determine whether someone is likely to repay a loan on time or if a business will be able to fulfill its contractual obligations.

Responsibilities:

• Reviewing loan applications for potential risks, including an applicant’s ability to repay the loan
• Reviewing financial statements to determine the company’s ability to repay its debts
• Analyzing financial data to assess risk exposure and recommend solutions
• Reviewing a borrower’s credit history to determine their risk of defaulting on a loan or other financial obligation
• Communicating findings with other team members within the lending institution or other parties involved in the decision-making process
• Monitoring loans to detect signs of financial distress or possible fraud
• Preparing reports summarizing the findings of the analysis and recommending next steps
• Reviewing business plans to determine whether applicants have realistic expectations about their ability to repay loans
• Managing risk for banks, insurance companies, real estate firms, and other organizations that are exposed to financial loss from loan defaults or other factors

Requirements and Skills

• Bachelor’s degree in finance, accounting or another related field.
• Mathematical skills
• Technical skills
• Problem-solving skills
• Business knowledge