Credit Officer at Pennylender Limited

Pennylender is a credit finance house typically provides a range of financial services, including credit facilities, and We specialize in evaluating credit risk, managing loan portfolios, and offering financial solutions tailored to our clients' needs. With a focus on assessing creditworthiness and providing access to capital,we play a crucial role in facilitating economic growth and supporting financial stability within the community.

We are recruiting to fill the position below:

Job Title: Credit Officer

Location: Sabo Yaba, Lagos
Employment Type: Full-time

Job Summary

• We are seeking a detail-oriented and proactive Credit Officer to evaluate loan applications, assess creditworthiness, monitor loan performance, and manage customer relationships.
• The ideal candidate will ensure that credit is issued in line with company policy, risk appetite, and regulatory standards, while supporting portfolio growth and asset quality.

Key Responsibilities

• Review and assess credit applications from individuals or businesses.
• Conduct creditworthiness evaluations using financial analysis, collateral reviews, and background checks.
• Work with collections or recovery teams to manage delinquent accounts.
• Ensure compliance with internal credit policies, procedures, and regulatory requirements.
• Provide support and education to clients on credit terms and obligations.
• Prepare and submit periodic reports on loan performance and credit quality.
• Identify risks and propose mitigating measures where necessary.
• Recommend loan approvals or rejections in line with risk guidelines.
• Monitor and follow up on approved loans to ensure timely repayment.
• Maintain proper documentation and update customer records on the credit management system.

Requirements

• Bachelor’s Degree / HND / OND in Finance, Accounting, Economics, Business, or a related field.
• Strong interpersonal and communication skills.
• Attention to detail and ability to make objective, data-driven decisions.
• Proficiency in Microsoft Office and credit analysis tools.
• 2 - 3 years of experience in credit analysis, lending, or financial services.
• Strong understanding of credit risk assessment and loan processing procedures.
• Good knowledge of credit-related regulations and compliance standards.

Preferred Qualifications:

• Experience in microfinance, SME lending, or retail credit.
• Certification in Credit Risk Management or related fields is a plus.
• Familiarity with loan tracking or banking software.

What We Offer

• Competitive salary and benefits
• Professional development and training opportunities
• A collaborative and supportive team environment
• Growth potential in a performance-driven organization.

How to Apply
Interested and qualified candidates should send their CV and cover letter to: [email protected] using “Application for Credit Officer" as the subject of the mail

Application Deadline  30th July, 2025.