Credit Analyst

Credit Analyst

Location: Victoria Island, Lagos
Salary: 200,000 - 250,000 
Experience: 3 - 5 Years
Industry: Financial Services

Position Overview:

We are seeking a qualified and results-driven Credit Analyst to join our team. This role is critical to assessing the creditworthiness of prospective borrowers, supporting responsible lending decisions, and maintaining a high-performing loan portfolio. The ideal candidate will possess strong analytical skills, a good understanding of SME lending in Nigeria, and a passion for contributing to inclusive finance.

Key Responsibilities:

1. Credit Assessment & Analysis

• Conduct detailed credit analyses including financial statement reviews and cash flow forecasting.
  
  

• Evaluate loan proposals and determine creditworthiness based on financial and non-financial indicators.
  
  

• Review supporting documents such as bank statements, invoices, and business plans.
  
  

2. Risk Evaluation & Monitoring

• Identify credit risks and propose appropriate mitigants.
  
  

• Maintain and update internal risk grading models and risk assessment frameworks.
  
  

• Monitor active loans to detect early warning signs and manage delinquencies proactively.
  
  

3. Portfolio Management

• Track and report on the performance of various credit products (e.g., SME loans, vendor financing schemes).
  
  

• Recommend restructuring strategies when necessary to ensure portfolio health.
  
  

• Contribute to regular reports for management and regulatory purposes.
  
  

4. Documentation & Compliance

• Ensure loan files are complete and meet both internal and regulatory requirements.
  
  

• Collaborate with legal and compliance teams to uphold KYC, AML, and credit policy standards.
  
  

• Stay updated with relevant industry regulations and best practices.
  
  

Key Performance Indicators (KPIs):

• Turnaround Time for Credit Decisions: 5 working days
  
  

• Non-Performing Loan (NPL) Ratio: 5%
  
  

• Credit Report Timeliness & Accuracy: 100% on schedule
  
  

• Compliance Adherence: 100% with CBN and internal policies
  
  

• Stakeholder Satisfaction: 90% in internal surveys
  
  

• Contribution to Credit Policy Development: 1 per quarter
  
  

• Support for Impact Goals: 70% of loans aligned with priority segments (women, youth, underserved)
  
  

Qualifications & Requirements:

• Bachelors degree in Finance, Economics, Business Administration, or a related field.
  
  

• 3 - 5 years of experience in credit analysis, preferably within a financial institution or impact fund.
  
  

• Strong understanding of financial statements, cash flow modeling, and credit risk assessment.
  
  

• Proficiency in Microsoft Excel and credit scoring tools.
  
  

• Familiarity with the Nigerian SME lending environment.
  
  

Competencies:

• Strong analytical and problem-solving skills
  
  

• Excellent communication and report writing abilities
  
  

• High level of integrity, professionalism, and attention to detail
  
  

• Ability to manage multiple tasks and deadlines in a fast-paced environment
  
  

• Team player with a proactive and strategic approach
  
  

To Apply:
Interested candidates should send their CV and a cover letter highlighting relevant experience to [email protected] Only qualified candidates will be contacted.