Fundsworth Finance Company Limited is a Finance Company licensed and regulated by the Central Bank of Nigeria. The company is expanding its service offerings across more sectors of the economy, having carved a niche for itself in MSME financing.
We are recruiting to fill the position below:
Job Title: Risk Assets Management Officer / Manager
Location: Lagos
Employment Type: Full-time
Job Summary
- The Risk Assets Management Officer / Manager will be responsible for managing and mitigating credit risk, overseeing the credit portfolio, and ensuring compliance with regulatory requirements.
- The ideal candidate must have a strong understanding of credit risk management, loan administration, and regulatory compliance.
Key Responsibilities
- Manage and mitigate credit risk across the portfolio
- Oversee loan administration, including loan disbursement, repayment, and recovery
- Conduct regular portfolio reviews and risk assessments
- Develop and implement credit risk management strategies and policies
- Ensure compliance with regulatory requirements and internal policies
- Collaborate with cross-functional teams, including sales, accounts, and treasury operations
- Analyze and report on credit risk metrics and trends
KPIs
- Portfolio quality: Maintain a portfolio with low levels of delinquency and default
- Risk management: Identify and mitigate potential credit risks, and maintain a low risk profile
- Loan recovery: Achieve high recovery rates for delinquent loans
- Compliance: Ensure compliance with regulatory requirements and internal policies
- Portfolio growth: Manage portfolio growth and ensure alignment with business objectives
- Reporting: Provide timely and accurate risk reporting to management
Performance Metrics:
- Non-performing loan (NPL) ratio
- Loan loss provision coverage ratio
- Loan recovery rate
- Risk-adjusted return on assets
- Compliance audit scores.
Requirements
- Graduate of Business / Finance
- Must have 2-7 years hands-on in Credit Administration/Loan Recovery
- Must have good knowledge of Credit Underwriting, Administration and Loan Structuring/ Restructuring and management of delinquent loans
Skills and Competencies:
- Excellent credit analysis/appraisal skills
- Strong understanding of credit risk management and loan administration
- Excellent credit analysis/appraisal skills
- Good knowledge of regulatory requirements and industry best practices
- Ability to work in a fast-paced environment and prioritize tasks effectively
- Strong communication and interpersonal skills.
Application Closing Date
Not Specified.
How to Apply
Interested and qualified candidates should send their application, including their CV to: fundsworthrecruits@gmail.com using the job title as the subject of the mail.