• Application Deadline: Tue, 8 Feb 2022 00:00:00 GMT
• Position: Loan Monitoring Intern


• Job Type Full Time


• Qualification First School Leaving Certificate , Secondary School (SSCE)



• Experience 1 years max


• Location Lagos


• Job Field Finance / Accounting / Audit  , Internships / Volunteering 
  

Job Summary

• The Loan Monitoring Intern is responsible for the loan monitoring functions. The job holder monitors the portfolio, identifies accounts due for collection and ensure timely loan repayment by placing calls across to concerned customers.

Job Responsibilities

• Provides daily / weekly collection / payment schedules to customers and the marketing team while ensuring prompt and timely repayments as per schedule


• Identify and escalate repayment irregularities for further management action


• Evaluate product performance through collection and data analysis


• Provides support to the legal, recovery, marketing and compliance department on Non-performing loans


• Call, visit and send periodic reminders to loan customers on scheduled repayments.


• Conduct post disbursement spot checks on customers to confirm loan performance and utilization.


• Monitoring defaulters' repayments to stop recurrent non-compliance.


• Follow up with account officers to reconcile payments received and real time transaction postings


• Responsible for achieving monthly PAR target


• Negotiate payment plans with defaulters.

Job Requirements

• SSCE or OND in any field with 0-1 year work experience


• Strong Communication skills


• Ability to work with Microsoft office suites


• Good attitude towards work.