Job Summary

• We are looking for a detail-oriented and analytical Credit Risk Officer to manage the credit assessment and underwriting process for all loan applications received by the company.
• The successful candidate will be responsible for evaluating borrowers’ creditworthiness, assessing repayment capacity, identifying potential risks and making informed lending recommendations to ensure the company maintains a healthy loan portfolio.
• The ideal candidate must have hands-on experience in loan underwriting, credit analysis and risk assessment within a lending or financial services institution.

Key Responsibilities

• Review and assess loan applications across all the company’s loan products.
• Conduct detailed creditworthiness assessments of individual and business borrowers.
• Analyse financial statements, bank statements, income records and other relevant financial documents.
• Evaluate borrowers’ repayment capacity, credit history and existing financial obligations.
• Conduct background checks, credit bureau checks and other necessary verification exercises.
• Identify potential credit risks and recommend appropriate risk mitigation measures.
• Prepare credit assessment reports and make recommendations for loan approval, rejection or restructuring.
• Ensure all loan applications meet the company’s credit policies and underwriting standards.
• Recommend appropriate loan amounts, interest rates, repayment structures and tenures based on risk assessments and applicable lending policies.
• Work closely with the Business Sales and Collections teams to ensure effective loan processing and portfolio management.
• Monitor the performance of approved loans and identify emerging credit risks.
• Maintain accurate credit records and ensure proper documentation of all underwriting decisions.
• Provide recommendations for improving the company’s credit policies and risk management framework.

Requirements and Qualifications

• 2-3 years’ experience in credit risk, loan underwriting or credit analysis within a lending institution, microfinance bank or commercial bank.
• Proven experience assessing and underwriting personal, SME or business loans.
• Strong understanding of credit analysis, loan structuring and risk assessment.
• Ability to analyse financial statements, bank statements and other financial records.
• Familiarity with credit bureau checks and loan management systems.
• Strong analytical, numerical and problem-solving skills.
• High attention to detail and sound professional judgement.
• Good knowledge of lending regulations and credit risk management practices.
• A degree in Finance, Accounting, Economics, Banking or a related field is an advantage