Credit & Risk Officer

EMPLOYMENT OPPORTUNITY VACANCY: CREDIT & RISK OFFICER Fair Choice Finance Limited invites applications from suitably qualified, experienced and results-oriented individuals for the position of Credit & Risk Officer. JOB PURPOSE The Credit & Risk Officer will support the effective management of the Company’s credit portfolio through credit analysis, loan administration, regulatory reporting, CRB and insurance submissions, loan reconciliations, outright settlements and refunds. The role will also be responsible for ensuring that all credit activities are undertaken in accordance with the Company’s Credit Policy, applicable regulatory requirements and established internal controls. KEY RESPONSIBILITIES The successful candidate will be responsible for: Evaluating loan applications and assessing applicants’ creditworthiness in accordance with the Company’s Credit Policy and approved lending criteria. Processing loan applications and supporting documentation within prescribed turnaround times. Computing outright loan settlements and ensuring fully settled loans are appropriately closed. Computing customer refunds accurately and facilitating timely processing of approved refunds. Maintaining complete, accurate and up-to-date loan and customer records. Preparing monthly Credit Reports and quarterly credit inputs for Bank of Zambia prudential reporting. Conducting regular reviews of loan accounts to support portfolio quality, arrears management and reduction of bad debts. Undertaking monthly CRB submissions and ensuring customer credit information is accurately and promptly updated. Reviewing CRB information and other relevant external credit information as part of the credit assessment process. Preparing and submitting monthly loan information to the relevant insurance provider to ensure eligible loans are appropriately covered. Processing insurance submissions relating to early settlements, refunds and claims. Undertaking weekly and monthly system integrity checks to ensur