Credit Risk Specialist at SycamoreNG

SycamoreNG is a financial lending and investment company that provides flexible loan options, investment opportunities and financial solutions to individuals and businesses.

Job Title: Credit Risk Specialist
Company: SycamoreNG
Location: Ikeja, Lagos
Job Type: Full Time
Qualification: BA/BSc/HND
Experience: 3–5 years
Job Field: Risk Management and Compliance

Job Responsibilities

Credit Underwriting

• Review and analyse loan applications to determine borrowers’ creditworthiness and repayment capacity.
• Assess applicants’ income, cash flow, financial statements, bank statements, credit history and existing obligations.
• Review consumer, SME and other assigned loan applications based on applicable credit policies.
• Prepare clear and well-supported credit appraisal reports and recommendations.
• Approve, decline or escalate applications within assigned approval limits.
• Identify risks and recommend appropriate mitigants, loan structures, conditions and security requirements.

Due Diligence & Verification

• Conduct KYC and customer verification before recommending credit facilities.
• Review credit bureau reports and investigate adverse findings or inconsistencies.
• Verify employment, business operations, income sources, bank statements, addresses and other relevant information.
• Identify discrepancies, suspicious documentation, misrepresentation and potential fraud indicators.
• Escalate significant red flags to the appropriate Risk, Compliance or Management team.

Credit Policy & Risk Management

• Ensure underwriting decisions comply with SycamoreNG’s credit policy and approval framework.
• Identify policy exceptions and ensure appropriate approval is obtained.
• Assess concentration, indebtedness, repayment capacity and other relevant credit risks.
• Ensure conditions precedent are satisfied before recommending disbursement.
• Contribute to improving underwriting policies, processes and credit assessment models.

Portfolio Monitoring

• Monitor assigned loan portfolios and identify early warning signs of deterioration.
• Review existing facilities for renewals, restructures, modifications and additional exposures.
• Provide insights on emerging credit risks and recurring causes of delinquency.
• Work with Risk and Recovery teams to improve portfolio quality.

Documentation & Reporting

• Ensure credit files are complete, accurate and properly documented.
• Review loan documentation and facility terms before disbursement.
• Prepare reports on underwriting volumes, approval rates, declines, exceptions, turnaround time and portfolio performance.
• Support internal audits, compliance reviews and regulatory examinations.

Stakeholder Management

• Work closely with Sales, Relationship Managers, Credit Operations, Recovery, Compliance, Legal and Finance teams.
• Professionally challenge incomplete or weak credit proposals.
• Communicate credit decisions and recommendations clearly to relevant stakeholders.
• Maintain independence and sound judgment when making lending decisions.

Requirements

• Bachelor’s degree in Finance, Accounting, Economics, Banking, Business Administration or a related discipline.
• 3–5 years of relevant experience in credit underwriting, credit analysis, risk management, banking, microfinance or fintech lending.
• Experience in commercial banking, digital lending or fintech environments is strongly preferred.
• Proven experience underwriting consumer and/or SME loans.
• Strong understanding of credit assessment and lending principles.
• Good knowledge of KYC, credit bureau checks, fraud detection and credit documentation.
• Ability to analyse financial statements and bank statements.
• Strong understanding of lending policies and risk management principles.
• Proficiency in Microsoft Excel and relevant credit/lending systems.
• Strong analytical and numerical skills.
• Excellent attention to detail.
• Strong written and verbal communication skills.
• High level of integrity and sound independent judgment.

How to Apply

Interested and qualified candidates should send their CV to [email protected] using the job title, “Credit Risk Specialist”, as the subject of the email.

Application Closing Date: Not Specified