Credit Manager

Location: Ikeja, Lagos
Employment Type: Full-time

Description

• Credit Manager responsibilities include creating credit scoring models, setting loan terms and determining interest rates.
• We are looking for a Credit Manager to oversee our company’s lending process, from evaluating clients’ creditworthiness to approving or rejecting loan requests.

Responsibilities

• Develop, review and update our company’s credit policies
• Negotiate loan terms with clients
• Approve or reject loan requests, based on credibility and potential revenues and losses
• Research and evaluate clients’ creditworthiness
• Ensure all lending procedures comply with regulations
• Follow up with clients to manage debt settlements and loan renewals
• Maintain records of loan applications
• Calculate and set interest rates
• Monitor payments
• Create credit scoring models to predict risks

Requirements and skills

• Proven work experience as a Credit Manager, Credit Analyst or similar role
• Negotiation skills.
• Excellent analytical skills, with the ability to create and process financial spreadsheets (e.g. in Excel)
• Previous banking experience is a plus.
• A Degree in Accounting or Finance along with experience processing loan applications.
• Solid understanding of lending procedures
• Hands-on experience with accounting software