Credit Risk Officer at Pennylender

Pennylender is a reputable credit finance company based in Lagos. We provide a wide range of financial services, including credit facilities and tailored financial solutions that meet the needs of our clients. Our focus is on evaluating credit risk, managing loan portfolios, and ensuring access to capital for individuals and businesses. We play a vital role in driving economic growth and promoting financial stability within our community.

Job Details

Job Title: Credit Risk Officer
Location: Yaba (Sabo), Lagos
Employment Type: Full-time
Work Mode: Onsite

Role Overview

We are seeking a dedicated Credit Risk Officer to join our team. The ideal candidate will be responsible for identifying, assessing, and managing risks linked to our lending activities. This role involves protecting the company’s loan portfolio, ensuring compliance with internal and external regulations, and fostering a culture of responsible lending.

Key Responsibilities

• Conduct thorough risk assessments on loan applications and make recommendations based on creditworthiness.
• Monitor the loan portfolio to identify potential defaults and financial exposures.
• Develop and enforce credit policies, risk control frameworks, and internal procedures.
• Analyze borrower behavior and repayment patterns to guide lending strategies.
• Validate borrower documentation to prevent fraud and ensure transaction integrity.
• Ensure full compliance with KYC, AML, and other regulatory requirements.
• Work closely with the recovery and collections teams to manage delinquent accounts.
• Collaborate with sales and field agents to uphold credit risk standards.
• Maintain up-to-date records and prepare regular risk management reports.
• Participate in internal risk training sessions to build awareness and compliance.

Requirements and Qualifications

• Bachelor’s Degree in Finance, Risk Management, Accounting, Economics, or a related discipline.
• Minimum of 3 years of experience in credit risk management or lending operations within microfinance, fintech, or banking.
• Strong knowledge of credit analysis, risk management frameworks, and compliance standards.
• Excellent analytical and investigative skills with sound judgment.
• Proficiency in Excel and other reporting tools; knowledge of loan management software is an advantage.
• Strong communication and interpersonal abilities.
• Professional certification in Risk Management or Credit Analysis (such as CRM or FRM) is an added advantage.

What We Offer

• Monthly salary: ₦200,000 – ₦250,000
• Health insurance and transport allowance
• Career development and training opportunities

Application Closing Date

11th November, 2025

How to Apply

Interested and qualified candidates should send their CV with the job title as the subject of the email.