Fundsworth Finance Company Limited is a Finance Company licensed and regulated by the Central Bank of Nigeria. The company is expanding its service offerings across more sectors of the economy, having carved a niche for itself in MSME financing.

We are recruiting to fill the position below:

Job Title: Risk Assets Management Officer / Manager
Location: Lagos
Employment Type: Full-time


Job Summary

The Risk Assets Management Officer / Manager will be responsible for managing and mitigating credit risk, overseeing the credit portfolio, and ensuring compliance with regulatory requirements.
The ideal candidate must have a strong understanding of credit risk management, loan administration, and regulatory compliance.


Key Responsibilities

Manage and mitigate credit risk across the portfolio
Oversee loan administration, including loan disbursement, repayment, and recovery
Conduct regular portfolio reviews and risk assessments
Develop and implement credit risk management strategies and policies
Ensure compliance with regulatory requirements and internal policies
Collaborate with cross-functional teams, including sales, accounts, and treasury operations
Analyze and report on credit risk metrics and trends


KPIs

* Portfolio quality: Maintain a portfolio with low levels of delinquency and default
* Risk management: Identify and mitigate potential credit risks, and maintain a low risk profile
* Loan recovery: Achieve high recovery rates for delinquent loans
* Compliance: Ensure compliance with regulatory requirements and internal policies
* Portfolio growth: Manage portfolio growth and ensure alignment with business objectives
* Reporting: Provide timely and accurate risk reporting to management


Performance Metrics:

* Non-performing loan (NPL) ratio
* Loan loss provision coverage ratio
* Loan recovery rate
* Risk-adjusted return on assets
* Compliance audit scores.


Requirements

* Graduate of Business / Finance
* Must have 2-7 years hands-on in Credit Administration/Loan Recovery
* Must have good knowledge of Credit Underwriting, Administration and Loan Structuring/ Restructuring and management of delinquent loans


Skills and Competencies:

* Excellent credit analysis/appraisal skills
* Strong understanding of credit risk management and loan administration
* Excellent credit analysis/appraisal skills
* Good knowledge of regulatory requirements and industry best practices
* Ability to work in a fast-paced environment and prioritize tasks effectively
* Strong communication and interpersonal skills.


Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should send their application, including their CV to: fundsworthrecruits@gmail.com using the job title as the subject of the mail.