Credit Risk Management System Officer

Requirements

• Minimum of 3 years cognate experience in credit administration, regulatory reporting, or credit risk management.
  
• Practical knowledge of the CBN Credit Risk Management System (CRMS) and Global Standing Instruction (GSI) framework.
  
• Hands-on experience in CRMS processing, validation, and regulatory reporting.
  
• Proficiency in the use of CRMS Report Converter and CBN CRMS Validator tools.
  
• Strong understanding of banking operations, loan lifecycle management, and regulatory compliance requirements.
  
• Eligible to work in Nigeria.
  
• First Degree in Accounting, Economics, Statistics, Mathematics, Finance, or another numerate discipline is preferred.
  

• Generate and process CBN-CRMS reference codes for newly approved credit facilities.
  
• Manage the renewal and extension of CRMS references for existing and running credit facilities.
  
• Update outstanding balances and process liquidation of existing facilities on the CBN-CRMS platform.
  
• Process and monitor restructuring requests for approved and existing credit facilities on the CRMS platform.
  
• Trigger and monitor Global Standing Instruction (GSI) processes for defaulted facilities above 90 days across applicable loan portfolios.
  
• Prepare and submit month-end updates for Bonds, Securities, and loan accounts to the CBN via the CRMS platform.
  
• Ensure accuracy and completeness of CRMS regulatory submissions and portfolio updates.
  
• Monitor compliance with CBN CRMS guidelines, regulatory timelines, and internal credit administration procedures.
  
• Liaise with Credit Administration, Operations, IT, and other stakeholders to resolve CRMS-related issues and exceptions.
  
• Maintain proper documentation and audit trails for all CRMS processing activities and regulatory correspondences.
  
• Support reconciliation of CRMS records with the Bank’s core banking system and internal credit records.
  
• Provide periodic CRMS portfolio reports and regulatory updates to management and relevant committees.
  
• Escalate unresolved exceptions, validation failures, and data integrity issues for prompt resolution.