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 Risk Officer
Location: Yaba – Sabo, Lagos
Employment Type: Full-time
Job Summary
- As a Risk Officer, you will be responsible for identifying, assessing, and mitigating risks associated with our lending activities.
- You will play a key role in safeguarding the company’s loan portfolio, ensuring compliance with internal policies and regulatory requirements, and promoting a risk-aware culture.
Key Responsibilities
- Conduct risk assessments on loan applications and recommend approvals or rejections based on creditworthiness.
- Monitor the loan portfolio to detect early warning signs of default or exposure.
- Develop and implement risk control frameworks, credit policies, and internal procedures.
- Analyze borrower behavior, repayment trends, and high-risk segments to guide credit strategies.
- Collaborate with recovery and collections teams to assess and manage delinquent accounts.
- Liaise with sales and field agents to ensure adherence to credit risk standards.
- Maintain accurate records and prepare regular risk reports for management.
- Lead or participate in risk training programs for internal teams.
- Promote a culture of compliance, accountability, and responsible lending practices.
- Investigate and prevent fraud by validating borrower documentation and transactions.
- Ensure full compliance with regulatory requirements, including KYC, AML, and credit bureau reporting.
Requirements & Qualifications
- Bachelor’s degree in Finance, Risk Management, Accounting, Economics, or a related field.
- 3+ years of experience in a credit risk or lending operations role, preferably in microfinance, fintech, or banking.
- Proficiency in Excel and reporting tools; experience with loan management software is a plus.
- Excellent communication and interpersonal skills.
- Certification in Risk Management or Credit Analysis (e.g., CRM, FRM) is an advantage.
- Sound understanding of credit analysis, risk controls, and regulatory compliance.
- Strong analytical, investigative, and decision-making skills.
What We Offer
- N200,000 – N250,000 per month.
- Health benefits and transport allowance
- Professional growth and training opportunities
- A collaborative, innovative work culture.
How to Apply
Interested and qualified candidates should send their CV and a short Cover Letter to: [email protected] using the Job Title as the subject of the mail
Application Deadline 24th August, 2025.