DAG Nigeria Industries Limited, registered with corporate affairs Nigeria in 2004 and the Company started regular operations effective 21st May 2005. The initial operations were from No 3 Billings Way, Ikeja, Lagos. The first auspicious product sale was Bajaj Boxer S on Nov 21st 2005.

The parent company, DAG, was established in 2003, in U.A.E., has been associated with M/s. Bajaj Auto Ltd., since its incorporation and has the distinction of being the OE partner for Bajaj Auto Ltd., for over 4 decades. DAG, considered as one of the ‘premiere’ two-wheeler dealerships in UAE, is the authorized distributor and marketer of Bajaj two-wheelers across Nigeria. We provide the most popular range of Bajaj motorcycles, genuine spares, and unfaltering after sales service. Backed by its untiring team of professional and trained technicians, authorized service stations and its own service center, DAG has been instrumental in developing Nigeria through building infrastructure and creating jobs thereby providing a livelihood for the common people in Nigeria. We at DAG are committed to provide genuine spare parts, accessories, and a never failing support to its customers and business associates.Summary

The Credit Officer will be responsible for assessing financing applications, evaluating applicants’ creditworthiness and repayment capacity, conducting credit interviews and residential verifications, ensuring KYC compliance, identifying potential fraud risks, and making sound credit recommendations in line with company policies.

Key Responsibilities

Assess applicants’ income, expenses, financial behaviour, employment stability, character, risk profile, and repayment capacity.
Conduct structured interviews with applicants and guarantors.
Review and verify KYC documents, including NIN, BVN, proof of residence, income documents, and bank statements.
Conduct physical residential and environmental verification of applicants and guarantors.
Identify red flags, fraud indicators, and credit risks.
Prepare credit assessment reports and recommendations.
Ensure accurate data entry and documentation on the company’s loan origination system.
Process credit applications within stipulated turnaround times while maintaining quality and compliance standards.

Requirements

Bachelor’s Degree in Finance, Business, Economics, or a related field.
2–3 years’ experience in credit assessment, microfinance, vehicle finance, or a similar lending environment.
Strong understanding of credit analysis, affordability assessment, and KYC requirements.
Excellent analytical, communication, interpersonal, and decision-making skills.
Strong attention to detail and risk awareness.
Ability to work with daily/weekly targets and meet turnaround-time expectations.

Ideal Candidate:

The ideal candidate should be analytical, detail-oriented, commercially aware, and comfortable conducting field visits and interacting professionally with customers and guarantors.
Experience in fintech, lending, microfinance, or vehicle financing will be an advantage.

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9jabook

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DAG Nigeria Industries Limited, registered with corporate affairs Nigeria in 2004 and the Company started regular operations effective 21st May 2005. The initial operations were from No 3 Billings Way, Ikeja, Lagos. The first auspicious product sale was Bajaj Boxer S on Nov 21st 2005.

The parent company, DAG, was established in 2003, in U.A.E., has been associated with M/s. Bajaj Auto Ltd., since its incorporation and has the distinction of being the OE partner for Bajaj Auto Ltd., for over 4 decades. DAG, considered as one of the ‘premiere’ two-wheeler dealerships in UAE, is the authorized distributor and marketer of Bajaj two-wheelers across Nigeria. We provide the most popular range of Bajaj motorcycles, genuine spares, and unfaltering after sales service. Backed by its untiring team of professional and trained technicians, authorized service stations and its own service center, DAG has been instrumental in developing Nigeria through building infrastructure and creating jobs thereby providing a livelihood for the common people in Nigeria. We at DAG are committed to provide genuine spare parts, accessories, and a never failing support to its customers and business associates.Job Summary

The Credit Officer is responsible for evaluating customer creditworthiness, managing credit facilities, minimizing financial risk, and supporting vehicle financing operations.
The role ensures effective credit assessment, loan monitoring, and compliance with company credit policies while supporting automobile sales growth through structured financing solutions.

Key Responsibilities
Credit Assessment & Approval:

Evaluate credit applications for vehicle purchases, fleet financing, and spare parts financing.
Conduct detailed financial analysis including income verification, cash flow review, and repayment capacity assessment.
Perform customer credit checks and risk profiling.
Recommend credit limits and financing structures based on risk evaluation.
Verify customer documentation including KYC, bank statements, and guarantor details.

Credit Facility Management:

Administer and monitor credit facilities for automobile dealers, corporate clients, and retail customers.
Ensure proper documentation and execution of loan agreements.
Monitor repayment schedules and ensure timely collections.
Review credit exposure and recommend facility renewals or restructuring when necessary.
Maintain accurate credit records and facility tracking reports.

Risk Management & Compliance:

Ensure adherence to company credit policies and regulatory requirements.
Identify potential credit risks and implement mitigation strategies.
Monitor delinquent accounts and initiate recovery actions.
Work closely with legal and recovery teams on default cases.
Maintain compliance with internal audit and financial control standards.

Collaboration with Sales & Operations:

Support automobile sales teams with financing solutions to enhance vehicle sales.
Liaise with dealers, financial institutions, and customers regarding credit arrangements.
Provide credit insights to management for business decision-making.
Assist in developing customer financing programs and credit policies.

Reporting & Documentation:

Prepare periodic credit risk reports and portfolio performance analysis.
Maintain proper filing of credit documentation.
Track overdue accounts and prepare aging analysis reports.
Provide management updates on credit portfolio health.

Requirements & Qualifications

Bachelor’s Degree in Finance, Accounting, Business Administration, Economics, or related field.
3–5 years’ experience as a Credit Officer preferably in automobile, vehicle financing, loan facility, leasing, or asset financing.
Strong knowledge of credit analysis, loan structuring, and risk assessment.
Experience managing credit facilities and repayment monitoring.
Good understanding of financial statements and credit evaluation techniques.
Proficiency in MS Excel and credit management systems.

Core Competencies:

Credit Risk Analysis
Automobile Financing Knowledge
Financial Analysis & Reporting
Loan Administration
Debt Recovery & Collection
Attention to Detail
Negotiation & Relationship Management
Compliance & Risk Control
Analytical Thinking
Communication Skills.

Written by

9jabook

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