Credit Officer at DAG Industries Nigeria Limited

DAG Industries Nigeria Limited is a company engaged in the distribution of Bajaj motorcycles, tricycles, genuine spare parts, MRF tyres, and DAG lubricants. The organization also provides after-sales services supported by trained technicians, authorized service stations, and its own service center.

Through its operations, the company contributes to infrastructure development and job creation in Nigeria, supporting livelihoods across communities. DAG remains committed to delivering genuine products, accessories, and consistent support to its customers and business partners.

• The Credit Officer is responsible for assessing the creditworthiness of customers, managing credit facilities, and minimizing financial risks.
• The role supports vehicle financing operations by ensuring proper credit evaluation, monitoring loan performance, and maintaining compliance with internal credit policies.
• It also contributes to automobile sales growth by enabling structured and well-managed financing solutions.

Credit Assessment & Approval:

• Evaluate credit applications for vehicle purchases, fleet financing, and spare parts financing.
• Conduct detailed financial assessments, including income verification, cash flow analysis, and repayment capacity evaluation.
• Perform customer credit checks and develop risk profiles.
• Recommend appropriate credit limits and financing structures based on risk analysis.
• Verify customer documentation such as KYC records, bank statements, and guarantor information.

Credit Facility Management:

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

Risk Management & Compliance:

• Ensure compliance with company credit policies and relevant regulatory requirements.
• Identify potential credit risks and implement mitigation measures.
• Monitor delinquent accounts and initiate recovery processes.
• Collaborate with legal and recovery teams on default cases.
• Maintain adherence to internal audit and financial control standards.

Collaboration with Sales & Operations:

• Support sales teams with structured financing solutions to drive vehicle sales.
• Liaise with dealers, financial institutions, and customers on credit arrangements.
• Provide insights on credit performance to support management decision-making.
• Assist in developing customer financing programs and credit policies.

Reporting & Documentation:

• Prepare periodic credit risk and portfolio performance reports.
• Maintain organized and complete credit documentation.
• Track overdue accounts and produce aging analysis reports.
• Provide updates to management on the overall health of the credit portfolio.

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

Interested and qualified candidates should visit the official application portal by clicking the apply button below.