Koins Microfinance Bank Limited is a fully licensed technology and impact-driven microfinance bank that focuses on driving financial inclusion. Loans / Savings/ Investments.
We are recruiting to fill the position below:
Job Position: Credit Analyst
Job Location: Victoria Island, Lagos
Employment Type: Full-time
Job Description / Responsibilities
Financial Statement Analysis:
- Analyze financial statements, credit reports and other relevant data to assess the creditworthiness of SME and privatel loan clients.
- Ascertain the Profitability, Liquidity, and Leverage ratio of the business to determine repayment capacity.
- Recommend eligible loan amounts for approval Credit Risk assessment
- Evaluate credit risk associated withloan request and provide recommendations on credit limits, terms and condition.
- Evaluate economic, socio political and regulatory factors that may affect the continuity or operations of the loan client.
Collateral Recommendation:
- Recommend appropriate collateral mix acceptable by the bank to act as a buffer in the event of loan default
- Ensure assets to be pledged as collateral are adequately valued by the Bank’s accredited valuers.
- Ensure the value of the asset to be pledged as collateral meets the Bank’s stipulated collateral coverage.
Loan Interview:
- Communicate with clients to gather financial information, clarify credit report discrepancies and provide credit decisions.
- Visit the client’s business premises for advanced due diligence depending on the loan amount or threshold set by the bank.
Loan performance Review and Reporting:
- Review the performance of loan portfolio on a monthly basis
- Generate a report to Management showing the collection efficiency rate of SME and private loans processed monthly.
Requirements / Qualifications
- Bachelor's degree/HND preferably in Banking and Finance, Accounting, Business Administration, Economics. (other disciplines can be considered)
- Minimum of 2 years of experience as a creditanalyst.
Method of Application
Interested and qualified candidates should send their CV to: [email protected] using the Job Position as the subject of the email.
