Credit Risk Officer Dawakin Kudu MFB
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Job Summary
CredPal is a leading financial technology company that offers a comprehensive range of financial solutions including credit cards and investment opportunities to empower individuals. Our mission is to revolutionize access to credit and investment enabling individuals to take charge of their financial well-being.
Our Microfinance Bank is committed to delivering responsible financial services while maintaining the highest standards of risk management governance and regulatory compliance.
Job Title: Credit Risk Officer
Job Type: Full Time
Level: Mid Level
Purpose Statement
We are seeking an experienced and highly analytical Credit Risk Officer to oversee the Banks credit risk management framework while supporting internal audit and regulatory compliance activities.
The successful candidate will be responsible for assessing credit risk ensuring compliance with the Banks credit policies and regulatory requirements conducting portfolio reviews supporting internal audits and monitoring operational and compliance risks. The role is critical to maintaining a high-quality loan portfolio and safeguarding the Banks assets.
Conduct comprehensive credit appraisals and risk assessments for loan applications in accordance with the Banks Credit Policy.
Review borrowers financial capacity collateral repayment ability and overall creditworthiness.
Recommend loan approvals modifications or declines based on risk analysis.
Monitor the Banks loan portfolio and identify emerging credit risks.
Track Portfolio at Risk (PAR) Non-Performing Loans (NPLs) and other key credit risk indicators.
Recommend appropriate risk mitigation and recovery strategies.
Conduct periodic reviews of the loan portfolio to ensure ongoing credit quality.
Monitor early warning signals and recommend proactive interventions.
Support recovery activities on delinquent and classified loans.
Ensure timely loan reviews and portfolio performance reporting.
Conduct periodic internal control reviews across branch operations.
Assess compliance with approved operational policies and procedures.
Identify control weaknesses and recommend corrective actions.
Follow up on audit findings to ensure timely resolution.
Prepare audit reports and present findings to Management.
Monitor compliance with CBN Guidelines for Microfinance Banks AML/CFT regulations KYC requirements and internal policies.
Support the preparation of regulatory reports and responses to regulatory examinations.
Ensure credit operations comply with approved policies and delegated authority limits.
Conduct compliance testing across operational and credit activities.
Identify assess monitor and report operational credit and compliance risks.
Maintain the Banks risk register and monitor implementation of mitigation actions.
Recommend improvements to the Banks risk management framework.
Promote a strong risk and compliance culture across the Bank.
Support the review and enhancement of credit risk and operational policies.
Recommend improvements to internal controls and operational procedures.
Assist in implementing risk-based monitoring and audit programs.
Prepare weekly and monthly credit risk reports.
Produce portfolio quality reports audit reports compliance reports and risk dashboards.
Report significant exceptions and policy breaches to Management promptly.
Portfolio at Risk (PAR) Ratio
Non-Performing Loan (NPL) Ratio
Credit Review Turnaround Time
Quality of Credit Appraisal Reports
Number of Internal Audit Reviews Completed
Timely Closure of Audit Findings
Compliance with CBN and Internal Policies
Number of Compliance Exceptions Identified and Resolved
Risk Assessment Timeliness
Regulatory Examination Outcomes
Loan Recovery Performance
Bachelors Degree in Finance Accounting Economics Banking Business Administration or a related field.
Minimum of 4years relevant experience within a Microfinance Bank (MFB) in Credit Risk Internal Audit Risk Management or Compliance.
Strong experience in credit appraisal portfolio management loan monitoring and recovery.
Demonstrated experience conducting internal audits operational reviews and compliance monitoring within a regulated financial institution.
Strong understanding of CBN Guidelines for Microfinance Banks prudential guidelines AML/CFT regulations KYC requirements and risk management frameworks.
Experience preparing audit reports risk assessments and regulatory compliance reports.
Excellent analytical investigative and report-writing skills.
High level of integrity objectivity and professional judgment.
Proficiency in Microsoft Excel and core banking applications.
Relevant professional certifications (e.g. ACA ACCA MCIB CRMP CISA CIA) will be an added advantage.
Must reside in Kano State preferably within or around Dawakin Kudu and its environs.
Opportunity to play a key role in strengthening governance risk management and sustainable growth within a regulated microfinance institution.
Collaborative high-performance environment focused on accountability and operational excellence.
Professional development opportunities within a growing financial institution.
Required Skills:
Minimum of 4years relevant experience within a Microfinance Bank (MFB) in Credit Risk Internal Audit Risk Management or Compliance. Strong experience in credit appraisal portfolio management loan monitoring and recovery. Demonstrated experience conducting internal audits operational reviews and compliance monitoring within a regulated financial institution. Strong understanding of CBN Guidelines for Microfinance Banks prudential guidelines AML/CFT regulations KYC requirements and risk management frameworks. Experience preparing audit reports risk assessments and regulatory compliance reports. Excellent analytical investigative and report-writing skills. High level of integrity objectivity and professional judgment. Proficiency in Microsoft Excel and core banking applications. Relevant professional certifications (e.g. ACA ACCA MCIB CRMP CISA CIA) will be an added advantage. Must reside in Kano State preferably within or around Dawakin Kudu and its environs.
Required Education:
Bachelors Degree in Finance Accounting Economics Banking Business Administration or a related field.
