Recruitment at Optimus Bank

Optimus Bank is a digital-driven financial service platform built with a bold ambition of offering optimum banking experiences to millions of customers globally.

We are recruiting to fill the position below:

Job Title: Credit Risk Control & Analytics Officer

Location: Nigeria
Job type: Full-time

Responsibilities

• Daily review and recommendation of all credit facilities and credit product products.
• Ensure compliance with the Bank Credit Risk Policy Guide and documentation facility approval memorandum in the analysis of credit requests.
• Carry out the spreading, analysis and interpretation of financial statements.
• Quantitative and qualitative assessment to identify and quantify the financial and business risks of customers.
• Assign credit ratings to all customers by using internally developed and approved rating methodologies and models.
• Monitoring and management of credit portfolio to ensure the achievement of high-quality loan book with NPL less than 1%.
• Assessment or understanding of the operating environment (i.e. country, industry, regulatory and legal risk) and how it impacts the risk profile of the Bank credit portfolio.
• Evaluate customers’ loan applications in line with the bank’s credit risk policy guide.
• Independent review and assessment of the credit and financial profiles of the bank’s target market across industry segments, including financial institutions.
• Understand applicable credit policies, industry regulations and the requisite impact of those governance items on prospective new partners or product initiatives.
• Prepare risk management presentations for senior management that include analytics on expected portfolio performance and areas of potential risk and/or opportunity
• Continuously ensure alignment/compliance to the credit risk management framework.
• Continuously analyze and recommend improvement on credit risk management framework, processes and systems.
• Regular stress testing of the Bank’s balance sheet and preparation of Internal Capital Adequacy Assessment Process (ICAAP).
• Preparation of regulatory reports.

Requirements
Education Qualification:

• A Bachelor of either Finance, Business Administration, Economics, or any related field.

Experience:

• A minimum of 6 years of experience in Credit Risk Control and Analysis.
• General Knowledge and Skills
• Knowledge and understanding of legal issues relating to security, relevant legislation or regulatory requirements, including IFRS 9, Basle II and III.
• Knowledge and understanding of financial statements.
• A good understanding of credit ratings, portfolio management and credit pricing.
• Good understanding and knowledge of the Prudential Guidelines.
• Good understanding and knowledge of the different industries
• Credit risk and loan assessment
• Good knowledge of MS Office and Finacle Banking Software.
• Good knowledge, analysis and interpretation of financial Statement.
• Ability to motivate colleagues to meet set targets and goals.

Application Closing Date
Not Specified.

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

Job Title: Credit Risk Administration Officer

Location: Nigeria
Job type: Full-time

Responsibilities

• Ensure compliance with the credit risk policy guide of the Bank for all credit facilities.
• Ensure the Minutes of Management Credit Committee (MCC) meetings are properly documented and must capture the conditions of all approved credit facilities (on & off-balance sheets).
• Ensure regular credit review, documentation of security and non-security documents.
• Ensure the generation of CBN CRMS prior to disbursement of all credit facilities (Automate the process for all Straight Through Process loans).
• Disbursement and management of non-straight through process approved credit facilities while ensuring compliance to the approval terms.
• Ensure the successful management of regulators and external auditors.
• Daily review of all newly disbursed facilities to ensure compliance with terms of approval (security & non-security documentation).
• Ensure all fees are automated and taken as at when due.
• Oversee and monitor all credit facilities bank-wide, with the aim to identify all non-performing facilities for recovery.
• Determine causes of delinquency in non-performing facilities.
• Identify contraventions of the Bank’s credit processes and escalate where necessary for immediate correction.
• Engaging customers with delinquent accounts to arrive at workout plans for the loans.
• Recovery of non-performing loans with the use of law enforcement agencies.
• Liaising with solicitors and property development consultants to bring about the sale of properties securing non-performing loans.
• Assessing and appointing qualified agents to carry out recovery and property realization in collaboration with stakeholders.
• Review risk assets (Direct & Indirect Exposures) covering documentation, security/collateral, performance, fees, and exposure.

Requirements
Education Qualification:

• A Bachelor of either Finance, Business Administration, Economics, or any related field.

Experience:

• A minimum of 4 years of experience in Credit Risk Administration.

General Knowledge and Skills:

• Knowledge and understanding of security documentation.
• Good understanding and knowledge of prudential guidelines and other banking regulations.
• Good knowledge of MS Office and Finacle Banking Software.
• Ability to motivate colleagues to meet set targets and goals.

Application Closing Date
Not Specified.

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

Title: Tech Academy Program

Job Description

• Are you tech savvy, solution driven and passionate about technology and ready to kick-start your career journey with boundless opportunities? Join the Optimus Bank Tech Academy designed to unlock and unleash your potentials in the Tech field.

Why Optimus Bank:

• Our comprehensive program is a blend of classroom learning with hands-on projects, it empowers you to develop strategic thinking, communication finesse, and innovative solutions. The program offers guided mentorship which enables you to gain insights from industry experts and seasoned mentors who will guide your growth every step of the way and also exposes you to real-world challenges in the industry.

Who Should Apply

• Recent graduates with a passion for technology, and a hunger to make an impact in a dynamic and fast-paced environment.
• We welcome innovative thinkers who are eager to challenge the status quo and drive meaningful change.

Eligibility Criteria:

• Applicant must be a graduate with STEM degree(s)
• Must not be older than 26 years of age at the time of application
• Minimum academic qualification is Second Class Upper degree or its equivalent from institutions accredited by NUC or other regulatory bodies approved by government.
• Evidence of mandatory NYSC scheme/mandatory In-Country Post Graduate Service or Exemption Certificate.
• Minimum of 5 O’ level credits (including English and Mathematics)
• Candidate should be a resident of Lagos

Skills/Competencies:

• A foundational understanding of computer science concepts and a willingness to learn new programming languages and technologies as needed.
• Knowledge of global technology trends and developments
• A proactive approach to learning new skills and taking on responsibilities.
• Innovative thinking to develop new ideas or approaches within projects.
• Excellent communications skills
• Strong Interpersonal and relationship management skills
• Good team player, Self-driven and results-oriented
• Experience with any programming languages or technical projects (academic or personal) is a plus but not mandatory.

What’s in it for you?

• Limitless Growth.
• Positive and Inclusive Work Environment.
• Tailored Rewards and Recognitions.
• Continuous learning environment.
• Health and Wellness Benefits.

Application Closing Date
Not Specified.

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