Our client is a leading Microfinance Bank in Nigeria
providing micro-banking services to individuals and SMEs.
Job Summary
The Credit Management
Officer is responsible for evaluating credit applications, conducting detailed
financial and credit analyses, recommending appropriate lending decisions, and
monitoring approved credit facilities to ensure compliance with the Bank's credit
policies and regulatory requirements. The role supports prudent credit
administration, portfolio quality, and sustainable lending practices while
minimizing credit risk and loan losses.
Key Responsibilities
- 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
financial institution.
- Strong understanding of CBN
Prudential Guidelines, financial analysis, and credit risk management.
- Excellent report writing
and analytical skills.
Skills Required
- Bachelor's Degree in Banking, Finance, Economics, Accounting, Business Administration, or related discipline.
- Professional banking or accounting certification (ACIB, ACA, ACCA, CFA, or equivalent).
- Minimum of 3-5 years' experience in credit administration, credit analysis, or lending within a financial institution.
- Strong understanding of CBN Prudential Guidelines, financial analysis, and credit risk management.
- Excellent report writing and analytical skills.
What We Do
Alan&Grant is a People Development Company creating innovative HR & Organisational Development Solutions for result-driven organizations, focusing on improving performance and aligning the workforce.
