Portfolio Risk Analyst

The Concept Group is a holding company for companies established in 1992. Subsidiaries under the Group include: Rosabon Financial Services - Nigeria’s Leading Equipment Leasing and Financial Intermediary Company, Concept Nova - Bespoke Enterprise Software Development Company, Percy Aitkins - Bureau De Change.

We are recruiting to fill the position below:

Job Position: Portfolio Risk Analyst
Job Location: Lagos

Job Description

• Conducts detailed portfolio analysis and reports. The analysis a report on loan and lease portfolio to anticipate, identify and mitigate credit risk exposure related to portfolio management activities.

Key Accountabilities

• Analyses transactional risk measures including default, correlations and stress losses to enhance concentration risk views
• Estimates the probability of defaults, loss given default in order to validate risk parameters (PD, LGD, EAD/CCF) calculated for internal credit risk management
• Identifies adjustments required to risk parameters (PD, LGD, EAD/CCF) calculated for internal credit risk management
• Analyses and monitors the company’s lease portfolio
• Assessing all other credit risks and making recommendation
• Periodically analyses quantitatively and qualitatively the loan portfolio of the company based on sector concentration, volume concentration,product concentration, etc.
• Periodically performs default/principal at risk assessment, measuring the impact of guarantors/collaterals and impact of group loan on risk exposure
• Monitors compliance to credit and risk policies of the company
• Prepares report on loan and lease portfolio
• Prepares report on analytics of portfolio performance, emerging trends and areas of opportunity
• Prepares comprehensive report on all repossessed lease assets identifying principal outstanding, loan-asset value, number of rentals outstanding, date asset is expected to be disposed and estimation of depreciation in asset value
• Mitigates credit risk exposure related to portfolio management activities
• Prepares report on probability of default using information from direct debit, cheque lodgement report and returned cheque report
• Suggests initiative to ensure consistency and compliance with credit policies and improve credit qualities
• Proposes evolutions in the policy, process, procedure, methodology, collaterals related to the risk identified
• Makes recommendations for process improvement, addressing gaps and areas for additional or improved reporting and data
• Responsible for training the department on identified trends and recommendations

Skills & Knowledge

• Ability to review, analyse and report credit and risk activities and data in a way that is easily understood to make better decisions.
• Ability to handle and work efficiently with Microsoft Office Suite, Google Suite and other statistical and analytical softwares or application especially Microsoft Excel and Powerpoint.
• Ability to present and communicate analysis and recommendations to business leaders by supported facts.
• Knowledge of all practices and procedures involved in credit and risk management and how they can be implemented in a way that minimizes financial loss.
• Ability to identify gaps within the credit policies.
• Ability to anticipate and identify financial and economic trends as regards loan and lease portfolio.
• Ability to understand business trends, situations, practices, procedures and models
• Ability to function within defined guidelines and procedures to resolve routine issues
• Ability to measure financial data to evaluate financial performance and position

Educational Qualification & Experience

• B.Sc/M.Sc in Economics, Accounting, Finance, Statistics, Mathematics or any other relevant discipline.
• At least 1-2 years of relevant experience