Credit Officers (Graduate Trainee) job at Yopsa Financial Services

About the Organization

Yopsa Financial Services ltd is a leading financial services company that specializes in providing innovative Care Now, Pay Later solutions for medical expenses and small working capital loans. We understand the financial challenges individuals and small businesses face when it comes to medical bills and securing funds for their operations. Our platform offers a seamless and user-friendly experience, allowing users to access medical financing options and working capital loans quickly and efficiently.
Vision statement
To Build Financial products and solutions that suits the underserved and unbanked populace.
Mission statement
To provide professional, reliable and trusted financial services that assist populace in achieving their goals with little or no stress.
Core Values
Responsibility
Empowerment
Simplicity
Partnership
Effective Corporate Governance
Creativity
Teamwork
Our specific objectives are:
1. Providing low-cost products
2. Contributing to finance education
3. Providing loans that are suitable to our clients
4. To positively contribute toward the growth of the economy

Job Description

Credit Officers, particularly those in a graduate trainee program, have a range of responsibilities that help them understand and eventually master the intricacies of credit management.

Duties and Responsibilities

Credit Assessment and Analysis:

Financial Analysis: Analyzing financial statements and credit reports to determine the creditworthiness of potential clients.
Risk Assessment: Assessing risks associated with lending and determining the credit limits for new and existing customers.
Report Preparation: Preparing detailed credit reports and making recommendations based on their findings.

Loan Processing and Approval:

Application Review: Reviewing loan applications and ensuring all required documentation is complete.
Credit Scoring: Utilizing credit scoring systems to assess applications.
Approval Process: Assisting in the loan approval process and ensuring compliance with company policies and regulatory requirements.

Customer Interaction:

Client Meetings: Meeting with clients to discuss their financial needs and providing guidance on suitable credit products.
Negotiations: Negotiating terms and conditions of loans with clients.
Support: Providing ongoing support and advice to clients regarding their credit and financial health.

Compliance and Documentation:

Regulatory Compliance: Ensuring all credit activities comply with relevant laws and regulations.
Documentation: Maintaining accurate and thorough records of all credit-related transactions and correspondence.

Portfolio Management:

Monitoring: Monitoring the performance of the credit portfolio and identifying potential risks.
Reporting: Preparing regular reports on the status of the credit portfolio for senior management.
Collections: Assisting in the management of overdue accounts and implementing strategies for collections.