Credit Analyst Job at Pishon and Brooks Advisory Services

Pishon and Brooks Advisory Services - Our client, a fast-growing CBN-licensed Other Financial Institution (OFI) in Lagos, Nigeria, is recruiting suitably qualified candidates to fill the position below:

Job Position: Credit Analyst

Job Location: Lagos
Reports To: Head, Credit Risk
Grade: Officer/Senior Officer

Job Summary

• Conduct comprehensive credit assessments for loan facilities, analyzing the financial health, business viability, and collateral of borrowers.
• This role is essential to maintaining portfolio quality while enabling rapid credit decisions that give Canary Point Finance competitive advantage.

Key Responsibilities

• Conduct thorough financial analysis of loan applications including review of financial statements, cash flow projections, and debt service coverage calculations
• Analyze business models, operating history, and industry dynamics of applicants to assess viability and risk
• Perform collateral valuation and assessment for various security types including receivables, inventory, property, and equipment
• Verify documentation including business registration, financial records, and collateral ownership
• Prepare comprehensive credit memoranda with clear recommendations for Credit Committee review, including risk ratings and pricing recommendations
• Conduct site visits to applicant business premises to verify operations and collateral existence
• Monitor existing portfolio through periodic reviews of customer financial performance and collateral coverage
• Analyze industry trends and risks for key sectors to inform credit decisions and portfolio concentration limits
• Support relationship managers with credit structuring advice and documentation requirements
• Maintain credit files and documentation in compliance with CBN requirements and internal audit standards

Requirements

• Bachelor’s Degree in Accounting, Finance, Economics, or related field; professional qualification (ACIB, ACA, ACCA, CFA) is an advantage
• 3-5 years of credit analysis experience in a bank or financial institution, preferably with SME or commercial lending exposure
• Experience analyzing various loan types including working capital, asset financing, and term loans
• Strong understanding of financial statement analysis, ratio analysis, and cash flow modeling
• Knowledge of collateral types and valuation methodologies
• Familiarity with CBN regulations for finance companies and credit risk management guidelines

Skills & Competencies:

• Excellent financial analysis and modeling skills with proficiency in Excel
• Strong attention to detail for document verification and collateral assessment
• Good understanding of various lending products and structures
• Ability to analyze industry dynamics and competitive positioning of borrowers
• Clear written communication for credit memoranda preparation
• Time management skills to meet credit turnaround targets
• Interpersonal skills for site visits and customer interactions
• Problem-solving abilities to structure solutions for complex credit situations