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.