Credit Analyst at AB Microfinance Bank Nigeria (2012-08 – 2018-07)
- Reduced non-performing loans drastically through rigorous credit assessment and monitoring.
- Increased loan disbursement above set target while maintaining portfolio quality.
- Improved credit approval turnaround time and enhanced customer satisfaction.
- Achieved portfolio growth with minimal delinquency.
- Enhanced risk assessment framework, reducing default rates through timely follow-ups.
- Increased loan recovery rate through effective follow-up and restructuring strategies.
- Reduced loan write-offs via proactive risk management.
- Achieved customer retention rate through personalized service and financial guidance.
- Received positive feedback from clients for excellent communication and support.
- Supported management in portfolio risk reduction.
- Collaborated with teams to streamline credit processes, boosting efficiency.
- Trained junior analysts, improving team credit assessment accuracy.
Team Lead at Fifthaxis Associates Ltd (2018-08 – 2021-12)
- Increased team productivity through effective guidance and task allocation.
- Developed and implemented team strategies, enhancing overall performance.
- Strengthened relationships with stakeholders, contributing significantly to increase in business opportunities.
- Ensured timely reporting and communication with management.
- Mentored team members, improving skills and performances.
Credit Manager at Edustan Associates Ltd (2022-03 – Present)
- Manage trade credit portfolio of ₦50M+ for distributors, retailers and wholesale buyers across electrical/electronics trading sector.
- Appraise customer creditworthiness using financial analysis, bank references, CAC checks, and site visits before approving credit limits and 30-90 day terms.
- Set and review customer credit limits, payment terms, and collateral requirements to balance sales growth with cash flow and FX exposure from imports.
- Monitor accounts receivable aging and DSO daily; currently maintain DSO at 35days and bad debt write-offs below 1% of credit sales.
- Drive collections through structured call-downs, reconciliations, and field visits; achieve 90% recovery rate on overdue distributor accounts.
- Collaborate with Sales and Warehouse to release stock against approved credit limits, post-dated cheques, and collateral; prevent overtrading and stock losses.
- Structure LPO/inventory financing for key dealers to support bulk orders without straining working capital or Letter of Credit facilities.
- Prepare monthly credit risk reports, aging analysis, and portfolio reviews for management with actionable insights on PAR30/PAR90.
- Ensure 100% compliance with company credit policy, approval matrix, and documentation standards for all credit sales.
- Train sales team on credit policy, red flags, and professional collections to reduce avoidable delinquency.
