Credit Administrator
2 months ago
Job Summary
- The Credit Administrator will be responsible for overseeing the credit approval process, maintaining credit files, and ensuring compliance with the Bank's credit policies. This role involves working closely with the Credit analyst, relationship officers, and other team members to facilitate credit decisions and manage credit risks.
Key Responsibilities
Credit Analysis:
- Assist in conducting credit analysis and evaluations to assess the creditworthiness of customers.
- Prepare reports on credit analysis and make recommendations to the Credit Manager
Monitoring Loan Performance:
- Track and monitor loan repayments to ensure timely collections.
- Identify early warning signs of potential defaults or delinquencies.
Customer Account Management:
- Maintain regular communication with borrowers to address any issues related to repayments.
- Update customer records with any changes to contact information, repayment terms, or other relevant data.
Covenant Compliance Checks:
- Ensure that borrowers adhere to the loan covenants and conditions stipulated in the loan agreement.
- Review financial statements and other documents periodically to verify compliance.
Collateral Monitoring:
- Regularly review and verify the condition and value of collateral pledged against loans.
- Ensure that collateral documentation remains valid and is renewed as necessary e.g., insurance policies.
Loan Restructuring and Rescheduling:
- Evaluate requests for loan restructuring or rescheduling due to financial difficulties faced by the borrower.
- Work with the credit team to develop alternative repayment plans that minimize risk to the Bank.
Repayment Reconciliation:
- Reconcile loan repayments with customer accounts to ensure accuracy.
- Address any discrepancies between the Bank’s records and the borrower’s payment records.
Delinquency Management:
- Identify overdue accounts and take appropriate action, such as sending reminders or notices.
- Engage in early intervention strategies to work with borrowers who are experiencing financial difficulties.
Non-Performing Loan NPL Management:
- Classify and manage non-performing loans in line with regulatory guidelines.
- Work with the recovery team to initiate recovery actions, including legal proceedings if necessary.
Documentation Management:
- Ensure all loan-related documentation, including disbursement records, collateral details, and correspondence, are properly filed and maintained.
- Regularly audit files to ensure compliance with regulatory and internal standards.
Reporting:
- Generate and review post-disbursement reports, including loan performance, delinquency, and risk exposure.
- Provide regular updates to management on the status of the loan portfolio.
Qualifications
- Bachelor's Degree in Finance, Accounting, Business Administration, or a related field.
- Minimum of 2-3 years of experience in a credit administration role.
- Strong understanding of credit risk management and regulatory requirements.
- Excellent analytical skills with attention to detail.
- Proficiency in credit management software and Microsoft Office Suite Excel, Word, PowerPoint.
- Strong communication and interpersonal skills.
- Ability to work independently and as part of a team.
Key Competencies:
- Analytical Thinking
- Attention to Detail
- Problem-Solving Skills
- Customer Service Orientation
- Time Management
- Integrity and Confidentiality.
-
Credit Administrator
2 months ago
Abuja, FCT, Nigeria E-Barcs Microfinance Bank Limited Full timeJob SummaryThe Credit Administrator will be responsible for overseeing the credit approval process, maintaining credit files, and ensuring compliance with the Bank's credit policies. This role involves working closely with the Credit analyst, relationship officers, and other team members to facilitate credit decisions and manage credit risks.Key...
-
Government and Corporate Liaison Officer
4 weeks ago
Abuja, FCT, Nigeria National Institute of Credit Administration Full timeGovernment and Corporate Liaison OfficerJoin our team at the National Institute of Credit Administration (NICA) as a highly skilled and experienced Government and Corporate Liaison Officer. This role is a key position that requires building and maintaining credible relationships between our organization and external partners, fostering collaboration, and...
-
Government and Corporate Liaison Officer
3 weeks ago
Abuja, FCT, Nigeria National Institute of Credit Administration Full timeJob Summary:We are seeking a highly skilled and experienced Government and Corporate Liaison Officer to build and maintain credible relationships between the National Institute of Credit Administration NICA government Ministries, Departments, and Agencies MDAs, Institutions, corporate partners, high fly business organizations, and stakeholders. The...
-
Government and Corporate Liaison Officer
1 month ago
Abuja, Nigeria National Institute of Credit Administration Full timeJob Summary:We are seeking a highly skilled and experienced Government and Corporate Liaison Officer to build and maintain credible relationships between the National Institute of Credit Administration NICA government Ministries, Departments, and Agencies MDAs, Institutions, corporate partners, high fly business organizations, and stakeholders. The...
-
Business Development and Relationship Manager
2 months ago
Abuja, Nigeria Human Capital Partners HCP Full timeJob SummaryThe role will be responsible for developing and implementing strategies to ensure onboarding of new PFIs Fin-techs and maintaining excellent day-to-day relationships with existing PFIs Fin-techs to achieve organizational goals.The principal objective of the role is client relationship management, business development, client acquisition, industry...
-
Business Development and Relationship Manager
2 months ago
Abuja, FCT, Nigeria Human Capital Partners HCP Full timeJob SummaryThe role will be responsible for developing and implementing strategies to ensure onboarding of new PFIs Fin-techs and maintaining excellent day-to-day relationships with existing PFIs Fin-techs to achieve organizational goals.The principal objective of the role is client relationship management, business development, client acquisition, industry...
-
Commercial Sales Officer
1 month ago
Lagos , Abuja, Nigeria Greenbond Finance Company Limited Full timeResponsibilitiesProspect and acquire new SMEs and corporate accounts.Interviews applicants and analyzes applicant financial status, credit, and collateral evaluation to determine the feasibility of granting credit.Cross-sells company's products to clients & prospects to meet individual CRO goals, specifically including depository & fee goals.Achieve set...
-
Commercial Sales Officer
1 month ago
Lagos , Abuja, Nigeria Greenbond Finance Company Limited Full timeResponsibilitiesProspect and acquire new SMEs and corporate accounts.Interviews applicants and analyzes applicant financial status, credit, and collateral evaluation to determine the feasibility of granting credit.Cross-sells company’s products to clients & prospects to meet individual CRO goals, specifically including depository & fee goals.Achieve set...
-
Relationship Manager
1 month ago
Lagos , Abuja , Rivers, Nigeria Westfield Consulting Full timePurpose / Job DimensionThe job holder will originate and manage relationships with corporate clients so as to ensure optimum customer acquisition, retention and income generation from sales of all appropriate Assets, Liability and Cash management products of the bank. To generate pools for the bank through corporate sales leading to fee based income &...
-
Relationship Manager
1 month ago
Lagos , Abuja , Rivers, Nigeria Westfield Consulting Full timePurpose / Job DimensionThe job holder will originate and manage relationships with corporate clients so as to ensure optimum customer acquisition, retention and income generation from sales of all appropriate Assets, Liability and Cash management products of the bank. To generate pools for the bank through corporate sales leading to fee based income &...
-
Business Development Manager
1 month ago
Abuja, FCT, Nigeria IpNX Nigeria Limited Full timeJob SummaryThe Business Development Manager will maintain and grow the business and client base on an ongoing and project basis, will create and maintain relationships with existing and potential clients, develop strategic solutions and plans that best fit the business needs within the Lagos Island.Build and maintain productive business relationships with...
-
Business Development Manager
1 month ago
Abuja, Nigeria IpNX Nigeria Limited Full timeJob SummaryThe Business Development Manager will maintain and grow the business and client base on an ongoing and project basis, will create and maintain relationships with existing and potential clients, develop strategic solutions and plans that best fit the business needs within the Lagos Island.Build and maintain productive business relationships with...
-
Sales & Marketing Officers (Senior & Junior)
3 weeks ago
Abuja, FCT, Nigeria Rimdinado International Ltd Full timeJob BriefYou will be responsible for the planning and implementation of the Company's marketing, sales and product development, customer relations, and branding.In addition, you will develop appropriate strategies aimed at enhancing the business operations and ensuring that all aspects of the business functional areas are fully integrated to deliver on the...
-
Sales & Marketing Officers (Senior & Junior)
3 weeks ago
Abuja, Nigeria Rimdinado International Ltd Full timeJob BriefYou will be responsible for the planning and implementation of the Company’s marketing, sales and product development, customer relations, and branding.In addition, you will develop appropriate strategies aimed at enhancing the business operations and ensuring that all aspects of the business functional areas are fully integrated to deliver on the...