Business Officer at Bosak Microfinance Bank Limited

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
3 hours ago

Additional Details

Job ID
148840
Job Views
23

Job Description






Job Description




  • Approve loan applications within specified approval limits and refer applications outside approved limits to management for further approval.

  • Meet with loan applicants to obtain required information and respond to inquiries regarding the loan application process.

  • Analyze applicants’ financial status, credit history, and collateral/property valuations to determine loan feasibility.

  • Explain available loan products, credit options, and applicable terms and conditions to customers.

  • Obtain, verify, and compile loan applicants’ credit histories, corporate financial statements, and other relevant financial documentation.

  • Review, update, and maintain accurate credit and loan files in line with internal policies and regulatory requirements.

  • Ensure compliance with credit policies, risk management guidelines, and regulatory standards.

  • Provide periodic reports on loan portfolio performance as required.

  • Field picking up of loans.



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