Job Summary
The Credit Risk Analyst is responsible for evaluating the creditworthiness of potential and existing clients by analyzing financial data, credit history, and market trends. This role helps mitigate financial losses by ensuring that credit risks are properly assessed, monitored, and managed in line with the organisation’s risk appetite and regulatory obligations.
Location: Lekki Phase 1
Salary: N300,000 - N350,000
Work days: Mondays - Fridays || 8 AM - 5 PM
Work mode: Fully onsite
Key Responsibilities
- Conduct comprehensive credit risk assessments for loan applications and existing portfolios.
- Analyze customer financial statements, credit reports, and repayment capacity to determine risk levels.
- Develop and maintain internal credit scoring models, dashboards, and risk matrices.
- Recommend appropriate credit limits, loan terms, and risk mitigation strategies.
- Monitor existing loan portfolio for warning signs of delinquency or default.
- Prepare periodic reports on credit risk exposure and trends for senior management.
- Collaborate with underwriting, collections, legal, and business development teams to support sound lending decisions.
- Ensure credit policies and procedures align with regulatory requirements (CBN, SEC, NDIC) and company objectives.
- Assist in stress testing, scenario analysis, and capital adequacy reviews.
- Stay up to date on industry developments, macroeconomic conditions, and changes in credit risk regulations.
Requirements:
- Bachelor’s degree in Finance, Economics, Accounting, Statistics, or related field.
- A Master’s degree or certification (e.g., CFA, FRM) is a plus.
- 2–4 years of experience in credit risk analysis, preferably in a financial services or fintech environment.
- Strong financial analysis, forecasting, and modeling skills. Proficient in Excel and credit risk assessment tools.
- Familiarity with credit bureau databases, scoring models, and risk management systems. Knowledge of SQL or data analytics tools is an advantage.
- Understanding of Nigerian regulatory frameworks (CBN, BOFIA, FIRS, NDIC) related to credit and lending.
- High level of accuracy, accountability, and diligence in analyzing and presenting credit data.
Job Type: Full-time
Pay: ₦300,000.00 - ₦350,000.00 per month
Ability to commute/relocate:
- Lagos: Reliably commute or planning to relocate before starting work (Required)
Education:
- Undergraduate (Required)
Experience:
- Credit Risk: 3 years (Required)
Location:
- Lagos (Required)
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