Credit Risk Control & Analytics Officer

Optimus Bank is a digital-driven financial service platform built with a bold ambition of offering optimum banking experiences to millions of customers globally.

We are recruiting to fill the position below:

 

Job Title: Credit Risk Control & Analytics Officer

Location: Lagos
Job type: Full-time

Responsibilities

  • Daily review and recommendation of all credit facilities and credit product products.
  • Ensure compliance with the Bank Credit Risk Policy Guide and documentation facility approval memorandum in the analysis of credit requests.
  • Carry out the spreading, analysis and interpretation of financial statements.
  • Quantitative and qualitative assessment to identify and quantify the financial and business risks of customers.
  • Assign credit ratings to all customers by using internally developed and approved rating methodologies and models.
  • Monitoring and management of credit portfolio to ensure the achievement of high-quality loan book with NPL less than 1%.
  • Prepare risk management presentations for senior management that include analytics on expected portfolio performance and areas of potential risk and/or opportunity
  • Continuously ensure alignment/compliance to the credit risk management framework.
  • Continuously analyze and recommend improvement on credit risk management framework, processes and systems.
  • Regular stress testing of the Bank’s balance sheet and preparation of Internal Capital Adequacy Assessment Process (ICAAP).
  • Assessment or understanding of the operating environment (i.e. country, industry, regulatory and legal risk) and how it impacts the risk profile of the Bank credit portfolio.
  • Evaluate customers’ loan applications in line with the bank’s credit risk policy guide.
  • Independent review and assessment of the credit and financial profiles of the bank’s target market across industry segments, including financial institutions.
  • Understand applicable credit policies, industry regulations and the requisite impact of those governance items on prospective new partners or product initiatives.
  • Preparation of regulatory reports.

Requirements
Education Qualification:

  • A Bachelor of either Finance, Business Administration, Economics, or any related field.

Experience:

  • A minimum of 6 years of experience in Credit Risk Control and Analysis.
  • General Knowledge and Skills
  • Good understanding and knowledge of the different industries
  • Credit risk and loan assessment
  • Good knowledge of MS Office and Finacle Banking Software.
  • Good knowledge, analysis and interpretation of financial Statement.
  • Ability to motivate colleagues to meet set targets and goals.
  • Knowledge and understanding of legal issues relating to security, relevant legislation or regulatory requirements, including IFRS 9, Basle II and III.
  • Knowledge and understanding of financial statements.
  • A good understanding of credit ratings, portfolio management and credit pricing.
  • Good understanding and knowledge of the Prudential Guidelines.

 

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