Credit Officer

May 13, 2022

Job Description

  • Full Time
  • Nigeria

Alan & Grant

Alan & Grant – Our work is focused on creating innovative HR and Organizational Development Solutions aimed at Performance Improvement & Business Growth. We currently serve clients across various sectors of the Economy from locations in Jos, Port Harcourt and Lagos.
We are recruiting to fill the position below:
Job Title: Credit Officer
Location: Lagos
Industry: Financial Services
Job Summary

The Credit Officer is responsible for implementing the company’s credit risk management framework through the identification, assessment, management of credit and investment transactions to safeguard assets quality and minimize potential losses.
He/She will also be responsible for ensuring sound management of credit risk and implementing the credit/investment risk framework in the area of the lending and investment operations.

Roles & Responsibilities

Review and provide feedback about the completed loan application form on any missing or unclear documents in the application thereby ensuring all required supportive documents for the credit analysis have been submitted.
Conduct credit evaluation/ analysis for retail and MSME clients and make appropriate recommendation in line with credit policy.
Ensure proposed facility are structured appropriately in line with transaction dynamics, repayment structure and customer’s cashflow.
Ensure compliance to target market, risk acceptance criteria and overall Credit policy
Conduct Risk Rating and Credit scoring for all loan request
Conduct financial and non-financial business analysis on proposed request and interpret generated financial ratios/ performance indicators
Recommend credit for final approval, follow-up with the required DLA to ensure request are approved timely and communicate approval to market facing units
Ensure that all pre-disbursement conditions are met
Ensure that limits are monitored; maturing repayments and all receivables on accounts are collected
Identification of credit related early warning signals and flagging likely problems before they crystallize
Prepare on a timely basis, the rendition of all relevant regulatory returns
Liaise with Financial Control Department (FINCON) to prepare Capital Adequacy Ratios and loan impairment in line with CBN prudential guidelines and IFRS requirements
Credit call visits to customers with relationship management team.
Liaise with Legal Unit and ensure that all security documentations comply with terms of approval and are enforceable
Ensure proper filling of customer loan documentation in line with the requirement of the CBN prudential guideline
Builds relationship with RMs and Relationship/platform Officers to improve quality of business proposals and turnaround time on credit evaluations.
Perform Credit status enquiry and act as interface to other Credit bureaus with regards to submission of data (CRMS, CR, CRC e.t.c)
Review of Credit portfolio for sustained quality, performance and compliance with approved terms and conditions as well as Credit policy
Identify deteriorating accounts for prudential classification and transfer to the recovery team
Revise and propose changes to existing Credit Risk policies
Prepare relevant risk reports for the Risk Management Committee and relevant Board committees
Staff training internally (credit staff) and externally as may be required
Carry out such other duties that may be delegated to it by Head, Enterprise Assurance Group.


Minimum of a B.Sc. preferably in Accounting / Finance, Economics or Business Admin
5 – 7 years post-NYSC experience in Credit Risk Management within the financial services industry with primary focus on MSME and Retail segment.
Professional qualification such as ACA and ACCA
Experience in Credit Administration and delinquent management will be an added advantage
Good knowledge of CBN policies on credit and loan administration
Knowledge of retail banking and micro lending

Application Closing Date
Not Specified.
Method of Application
Interested and qualified candidates should:
Click here to apply online

To apply for this job please visit


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