Job Summary

Evaluating clients' credit data and financial statements in order to determine the degree of risk involved in lending money to them. Preparing reports about the degree of risk in lending money to clients. Analyzing client records and using the data to recommend payment plans.

  • Minimum Qualification: Degree
  • Experience Level: Mid level
  • Experience Length: 3 years

Job Description/Requirements

JOB DESCRIPTION FOR CREDIT ANALYST

 

  • DAILY GENERATION, COMPUTATION AND ANALYSIS OF THE BANK PAR RATIO Daily computation of the bank's PAR with the following outputs: (1) System PAR (2) Real PAR (3) Regulatory PAR (4) Analysis of the effects of the ratios

 

  • WEEKLY PREPARATION OF LOAN OFFICER PAR RATIO Preparation of the loan officer PAR ratio against the next credit review meeting

 

  • LOAN COMPUTATION

Compute and advise on the repayment amount due or loan paid off amount due upon request

 

  • LOAN FILES RECONCILIATION

Reconcile credit files and identify variances and return to LPO for regularization

 

  • LOAN APPRAISAL

Thorough analysis of loan appraisals (financial statement analysis and identifying risk involve) for all AJO loan and other loan within N100,000.00 facility and below upon receipt of mail

 

  • LOAN DISBURSEMENT PROCEDURE

Keep up to date with the bank's lending protocols and ensuring compliance till paid off

 

  • OVERDRAWN ACCOUNT ANALYSIS

Analyze overdrawn account and making recommendations to the Head of credit for reversal or settlement by the customer

 

  • BANK AND SECTORIAL ANALYSIS

Prepare and analyze the bank sectorial / industrial participation using models, graphs and ratios considering the regulatory requirement in order to advise and give direction to the bank

 

  • CREDIT INCOME ASSURANCE

Continuous review of loan accounts to ensure that all income earned are recorded and customers’ accounts correctly and completely credited /debited

 

  • CREDIT RATIOS

Populate and compute the credit ratios as required by the regulatory bodies on daily basis to determine the bank compliance and adjustments required

 

  • ROLE SUCCESSION PLAN

Back up for the Credit Assuarance Officer / Loan Processing Officer as required

 

  • DAILY REPORTING

Daily report on other team members’ activities and report the bank daily PAR for measurement

 

  • MONTHLY REPORTING

Monthly prepare of the department report on or before the 3rd working day of the month and submit to the Head of department for review

 

OTHER ASSIGNED ROLES

Execution of other task as assigned by the head of the department


·         Daily generation, computation and analysis of the bank par ratio 

·         Weekly preparation of loan officer par ratio 

·         Loan computation

·         Loan files reconciliation

·         Loan appraisal

·         Overdrawn account analysis

·         Bank and sectorial analysis

·         Credit income assurance

·         Credit ratios



EDUCATIONAL REQUIREMENTS AND SKILLS


  • Bachelor’s degree in finance, accounting, or other business-related fields
  • 3 - 5 years of  experience in similar role in a Microfinance banking sector
  • Strong proficiency in MS Office and general computer use
  • Ability to effectively manage competing deadlines for projects in a high-pressure work environment, with varying degrees of supervision
  • Strong attention to detail and ability to notice discrepancies in data
  • Impeccable understanding of financial statements, ratios, and concepts



 

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