Taiwo Aroyewun

TAIWO OLUWAKEMI AROYEWUN Ikeja, LAGOS | -, -|- LinkedIn : https://www.linkedin.com/in/taiwo-aroyewun-b EDUCATION Chartered Institute of Bankers of NigeriaVictoriaIsland, Lagos State Associate Chartered Banker (ACIB) August, 2022 Chartered Institute of Bankers of Nigeria Victoria Island, Lagos State Microfinance Certified Banker(MCIB) August,2019 Udemy San Francisco, United State Project Management December, 2018 Frankfurt School of Finance & Management Berlin, Germany Management Development Program April, 2018 Frankfurt School of Finance & Management Berlin, Germany Decision Making in Planning &Workflow Management September ,2015 Olabisi Onabanjo University Ago- Iwoye, Ogun State Bsc Accounting March, 2007 WORK EXPERIENCE AB Microfinance Bank Credit / Risk ManagerJun 2012 - Present Manage a team of Credit analysts and monitoring of loans to ensure compliance with laid down procedures and processes Ensuring compliance with Financial legislation and standards. ▪︎ Part of the management team that gives input in implementing new Credit policies and Risk mitigations geared towards the growth and sustainability of the Credit and Risk Management and processes Control and manage the Risk analysis, assessment and mitigation of customers businesses to minimise losses. Led the team responsible for the preparation of short-term and long-range plans and budgets based on broad organizational goals and growth objectives Carrying out KYC on customers and due diligence checks both on their businesses and Credit report rating to ascertain their creditworthiness. Work with customers to reconcile accounts,resolve issues and realign receivables for proper collection. Develop Credit and Risk framework for the team to manage customers exposure Successfully recovered more than N50M in overdue payments within 6 months of implementing new credit and collections policies Responsible for training and on the job coaching of employees on Credit and Risk analysis ▪︎ Maintain a working relationship with customers on sales, pricing and implementation of policies based on customer's needs ▪︎ Responsible for creating policies,risk limit and risk tolerance for each business type. AB Microfinance Bank Senior Loan OfficerSep 2009 - Jan 2012 Directed a team of analysts in the management of a N2.5B credit portfolio, resulting in a 5% delinquency rate. Successfully negotiated with clients to restructure payment plans on delinquent accounts, preventing write-offs and saving the company N4M annually. Led monthly meetings with clients to review account status and offer solutions for improvement, maintaining a 97% customer satisfaction rating. Reduced portfolio at risk by 10% through the implementation of daily tracking. Successfully completed 100% of loan applications within the required guidelines. Processed an average of 6 loan applications per day. Maintained a portfolio of 150 active clients with a delinquency rate of less than 2% World of Cosmetics Account Officer April 2009 - September 2009 Successfully increased the number of active accounts by 10% through proactive outreach and management. Managed a N50M portfolio, ensuring that all accounts were up to date and in good standing. Reduced late payments by 10% through the implementation of an automated invoicing system. Conducted daily reconciliation of all account activity and provided detailed reports to upper management. Reduced invoicing backlog by 80% through process improvement and automation Streamlined the purchase order process, reducing cycle time by 20%. Organized and processed orders from clients, ensuring accuracy and timeliness. Maintained up-to-date knowledge of products and services to provide information to customers. Resolved customer complaints in a professional and efficient manner. PROJECT EXPERIENCE AB Microfinance Bank Project Support Officer July 2019 - Till Date • Assist in the automation of the Credit Loan process including the use of Scoring engine tools which has yielded a growth in portfolio size with over N15 Billion and PAR reduction to less than 2% within the first 6months of Implementation. Managed Project in an Agile Environment Assist to maintain and constantly update the program/project plan, progress reports, resources, and budget plan Develop and maintain procedures, tools, and practices that systematically control revisions to the scope, schedule, and cost of the organization. Project documentation management and prompt communication with concerned parties. Assisted in developing the digital transformation of the Credit Process Provided administrative support to the project team, freeing up their time to focus on more important tasks. AB Bank Zambia Regional Financial Manager March 2012 - June 2012 Successful setting up the credit units and reviewing and updating the credit procedures and policy. Supervised staff and communicate performance expectations to each team member. Reviewed the Risk policy and procedures of the organization. Lead successful penetration of standard bank products to businesses in Zambia. Generates an average gross profit of 20 million Kwacha Monthly. Trained, coached, and mentored some staff that are now in different supervisory positions. Analyzed, reduced, and controlled expenses by improving resource allocation SKILLS Credit Analysis Communication Skills CustomerRelations Financial Analysis and Reporting Business Development Recruitment Training Risk Evaluation &Assessment Cost controlBudgeting & Control Commercial Loans Analytical Thinking Risk Reporting Project Management People management SKILLS & INTERESTS Skills: Microsoft Office (Excel, Word, PowerPoint), Business Analysis ; Agile Scrum Interests: I enjoy reading and listening to different types of music. I am also interested in traveling and I would like to experience diverse cultures from all over the world.