The Concept Group is a holding company for companies established in 1992. Subsidiaries under the Group include: Rosabon Financial Services - Nigeria’s Leading Equipment Leasing and Financial Intermediary Company, Concept Nova - Bespoke Enterprise Software Development Company, Percy Aitkins - Bureau De Change.
We are recruiting to fill the position below:
Job Title: Portfolio Risk Analyst
Conducts detailed portfolio analysis and reports. The analysis a report on loan and lease portfolio to anticipate, identify and mitigate credit risk exposure related to portfolio management activities.
Analyses transactional risk measures including default, correlations and stress losses to enhance concentration risk views
Estimates the probability of defaults, loss given default in order to validate risk parameters (PD, LGD, EAD/CCF) calculated for internal credit risk management
Identifies adjustments required to risk parameters (PD, LGD, EAD/CCF) calculated for internal credit risk management
Analyses and monitors the company’s lease portfolio
Assessing all other credit risks and making recommendation
Periodically analyses quantitatively and qualitatively the loan portfolio of the company based on sector concentration, volume concentration,product concentration, etc.
Periodically performs default/principal at risk assessment, measuring the impact of guarantors/collaterals and impact of group loan on risk exposure
Monitors compliance to credit and risk policies of the company
Prepares report on loan and lease portfolio
Prepares report on analytics of portfolio performance, emerging trends and areas of opportunity
Prepares comprehensive report on all repossessed lease assets identifying principal outstanding, loan-asset value, number of rentals outstanding, date asset is expected to be disposed and estimation of depreciation in asset value
Mitigates credit risk exposure related to portfolio management activities
Prepares report on probability of default using information from direct debit, cheque lodgement report and returned cheque report
Suggests initiative to ensure consistency and compliance with credit policies and improve credit qualities
Proposes evolutions in the policy, process, procedure, methodology, collaterals related to the risk identified
Makes recommendations for process improvement, addressing gaps and areas for additional or improved reporting and data
Responsible for training the department on identified trends and recommendations