CREDIT ANALYST at Jobberman – Lagos

March 22, 2024

Job Description

A leading player in the Other Financial Institutions in Lagos state requires the services of a credit analyst.

Job Description:

  • Assess the creditworthiness of clients.
  • Evaluate clients’ credit applications, financial documents, records, and credit history to determine their creditworthiness.
  • Prepare ratio, trend, and cash flow analyses, and create projections based on historical data. Analyze credit applications and make recommendations to management for approvals. Prepare credit appraisal memorandum in respect of applications for the consideration of Approval.
  • Follow up on credit requests to ensure approvals are obtained within the approved timeline set by management Attend meetings with Relationship Officers to structure appropriate facilities for customers.
  • Monitor risk asset portfolio and ensure adherence to regulatory standards.
  • Prepare and submit credit reports to management and regulators promptly.
  • Adhere to the credit policy and guidelines of the company.
  • Perform any other function that may be assigned by the Head, Credit Department, Management, and Board Achieve agreed financial targets (assets and liabilities generation) every month.

Requirements

Skills and Person Specifications.

  • Ability to effectively manage competing deadlines for projects with less supervision. Excellent written and oral communication skills.
  • Strong math aptitude, and organizational and analytical skills.
  • Strong problem-solving and follow-up skills coupled with pragmatism and common sense
  • Decision-oriented with the ability to support sound reasoning and logic
  • Impeccable understanding of financial statements, ratios, and concepts Computer literate; fluency in Microsoft Office programs (Word, Excel, Outlook)
  • Experience with the use of credit administration or other banking application software
  • Educational Qualification & Experience Bachelor’s degree or HND in any discipline.
  • 3 – 4 years’ credit analysis experience in a bank or non-bank financial institution.