Pennylender is a credit finance house typically provides a range of financial services, including credit facilities, and We specialize in evaluating credit risk, managing loan portfolios, and offering financial solutions tailored to our clients’ needs. With a focus on assessing creditworthiness and providing access to capital,we play a crucial role in facilitating economic growth and supporting financial stability within the community.
We are recruiting to fill the position below:
Job Title: Credit Officer
Location: Sabo Yaba, Lagos
Employment Type: Full-time
Job Summary
- We are seeking a detail-oriented and proactive Credit Officer to evaluate loan applications, assess creditworthiness, monitor loan performance, and manage customer relationships.
- The ideal candidate will ensure that credit is issued in line with company policy, risk appetite, and regulatory standards, while supporting portfolio growth and asset quality.
Key Responsibilities
- Review and assess credit applications from individuals or businesses.
- Conduct creditworthiness evaluations using financial analysis, collateral reviews, and background checks.
- Work with collections or recovery teams to manage delinquent accounts.
- Ensure compliance with internal credit policies, procedures, and regulatory requirements.
- Provide support and education to clients on credit terms and obligations.
- Prepare and submit periodic reports on loan performance and credit quality.
- Identify risks and propose mitigating measures where necessary.
- Recommend loan approvals or rejections in line with risk guidelines.
- Monitor and follow up on approved loans to ensure timely repayment.
- Maintain proper documentation and update customer records on the credit management system.
Requirements
- Bachelor’s Degree / HND / OND in Finance, Accounting, Economics, Business, or a related field.
- Strong interpersonal and communication skills.
- Attention to detail and ability to make objective, data-driven decisions.
- Proficiency in Microsoft Office and credit analysis tools.
- 2 – 3 years of experience in credit analysis, lending, or financial services.
- Strong understanding of credit risk assessment and loan processing procedures.
- Good knowledge of credit-related regulations and compliance standards.
Preferred Qualifications:
- Experience in microfinance, SME lending, or retail credit.
- Certification in Credit Risk Management or related fields is a plus.
- Familiarity with loan tracking or banking software.
What We Offer
- Competitive salary and benefits
- Professional development and training opportunities
- A collaborative and supportive team environment
- Growth potential in a performance-driven organization.
How to Apply
Interested and qualified candidates should send their CV and cover letter to: [email protected] using “Application for Credit Officer” as the subject of the mail
Application Deadline 30th July, 2025.