Loan & Credit Admin Officer at Peridot Forte Solutions Consulting

Job Brief

• This position analyzes new credit requests, makes loan servicing decisions for existing clients, and performs other essential credit duties.

Responsibilities

• Review incoming requests to evaluate eligibility, creditworthiness and other risk-mitigating criteria.
• Critically analyze standard and advanced risk matrix to arrive at the final loan decision.
• Calculate financial ratios (e.g., credit scores and interest rates).
• Conduct stress and scenario testing and analysis of portfolio.
• Monitor interim financial reports, borrowing base certificates, compliance certificates and other reports to monitor loan compliance.
• Effectively communicate credit decisions, terms, conditions, and findings through a formal narrative write-up.
• Meet with clients to provide quantitative assessments of financial performance in relation to internal lending. This will often include credit counseling and financial solution options.
• Establishes loan conditions and closing requirements for approved actions.
• Maintain updated records of the Company loan book.
• Monitor Loan Covenants and Risk Triggers.
• Monitor, mitigate, report and minimize credit limit excesses, business risks, provisioning, and provide periodic Credit Portfolio Reports daily, weekly, monthly, quarterly, and annually.
• Ensure all transactions have full and proper documentation.
• Identify and proffer credit risk-mitigating processes and strategies.

Requirements

• First Degree in Business Administration, Finance, Economics or related field.
• 3-5 years Proven work experience as a Credit Officer, Loan Officer or similar role in a Microfinance Bank, or Digital Lending Company.
• Strong analytical, financial and quantitative skills.
• Ability to create and process financial spreadsheets.
• Critical understanding of clients due diligence, data management, loan book reconciliation and statistics.