Olaniyi Solomon

I am a highly resourceful forward thinking individual, with a positive approach to improve work efficiency; I am an individual who strives to be dynamic, diligent, self-motivated and hardworking. I am determined to embark on a career path that will constantly develop my skills and abilities. I hope to join a team of talented individuals who strongly believe in team work, discipline and the possibilities of solving challenges posed by being dedicated and productive in any area of specialization as well as having positive impacts to the growth and development of the organization.

Head of Credit Risk Analyst - Sonora Capital and Group - Lagos State

(2022-01 - 2025-12)

• Developing Credit Risk Management strategies and guidelines that include credit limits for various categories of borrowers based on their risk profiles
• Developing credit scoring models to quantify the risk level associated with lending to specific clients or sectors. Software that can enhance this can be integrated.
• Creating and refining credit policies to ensure that lending practices align with the company's risk appetite and regulatory requirements.
• Monitoring adherence to company-wide credit risk guidelines, adjusting as necessary to reflect changes in the market or business strategy.
• Conducting stress testing to evaluate how market changes could affect borrowers' ability to repay loans.
• Analyze the creditworthiness of individuals or companies by reviewing financial statements, credit history, and other relevant information.

Credit Analyst / Risk - RenMoney MFB - Lagos State

(2021-01 - 2022-12)

• Staying updated on new regulations affecting credit risk management and adjust internal practices to remain compliant.
• Ensure all statutory return are made on time
• Developing and implementing mitigation strategies, such as loan restructuring additional collateral requirements, etc. to minimize potential losses.
• Leading credit risk analyst ensuring the development of their skills and knowledge in risk management.
• Ensured adherence to regulatory requirements by conducting regular reviews of policies, procedures, and controls related to risk management practices within the organization.
• Investigated allegations to check validity and recommend actions to minimize risk.

Credit / Risk Analyst - Page International Financial Service Limited - Ikoyi, Lagos

(2020-01 - 2021-12)

• Approving or declining credit applications highlighting all risk issues pertinent to the credit decision.
• Continuously monitor the performance of the credit portfolio tracking delinquency rates, loan performance, and changes in borrower profiles.
• Provide regular reports to senior management on key credit risk indicators and emerging risks within the credit portfolio
• Implementing early warning systems to detect potential credit risks before they materialize into loses
• Supported business continuity planning efforts by conducting risk assessments for critical processes, identifying areas of vulnerability and recommending appropriate mitigation measures.

M.Sc. - Accounting - University of Lagos

B.Sc. (Ed) - Business Education - Tai Solarin University of Education (2019)

Diploma - Accounting - Osun State Polytechnic, Iree (2013)