Oluwakayode Ayowole FALOMO
Ojodu Berger
Summary
Dynamic credit professional with extensive experience at Union Bank, excelling in risk assessment and financial analysis. Achieved a 99% collections rate while negotiating payment plans and restructuring loans. Proven ability to collaborate effectively and mentor junior staff, driving improvements in credit evaluation and decision-making processes.
Overview
6
6
years of professional experience
1
1
Certification
Work History
SENIOR APPROVER/ SECOND LEVEL CREDIT UNDERWRITER
Union Bank
Lagos
01.2025 - Current
- Evaluated credit applications for compliance with company policies and risk guidelines.
- Analyzed financial statements to assess borrower creditworthiness and repayment capacity.
- Collaborated with loan officers to gather necessary documentation for underwriting processes.
- Reviewed loan files to ensure accuracy and completeness before final approval decisions.
- Developed risk assessment strategies to improve underwriting practices and decision-making efficiency.
- Communicated findings and recommendations to stakeholders in clear, concise reports.
- Mentored junior underwriters on best practices and industry standards for credit evaluation.
- Maintained up-to-date knowledge of industry regulations affecting credit underwriting processes.
- Prepared written summaries outlining reasons for approving or denying loan requests.
- Reviewed loan applications for accuracy and completeness.
- Provided recommendations for approval or denial of loans in accordance with established guidelines and policies.
- Maintained accurate records of all underwriting activities within designated systems.
- Participated in training sessions designed to enhance knowledge base around underwriting practices.
Collections Associate/Credit Control Officer
RANK CAPITAL (MONI)
06.2022 - 12.2024
- Ensuring 99% collections rate and Minimizing Roll Rates
- Reviewing of Loan Portfolio and Reducing Non-Performing loans owed to the organization
- Mapping out strategy to Restructure and Rehabilitate Bad loans owed to the organization
- Negotiating payment plans with customers
- Initiating Demand Letters to defaulting customers
- Preparation of approval request to the management for Negotiated settlements and follow up until fully Paid
- Updating customers credit report on the CRC Credit Portal
- Preparing collections and Recovery Reports to the Team Lead
- Ensured over 90% Collection Rate
- Reduced non-performing loans owed to the Organization by 60%
Credit Rehabilitation Officer
STANBIC IBTC BANK
08.2021 - 05.2022
- Rehabilitate customers account in arrears in the pre lock categories
- Action allocated accounts via various collection medium with the aim of regularizing account to minimize account rolling forward into more serious delinquent categories
- Reduce non-performing loans owed to the organization
- Negotiating meeting with customers who wants loan out options such as full and Final and Restructuring
- Preparation of approval request for Negotiated settlements and follow up until fully Paid
- Initiate demand letters to defaulting customers
- Ensured collections rate of 90% of accounts in the pre lock categories (1-30 days past due)
- Ensured over 60% of non-performing loan owed to the organization was collected
- Actively involved in restructuring and rescheduling meetings with customers
Credit Support Officer
KAYLOG ECONOMIC FREEDOM CAMPAIGN
01.2021 - 07.2021
- Responsible for collating information about potential customers
- Meeting with Applicants to determine loan needs
- Present loan approval or rejection to the Management
- Ensuring Timely collections of loans
- Analyzing and Reviewing collection and recovery strategy
- Ensured proper information were gathered before loan disbursement
- Ensured 90% collection rate
- Actively involved in helping the organization achieve 80% recovery on her overall loan portfolio
Administrative Officer/ Field Officer
MINISTRY OF AGRICULTURE AND RURAL DEVELOPMENT
ABEOKUTA
11.2019 - 11.2020
- Company Overview: (NATIONAL YOUTH SERVICE CORPS)
- Keeping Administrative files safe and Secure
- Attend Departmental meeting and taking minute
- Make necessary equipment available for field operations
- (NATIONAL YOUTH SERVICE CORPS)
- Ensure all documents were well keep and organize
- Ensure all field equipment are all ready for use
Education
Bachelor of Agriculture - Second Class Honors
University of Ilorin
Ilorin, Kwara State10.2019
West African Examination Certificate -
Kiriji Memorial College
Igbajo, Osun State06.2011
First Leaving School Certificate -
C.A.C Primary School
Ilesa, Osun State09.2004
Skills
- Risk assessment
- Financial analysis
- Loan underwriting
- Regulatory compliance
- Credit evaluation
- Collections strategy
- Customer negotiation
- Team collaboration
- Credit risk mitigation
- Loan structuring
- Time management
- Attention to detail
- Problem solving
- Debt restructuring
- Credit decision making
Hobbies and Interests
- Reading
- Traveling
- Watching Soccer
References
Available on Request
Training Undertaken
- Risk Assessment training
- Jobber-Man soft skills (Communication and Negotiation)
- Improving Customer Service
- Microsoft Word, Excel and PowerPoint Training
Certification
- Associateship, Chartered Institute of Bankers (in view)
Languages
Yoruba
First Language
English
Intermediate (B1)
B1
References
References available upon request.
Timeline
SENIOR APPROVER/ SECOND LEVEL CREDIT UNDERWRITER
Union Bank
01.2025 - Current
Collections Associate/Credit Control Officer
RANK CAPITAL (MONI)
06.2022 - 12.2024
Credit Rehabilitation Officer
STANBIC IBTC BANK
08.2021 - 05.2022
Credit Support Officer
KAYLOG ECONOMIC FREEDOM CAMPAIGN
01.2021 - 07.2021
Administrative Officer/ Field Officer
MINISTRY OF AGRICULTURE AND RURAL DEVELOPMENT
11.2019 - 11.2020
Bachelor of Agriculture - Second Class Honors
University of Ilorin
West African Examination Certificate -
Kiriji Memorial College
First Leaving School Certificate -
C.A.C Primary School