Credit Officer – Loan & Asset Financing at DAG Industries Nigeria Limited – Apply Now

Job Summary

• We are seeking an experienced and detail-oriented Credit Officer with a strong background in loan and asset financing to join our team..

Key Responsibilities

• Evaluate loan and asset financing applications submitted by individuals, SMEs, and corporate clients.
• Conduct comprehensive credit analysis, including assessment of financial statements, bank statements, cash flow, repayment capacity, and credit history.
• Assess the value, ownership, and suitability of assets being financed or pledged as collateral.
• Verify customer documentation and ensure compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) requirements.
• Prepare detailed credit appraisal reports and recommend approval, decline, or modification of credit facilities.
• Structure loan facilities in line with company policies and customers’ repayment capacity.
• Liaise with sales, operations, legal, and recovery teams throughout the loan lifecycle.
• Monitor the performance of the loan portfolio and identify early warning signs of potential defaults.
• Conduct periodic reviews of existing credit facilities and recommend restructuring where necessary.
• Ensure proper perfection of security documentation and collateral registration.
• Maintain accurate credit files and documentation for audit and regulatory purposes.
• Support disbursement processes by confirming that all pre-disbursement conditions have been fulfilled.
• Monitor compliance with internal credit policies, regulatory guidelines, and industry best practices.
• Prepare periodic portfolio reports, risk analysis reports, and management information reports.
• Work closely with the recovery team to manage delinquent accounts and minimize non-performing loans.

Requirements
Education:

• Bachelor’s Degree in Finance, Accounting, Economics, Banking, Business Administration, or a related discipline.

Experience:

• 3–6 years of proven experience in credit analysis, loan underwriting, or asset financing.
• Experience in financial institutions, fintech companies, microfinance banks, commercial banks, leasing companies, or auto finance companies is highly preferred.
• Demonstrated experience in financing assets such as:
  • Motor vehicles
  • Commercial vehicles
  • Equipment and machinery
  • Generators
  • Agricultural equipment
  • Construction equipment
  • Other movable assets

Required Skills & Competencies:

• Strong credit appraisal and financial analysis skills.
• Sound understanding of loan underwriting principles.
• Knowledge of asset financing and collateral management.
• Ability to interpret financial statements and cash flow reports.
• Strong risk assessment and decision-making abilities.
• Excellent analytical and problem-solving skills.
• High level of integrity and confidentiality.
• Strong negotiation and relationship management skills.
• Excellent written and verbal communication skills.
• Proficiency in Microsoft Excel and other Microsoft Office applications.
• Familiarity with credit scoring systems, loan management software, and credit bureau reports.
• Ability to work under pressure and meet strict turnaround times.

Preferred Industry Experience:
Candidates with prior experience in any of the following industries will have an added advantage:

• Auto Financing
• FinTech
• Commercial Banking
• Microfinance Banking
• Asset Finance
• Leasing
• Consumer Lending
• Equipment Finance
• Vehicle Financing
• Manufacturing Finance

Personal Attributes:

• Ethical and trustworthy.
• Detail-oriented with excellent organizational skills.
• Strong analytical mindset.
• Results-driven and proactive.
• Excellent interpersonal skills.
• Ability to manage multiple priorities simultaneously.
• Strong sense of accountability and ownership.