Credit & Risk Officer job at MKOBO BANK

Deadline: Expired

Location

Lagos, Nigeria

Must have skills

Critical thinking & solution oriented Good Analytical skill Proficient English Skills in writing and speaking Impact analysis and measurement Debit repayment proficient with MS Office

Qualifications

WHAT WE ARE LOOKING OUT FOR:

Minimum of HND or Degree in Finance, Accounting, Economics, Business Administration etc. from a reputable University or Polytechnic.
Minimum of 3-4 years working experience in Credit, Loan and Asset Recovery activities.
Hands-on experience working in a Microfinance and/or FINTECH space
Strong planning, organizational and time management abilities
Experience in database Management.
Experience is recovery.
Post graduate degree or MCIB is an added advantage
Minimum of two (2) years’ experience in a similar role at a MFB or Financial institution
Awareness of emerging and innovative credit risk assessment specifically social scoring, alternative credit scoring and big data analytics tools.

Job Responsibilities

Work with Unit Head in Planning, designing implementing & managing the overall risk management process for the bank by developing the risk management framework, policies, processes, procedures and reporting standards that define the bank’s risk strategy and appetite in line with its overall business objectives
Monitor the business development for emerging risks and recommend policies and procedures to improve the risk management process
Developing methods to generate a robust system to identify, monitor, manage and control credit, market and operational risks.
Facilitate the identification, assessment, measurement, monitoring, controlling and reporting the level of risk.
Work with Unit Head to provide support, education and training to staff in order to create and increase risk awareness
Ensures proper documentation of credits by adhering to set documentation standards and procedures
Ensure the approved credit framework and recommend credit approval limits in line with banks’ policy is adhered
Analysis and appraisal of Individual credit requests in accordance with approved policies and procedures to ensure that credit exposures are created subject to stipulated guidelines
Conduct periodic stress tests and scenario analysis, assessing the impact to the Bank’s credit portfolio and make appropriate recommendations to senior management for appropriate action
Review and analyse the delinquent portfolio to identify key causal factors, make recommendations and track them to ensure adequate and timely closure
Responsible for loan recovery, such as negotiating work out plans and strategies for delinquent customers and provide additional support with respect to exposures requiring collection agencies or legal action
Monitor violations of credit policies, provide analysis, conclusion and recommendations, present findings to senior management and suggest actions/penalties to be taken when appropriate
Prepare timely, comprehensive and reliable credit risk reports to senior management and board on a regular basis
Carry out any other task as required from time to time.
Monitor NPL and ensure proper follow-up.
Review and track department risk exposure and make recommendations

Job role

About Mkobo

Mkobo is currently pivoting to a full service digital bank/Neobank. Our goal is to help hard working Africans to grow their wealth by making it easy for them to earn, save, spend and invest their hard earned money. We are currently recruiting for dynamic, creative, flexible and experienced team members with a passion for everything technology and a commitment to add their quota to the success of our vision.

The Primary Purpose Of This Position Centres On Ensuring The Bank’s Operations Are Properly Designed, Documented And Managed. The Positions Covers