We are recruiting to fill the position below:

Job Title: Loan Officer.

Slot: 5

Employment Type: Full-time

Job Description
• Market loan products and process loan applications for a small enterprise.
• Interview loan applicants to determine financial eligibility and feasibility of repayment of loans
• Presenting loan proposals to the credit units and informing the client about the decision of the credit units
• Ensuring punctual repayments of acquired loans from clients, contacting and visiting all parties based on needs
• Ability to meet and exceed targets while actively working to increasing business portfolio and client base.
• Complete loan contracts and counsel clients on policies and restrictions
• Opening loan applications Conducting loan analysis by visiting the business and household of clients
• Visiting the business /employer of guarantors and preparing a complete loan assessment according to the bank’s credit procedures

Key Requirements
• BSC, HND, OND, in Marketing or related field.
• Ability to disburse Microloans in large volumes without default
• Experienced in repayment tracking and loan collection without a day default
• Minimum of 2 – 3 years cognate experience from a Microfinance Bank.
• Sound Risk Management experience.

Method of Application

Interested and qualified candidates should send their CV to: tayomartins82@gmail.com using the “Loan Officer” as the subject of the email.

Note: Applicants should reside around Ile-Epo, Abule Egba, Ijaiye or Alakuko.

Application Deadline

26th August, 2021

I just got this type of loan officer job here in Kwara. I am not sure I want to do it because I am scared of running into debt.. Can anyone Share his or her experience with this job?

Rhema04:
I just got this type of loan officer job here in Kwara. I am not sure I want to do it because I am scared of running into debt.. Can anyone Share his or her experience with this job?

1. Don't be a guarantor to any client no matter how desperate you are.
2. Make sure your client are shop owners.
3. Confirm your clients guarantor's.
4. Don't postpone meeting your clients for loan repayments.
5. Don't overlook a day breach of loan repayment.

Rhema04:
I just got this type of loan officer job here in Kwara. I am not sure I want to do it because I am scared of running into debt.. Can anyone Share his or her experience with this job?

How will you run into debts working for a loan Company??
Just ensure you don't pilfer company funds.
Don't arrange for clients to take loans if they are not qualified.
Dont be too friendly with clients.. Maintain professional relationships.
Do proper due deligence and referencing.

There is a whole lot to advice you on but.. Read below... Very important

I am sure you would be taught the company's credit policies, processes and work ethics.. Strongly adhere to it.

Lastly... Enjoy the job while doing it.. You will learn a lot from it and experience humans true nature..

Also.. Ask questions from staff how your new company treats it's employees..

This is Me...speking from 8 years experience in the loan, credit and recovery industry.. Working with top mfbs and finance houses in Nigeria..