Ofure Ruth Olateju

Lagos, Nigeria (***) 805-***-**** adxy6d@r.postjobfree.com www.linkedin.com/in/ofure-olateju- 6a58b4145/

Profile

An Experienced Credit Expert, with excellent analytical skills from about 14 years’ experience in leading, directing, analyzing and implementing of the overall on-lending operations such as assessment of creditworthiness, analysis of financial information including cashflow records and management accounts, of many financial institutions and MSMEs at different levels both at the branch and headquarters, in accordance with the organizational objectives.

Skills & Abilities

· Leadership & Team management

· Excellent Customer Advisory and Relations

· Staff Training and Development

· Strong negotiation skills

· Business Financial Analysis

· Attention to details

· Ability to work under pressure

· Advanced in the use of Microsoft Office

· Credit Analysis

· Vast understanding of loans and lending procedures

· Process development and Improvement

Experience

Head, Loans and Advances

Grooming People for Better Livelihood Centre Microfinance Services August 2018 to date

• Work planning, implementation, monitoring and evaluation of activities of the Loans and Advances (Credit) department.

• Oversee administration of loans to MSMEs and on-lending Institutions.

• Ensure Credit policies and procedures are adhered to in accordance with established guidelines and applicable legislation.

• Provide advisory services to clients on commercial and personal financial services in line with their needs.

• Liaise with and oversee clients’ credit status activities with the Credit Bureaus.

• Review, verify and evaluate loan applications and documentations and make recommendations to the Head-office Credit Committee.

• Act as Secretary to the Head-office Credit Committee.

• Approve or reject Branch and Head-office loan requests on the Organization’s Automated platform.

• Establish debt ratio limits in accordance with the Credit Committee’s authorized limits.

• Determination of repayment schedules in line with policy/authorized limits.

• Ensure recovery of overdue or delinquent loans.

• Oversee and review prepared routine savings and loan reports to Management.

• Analyze due diligence reports to validate lending eligibility

• Recruit loans and advances personnel and identify their training needs. MIS/Credit Manager (Finance & MIS Department)

Grooming People for Better Livelihood Centre Microfinance Services June 2009 to August 2018

• Preparation of the overall loan plan of the organization based on the information provided by the branches.

• Preparation of monthly savings and credit reports for “Grooming at a glance”.

• Development of program and preservation of all information of savings and credits in the computer.

• Supply of information of savings and credits for preparation of the half-yearly and yearly reports to the funding/donor organizations.

• Preservation of all the loan accounts and accounts related documents sent from branches.

• Performing all the functions of fund management.

• Preparation of accounts of savings and revolving loan programs at the year’s end and make arrangement for external audit.

• Preparation of weekly, monthly, quarterly and yearly reports on fund projections based on information provided by the branches.

• Preservation of all accounts of Grooming’s self-reliance and supply of information according to need.

Assets and Prepayment Officer (Youth Corp)

Securities and Exchange Commission (SEC) October 2007 to September 2008

• Monitoring and recording of project Mobilization and operation Education

• MSc Finance

Babcock University

• BSc, Banking and Finance

University of Benin

• Microfinance Certified Banker

The Chartered Institute of Bankers of Nigeria

• Certificate of Participation

School of African Microfinance

• Certificate of Achievement, Sustainable Microfinance and Development Program University of New Hampshire

• Certificate of Achievement, Middle Management Training Frankfurt School of Finance and Management, German

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