Credit Risk Officer at Ryghtrade Investment Limited

Job Responsibilities

• Candidate must possess the experience with the processes involved with digital lending.
• Candidates must have hands-on experience in credit underwriting/Analysis.
• Perform a comprehensive review of sampled new loans and modifications to identify any credit weaknesses, policy or regulatory violations, servicing deficiencies, or trends.
• The credit risk officer will be in charge of analysing of financial information and the credit facility to help form a conclusion on loans or its modification.
• Complete monthly trend and portfolio management analysis via defined reports, as well as using knowledge, experience, and observation to determine if new analysis is needed.
• Reviewing loan applications, credit reports, and other documentation to determine whether to approve or deny loans.
• Evaluating potential risks and recommending solutions to increase profits while maintaining safety standards
• Analyzing industry trends to identify new opportunities for lending, investment, or insurance products.
• Reviewing applications for large consumer loans such as mortgage applications to determine whether they meet the lender’s criteria
• Credit risk officers need to have a strong understanding of financial concepts and practices
• Problem-solving skills are essential for credit risk officers, as they are responsible for identifying and resolving potential issues that may arise from the company’s lending practices.
• Business acumen is the ability to understand the financial aspects of a business.
• Candidates must have been involved in Credit administration all through their years of experience.

Requirements

• Candidates must have a minimum of a B.Sc in any discipline.
• A Master's Degree will be an added advantage.
• Minimum of 4 years of relevant work experience in a financial institution.
• General computer skills with specific knowledge of Windows-based applications.
• Knowledge of current financial laws and regulations, required loan documentation, and Fintech lending policies.
• Proven communication and interpersonal skills to successfully communicate, negotiate, and influence associates who do not directly report to this position or area.
• Ability to communicate (verbally and written) with a wide variety of personalities and skill sets; ranging from branch associates, to executive management, to outside examiners and regulators.