Credit Officer at Assurance Micro-Credit Enterprise

Assurance Micro-Credit Enterprise

  • Accra
  • Permanent
  • Full-time
  • 2 months ago
Assurance Micro-Credit Enterprise is looking for a results-driven and analytical Credit Officer to join our team. If you have a sharp eye for financial risk and a passion for portfolio management, we want to hear from you.The Role
As a Credit Officer, you will manage the full credit cycle—from assessing new loan applications to overseeing the recovery of funds. Your goal is to grow a healthy loan portfolio while minimizing institutional risk.Key Responsibilities
1. Credit Assessment & Approval● Review loan applications for accuracy and compliance with internal policies.● Analyze financial statements and business plans to determine borrower creditworthiness.● Recommend loan approvals or declines based on risk appetite.● Structure loan terms and pricing to effectively mitigate risks.2. Portfolio & Risk Management● Monitor existing loans to ensure healthy asset quality and timely repayments.● Identify and assess credit risks, enforcing lending caps and limits.● Prepare reports on key metrics (delinquency rates, loan aging, and NPLs).● Ensure compliance with regulatory requirements and capital adequacy standards.3. Recovery & Collections● Implement effective strategies to minimize exposure to bad debts.● Manage delinquent accounts and communicate with borrowers to prevent default.● Oversee legal and administrative processes for loan recovery when necessary.4. Stakeholder Engagement● Build relationships with clients, auditors, and regulators.● Provide strategic insights to management regarding portfolio growth and new products.Key Performance Indicators (KPIs)
● Successful loan portfolio growth and performance.● Maintenance of low delinquency and non-performing loan (NPL) ratios.● Timely and accurate loan disbursements and recoveries.● Full compliance with internal and regulatory reporting.Qualifications & Requirements
● Education: Minimum of a Diploma, HND, or Degree in a relevant field.● Skills: Strong financial analysis, communication, and relationship management skills.● Experience: Experience in lending, debt recovery, or banking is an advantage.Compensation
● Base Salary: 1,000● Commission: 0.7% commission on both disbursements and collections.

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