About the Role
Boctrust Microfinance Bank is a trusted financial institution licensed by the Central Bank of Nigeria to deliver robust economic support to the working class, lower-middle class, and economically active poor. We are currently looking for a dynamic and analytical Senior Credit Analyst to join our growing team in Lagos, Nigeria.
Key Responsibilities- Evaluate and process complex payroll loan applications in accordance with internal credit policies and Central Bank of Nigeria regulatory standards.
- Analyze financial information, bank statements, employment verification, and credit bureau reports like CRC and FirstCentral to determine borrower creditworthiness.
- Identify potential risk drivers in payroll lending portfolios, monitor portfolio performance, and assist with early-stage delinquency detection.
- Review and refine credit scoring models and loan approval workflows to improve turnaround times without compromising risk management standards.
- Prepare detailed credit evaluation reports, present loan recommendations to the Credit Committee, and mentor junior credit analysts.
- Bachelor degree in Banking and Finance, Economics, Accounting, Statistics, or a related field.
- Minimum of 3 to 5 years of proven experience in credit analysis and underwriting within a Nigerian microfinance bank, fintech, or finance company.
- Demonstrated expertise in underwriting payroll-backed and salary loans using platforms like Remita, IPPIS, and automated payroll deduction systems.
- Strong proficiency in credit scoring tools, loan management systems, and advanced Microsoft Excel for financial modeling and portfolio reporting.
- Competitive salary package with performance-based incentives.
- Comprehensive health insurance coverage for employees and dependents.
- Opportunities for professional development, continuous learning, and rapid career progression.
- A collaborative, innovative, and dynamic work environment in the Nigerian financial sector.