Ascentech Services Ltd acts as a gateway to provide a wide range of recruitment and selection services to companies. We are a dedicated team of professional consultants offering top-of-the-line executive recruitment and selection services. We cater for the needs of a range of professionals seeking employment and work together to create effective solutions using our networks and strong client base.Job Description
Implement and enforce internal controls to identify and mitigate potential fraud risks related credit profiles and loan applications
Stay informed on industry changes, regulations, and trends, and implement necessary adjustment to internal practices.
Ensure compliance with all relevant laws and regulations (e.g., fair lending, anti-money laundering) in credit evaluation and approval processes.
Assist in the creation and refinement of lending policies, ensuring that they align with industry regulations, best practices, and company goals.
Ensure that all documentation for loan application are accurate and complete before processing and approving loan applications.
Oversee the end-to-end process for reviewing and approving loan applications, ensuring compliance with company policies and external regulations.
Present findings and insights to senior management to guide decision-making regarding credit profiles.
Prepare regular reports on the status of credit portfolios, highlighting any emerging risks, trends, or opportunities to improve performance.
Continuously monitor the credit profiles of existing clients, especially those with active loans or credit lines.
Develop and apply lending criteria to minimize risk while ensuring profitable lending decisions.
Evaluate the creditworthiness of individuals or businesses applying for loans and determine approval, modification, or rejection of loan applications based on risk assessment.
Analyze credit profiles of loan applicants and existing clients by reviewing credit reports, scores, financial statements, and other relevant documents.
Required Qualifications
Education:
Bachelor’s Degree or Diploma in Finance, Accounting, Business Administration, Economics, or a related field.
Advanced certifications is an added advantage
Experience:
Minimum of 2 years Prior work experience with a start up preferably in the lending sector.
Minimum of 3 – 5 years of experience in credit management, risk analysis, or a related field within a lending or financial services company.
Experience in analyzing credit reports and assessing financial statements.
Skills:
Strong analytical and financial modeling skills.
Proficiency in credit analysis tools, Microsoft Office Suite (Excel, Word, PowerPoint),
Knowledge of credit risk management and regulatory standards related to lending.
Strong written and verbal communication skills, with the ability to explain complex financial concepts to clients and colleagues.
Exceptional problem-solving abilities and attention to detail.
