Credit Operations Specialist at Flutterwave

Job Expired

Job Title: Credit Operations Specialist

Location: Lagos
Job Type: Full Time

About the Role

  • We are looking for driven, passionate and committed individuals to join the team as we grow and expand across Africa and beyond.
  • As our Credit Operations Specialist, your primary responsibility will be to analyze the credit-worthiness of Merchants requesting a credit line from Flutterwave.

Additional Job Summary

  • Play a key role in recommending new credit transactions and extension of credit following a thorough research and analysis of financial documents presented by Merchants/Clients. This would entail assessing and making decisions about customers’ credit applications using a range of criteria, including the purpose for the loan application and credit viability, customer payment history, and creditworthiness.
  • Own the responsibility of accurately evaluating the level of risk, tying in all possible repayment sources, including earnings, cash flow, capital adequacy/asset quality, re-financing, collateral protection, and guarantees.
  • Integrate into the Risk analysis of the impact of external factors, including management, market, strategy, industry, and economic climate.
  • Be responsible for completing a thorough, detailed, and accurate credit analysis before a loan request can be granted; and consistently formulates action-oriented and constructive recommendations to improve the Flutterwave’s level of credit risk.
  • Review Merchants’ financials and conducting sensitivity analysis to evaluate credit risk in connection with the Flutterwave’s structures.
  • Effectively communicate with lenders, customers, management, etc. to obtain additional information and/or relay information; as well as negotiate with lenders concerning underwriting and effectively arrive at a loan structure that is within the Flutterwave’s. Credit appetite.
  • Be responsible for monitoring and ensuring compliance with Federal and State laws and regulations with respect to credit transactions in addition to the bank’s operation policies and procedures.
  • Work directly with clients to resolve compliance issues and operational inquiries. E.g legal documentation, etc.

What Your Day to Day Activities Will Be Like

  • Enter, update, and retrieve information for credit applications, and review credit applications when needed.
  • Analyze financial data, statements, and trends, and set new Merchants credit limits based on findings.
  • Recommend credit limits following company credit policies.
  • Conduct credit reviews of existing Merchants.
  • Actively monitor risk trends on behalf of management and Relationship Management team
  • Responsible for drawing up loan packages for new and restructured loans.
  • Perform cash-flow analysis of businesses to designate the degree of risk associated with extending credit for a Merchant.
  • Ensure that all approved loan applications are in conformity with the Flutterwave lending criteria.
  • Utilize data from analysis of client records to recommend payment plans.
  • Responsible for conferring with credit associations/Bureau and references to exchange credit information on clients.
  • Apply financial ratios through computer programs to evaluate the client’s financial status.
  • Provide filled/completed loan applications, credit analysis, and loan request summaries to the credit committees for their approval.
  • Provide support in monitoring loan disbursements to ensure compliance with Flutterwave’s policies.

Required Competency and Skillset

  • Master’s or Bachelor’s Degree in Finance, Accounting, Business or any other quantitative field.
  • 3-5 years Postgraduate experience in a credit Operations function.
  • Essential to possess work experience in the financial sector (to gain hands-on experience of accounting, account receivable, and credit processing
  • Strong mathematical, statistical, and analytical skills.
  • Proficiency in the use of Microsoft Office applications,
  • Research ability, sound decision making,
  • Ability to maintain strict confidentiality.
  • Strong time management skills
  • Interpersonal and negotiation skills
  • A keen eye for details
  • Ability to work effectively under pressure.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online

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Company Information
  • Total Jobs 21 Jobs
  • Full Address 8 Providence Street Lekki, 900001, Lagos
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