Risk Management Officer - Lagos, Nigeria - IBILE Microfinance Bank Limited

Description

Job Objective

• To ensure that all staff, particularly operations staff diligently comply with the operational risk guidelines, policies, and procedures to mitigate the bank's risk exposure.
• This is largely achieved as they coordinate the activities of the regional monitoring teams.

Job Description

• Evaluate customers' loan applications in line with the bank's credit policy.
• Identify critical risks in credit requests and provide advice on how requests canbe restructured in line with the bank's risk appetite.
• Has relevant experience in analyzing consumer and SME loans.
• Organization of credit committee.
• Portfolio management & reporting.
• Create innovative credit evaluation processes and systems.
• Evaluate clients for creditworthiness based on our internal risk models & their application information.
• Weed out fraudulent applications, and unreliable applicants.
• Check Facility Letters and Loan Agreements and scrutinize the signed documents to ensure the correctness of the contracts.
• Continuously ensure alignment/compliance with the credit risk management framework.
• Continuously analyze and recommend improvement on credit risk management framework, processes, and systems.