Credit Officer
About this role
- Evaluate loan applications and conduct comprehensive credit analyses.
- Conduct detailed financial analysis of individuals, SMEs, and corporate borrowers to determine repayment capacity and creditworthiness.
- Analyze financial statements, cash flows, bank statements, and business performance to support lending decisions.
- Conduct customer due diligence (CDD), Know Your Customer (KYC), and Anti-Money Laundering (AML) checks before loan approval.
- Verify customer information, collateral documentation, guarantor details, and supporting documents for completeness and authenticity.
- Prepare comprehensive credit appraisal memoranda with appropriate recommendations for Management and Credit Committee consideration.
- Assess collateral adequacy and recommend suitable security structures to mitigate lending risks.
- Ensure approved loans comply with delegated approval limits, internal policies, and CBN Prudential Guidelines.
- Monitor customers' financial performance and identify early warning signals that may affect loan repayment.
- Work closely with the Loan Monitoring Unit to track post-disbursement performance and ensure loan utilization aligns with approved purposes.
Requirements
- Bachelor's Degree in Banking, Finance, Economics, Accounting, Business Administration, or related discipline.
- Professional banking or accounting certification (ACIB, ACA, ACCA, CFA, or equivalent) is an added advantage.
- Minimum of 3–5 years' experience in credit administration, credit analysis, or lending within a microfinance bank.
- Strong understanding of CBN Prudential Guidelines, financial analysis, and credit risk management.
- Excellent report writing and analytical skills.
Company at a glance
Alan & Grant, is a firm of consultants creating innovative HR & Enterprise Solutions. We focus on enabling performance improvements around our clients’ people, product and project concerns.
We work with different organizations to conceptualize, build and deploy bespoke solutions aimed at improving overall performance and align workforce to long-term corporate objectives ensuring sustained growth and profitability in the process.
Our core competences are in
HR Advisory Services
Organizational Development (structure, policies, systems audit and development), Outsourcing Management (including people, function and process areas), Employee/HR Analytics, Employee Performance Management Systems, Salary survey and payroll management, Job Evaluation & Design,
Human Capacity Development
Gap Analysis, Competency Assessment & Design, Training Plan Design & Management, Facilitation, Curriculum & Content Development, Graduate Trainee Induction, Learning Academy Design & Development.
Talent Acquisition
Workforce Planning, Talent Sourcing, Executive Recruitment & Selection, Role Outsourcing, Assessment Centre Design & Management.
Enterprise Solutions
Market Research, Product Performance Review, Strategy Development, Quarterly/Yearly Performance Review, Quality Management Systems (ISO Audit, Assessment and Certification Preparation)
Project & Programme Management
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