Credit Risk Officer at Pennylender
Job Description
A financial services firm in Lagos is hiring a Credit Risk Officer to help assess, control, and mitigate risks within its lending operations. The ideal candidate will support credit-related decisions by evaluating applications, monitoring loan performance, and maintaining compliance with regulatory standards. This role also involves working cross-functionally with recovery teams, sales units, and compliance officers.
Key Responsibilities
- Review loan applications and assess borrower creditworthiness
- Monitor portfolio performance and identify early signs of default
- Recommend risk control strategies and update internal credit policies
- Collaborate with collections teams to manage and recover delinquent accounts
- Conduct fraud checks and verify borrower documentation
- Prepare and present risk assessment reports to management
Requirements
- A bachelor’s degree in Finance, Economics, Accounting, Risk Management, or a related field
- At least 3 years of experience in credit risk, lending operations, or related roles in fintech, banking, or microfinance
- Proficiency in Microsoft Excel and reporting tools; knowledge of loan management software is an advantage
- Certification in Risk Management or Credit Analysis (e.g., CRM, FRM) is an added benefit
- Strong analytical and decision-making skills with an understanding of KYC, AML, and compliance procedures
Benefits
- Competitive monthly salary of N200,000 – N250,000
- Health coverage and transport allowance
- Training and career development opportunities
- Supportive and growth-focused work environment
How to Apply
Qualified candidates should send their CV and a brief cover letter to: career@pennylender.com using Credit Risk Officer as the subject of the email.
Application Deadline: 24th August, 2025
