Senior Credit Officer
JobMag Limited
Lagos, LA, ng
6d ago
  • The senior credit officer is responsible for the review of the organization’s loan portfolio on a continuing basis in order to prevent or ameliorate loan losses;
  • assure documentation is in compliance with loan committee approvals and ensure internal compliance objectives are met.

    Job Description

  • Oversee the full range of managerial duties for the loan review, compliance, collections and credit analysis functions including adherence to policies and practices of the organization.
  • Implement a system of credit analysis and quality assurance for loans made as required by board directives.
  • Examine files periodically for assurance of credit and collateral documentation, regulatory compliance and loan policy conformance;
  • review technical exceptions and deficiencies.

  • Prepare written analyses on all large loans, aggregate lending vs. indebtedness for individual borrowers, complex loans and weak loans.
  • Identify problem loans, make recommendations for assignment of loans to review loan list that is reviewed quarterly with the board;
  • discuss the status of problem loans with the CFO and senior lending officers and may make recommendations regarding the future credit information needs.

  • Provide quarterly analyses of the adequacy of the allowance for loan and lease losses for board discussion.
  • Prepare periodic board reports.
  • Prepare periodic studies of various portions of the loan portfolio including past due reports, concentrations of credit, etc.
  • for the benefit of supervisory and executive officers.

  • Evaluate and recommend policy changes based on compliance or loan reviews and the dissemination of other pertinent facts.
  • Requirements

  • Bachelor’s degree in a related field.
  • Minimum 3-5 years experience in bank lending, loan review and / or compliance and loan review / compliance procedures and policies.

  • Financial Management.
  • Problem Solving / Analysis.
  • Presentation Skills.
  • Technical Capacity
  • Apply
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