Credit Risk Supervisor at County Finance Ltd

Location: Ikeja, Lagos

Major Responsibilities

• This role will report to the Head of Credit and will be working with the credit department to analyze, assess, and evaluate the creditworthiness of a business, organization, or an individual credit application and responsible for the recovery of overdue payments from customers.

Role and Responsibilities

• Evaluate customers' loan applications in line with the organization’s credit policy.
• Identify critical risks in credit requests and provide advisory on how requests can be restructured in line with the company’s risk appetite.
• Portfolio management & reporting.
• Evaluate clients for creditworthiness based on our internal risk models & their application information.
• Detect fraudulent applications and unreliable applicants.
• Check Facility Letters and Loan Agreements and scrutinize the signed documents to ensure the correctness of the contracts.
• Continuously ensure alignment/compliance to the credit risk management framework.
• Continuously analyze and recommend improvement on credit risk management framework, processes and systems.
• Preparation of statutory reports.
• Assist in the development of risk policies, procedures, and standards
• Portfolio management & reporting (weekly, monthly, Quarterly) including ensuring timely repayment and pursuing recovery of all non-performing loans.
• Report daily, weekly and monthly progress against targets to Management.
• Create innovative credit evaluation processes and systems and propose new techniques for risk analysis and management
• Continuously ensure alignment/compliance to the credit risk management framework.
• Continuously analyze and recommend improvement on credit risk management framework, processes, and systems.
• Collaborate efficiently with business heads to complete risk assessments
• Mentor junior colleagues within the department
• Stay up to date on industry best practices for Risk Management
• Make outbound collection calls to defaulting customers.
• Maintain appropriate and comprehensive records of all customer discussions as it relates to debt recovery.
• Participate in the weekly credit review committee meeting.
• Review, process and reconcile accounts of indebted customers, to ensure amicable resolution & payment of agreed sum.

Qualifications / Requirements

• A First Degree in Economics, Finance, Accounting or any other related discipline, a Master’s Degree is an added advantage.
• 2-3 years’ relevant experience in the Financial Services Industry.
• Good knowledge of accounting and relevant lending ratios.
• Experience in Credit Risk Management
• Data Analytics and Effective communication
• Good Knowledge of Credit Analysis and Appraisal
• Experience in SME
• Excellent reporting skills.

Skills and Competencies:

• Knowledge of proper and ethical debt collection techniques
• Highly experience in digital lending space
• Ability to quickly build a picture of a customer’s personal circumstances and needs.
• Strong negotiating, counseling and problem-solving skills.
• Working knowledge of Microsoft Office Suites Word, Excel and Access.
• Ability to maintain high level of confidentiality.
• Able to work well as part of a team and on own initiative.
• Excellent listening ability and superb questioning techniques.
• Customer relationship management skills.
• Ability to work with little or no supervision.
• Problem Solving, Critical reasoning, detail-oriented.
• Excellent verbal, presentation and writing skills.

Salary
N100,000 - N150,000 monthly.