• Application Deadline:
• Position: Loan Officer



• Job Type Full Time



• Qualification OND



• Experience 1 - 2 years



• Location Rivers




• City Port Harcourt




• Job Field Finance / Accounting / Audit 
  
  

Job Summary

• The Loan Officer is responsible for the entire loan lifecycle, from initial client assessment and loan application processing to disbursement, monitoring, and recovery.


• The role requires strong analytical, interpersonal, and communication skills, as well as a deep understanding of credit risk and lending policies.

Key Responsibilities

• Actively source and acquire new clients within the target market.


• Build and maintain strong relationships with existing clients.


• Conduct thorough client interviews and needs assessments.


• Educate clients on loan products, terms, and conditions.


• Collect and analyze client financial information, including income statements, balance sheets, and cash flow projections.


• Assess creditworthiness and determine loan eligibility based on established criteria.


• Prepare loan applications and supporting documentation.


• Present loan applications to the Credit Committee for approval.


• Disburse approved loans to clients in accordance with bank policies and procedures.


• Monitor loan performance and ensure timely repayments.


• Implement appropriate recovery strategies for delinquent loans.


• Initiate legal action for non-performing loans as necessary.


• Maintain accurate and up-to-date client records.


• Ensure compliance with all relevant banking regulations and internal policies.


• Prepare regular reports on loan portfolio performance.


• Participate in training and development programs to enhance skills and knowledge.

Qualifications

• High school diploma from a reputable institution


• 1-2 years of experience in microfinance lending or a related field.


• Strong analytical and problem-solving skills.


• Excellent communication and interpersonal skills.


• Proficiency in Microsoft Office Suite.