Mon, 26 Feb 2024 12:17:00 GMT

Recovery, Risk And Assessment Officer
Dara Capital, Ghana

Experience
< 1 Year
Salary
1,800 - 4,000 GHS
Job Type
Job Shift
Job Category
Traveling
No
Career Level
Telecommute
No
Qualification
HND OR DEGREE
Total Vacancies
1 Job
Posted on
Oct 19, 2023
Last Date
Jan 19, 2024
Location(s)

Job Description

Credit risk and assessment officer is responsible for managing the risks that arise from lending money to others. They analyse the creditworthiness of potential borrowers and decide whether or not to extend them loans. Credit risk officers also monitor existing loans to ensure that borrowers continue to meet their obligations under these agreements. The Recovery Officer is also responsible for the collection of debts prior to legal recovery proceedings commencing, negotiating payments/payment arrangements, handling debtor enquiries and provides administrative assistance to the team.

Responsibilities

Reviewing loan applications, credit reports, and other documentation to determine whether to approve or deny loans

Evaluating potential risks and recommending solutions to increase profits while maintaining safety standards

Educating clients on how to improve their credit score or manage their debt to avoid delinquency or default

Analyzing industry trends to identify new opportunities for lending, investment, or insurance products

Identifying new markets for lending or investment opportunities, including identifying new clients and industries where the company has not yet established a presence

Reviewing applications for large consumer loans such as mortgage applications to determine whether they meet the lender’s criteria

Working with legal staff to draft contracts, agreements, and other legal documents

Monitor overdue and defaulted loans daily to timely provide an update or recommendation to upper manager.

Prepare and submit daily reports of the overdue and repayment for all credit facilities to keep all related stakeholders informed of the status.

Job Specification

Qualifications

Applicant must have at least two (2) years working experience in micro credit environment

Must have a minimum of HND

Must be a team player

Job Rewards and Benefits

Dara Capital

Banking - Accra, Ghana
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