• Application Deadline: Fri, 5 Apr 2024 00:00:00 GMT
• Position: SME/Retail Loan Officer


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 2 - 5 years


• Location Lagos


• Job Field Banking  , Sales / Marketing / Retail / Business Development 
  


• Salary Range ₦200,000 - ₦300,000/month
  

Job Details

Loan Application Processing:

• Receive and review loan applications submitted by SME clients.


• Analyze financial statements, credit reports, and other relevant documents to assess the creditworthiness of applicants.


• Conduct risk assessments and make recommendations regarding loan approvals or rejections based on established criteria.

Client Relationship Management:

• Develop and maintain strong relationships with SME clients, understanding their business needs and financial requirements.


• Provide guidance and advice to clients on suitable loan products and financial solutions.


• Address client inquiries, concerns, and requests promptly and professionally.

Credit Underwriting:

• Evaluate loan applications to determine the appropriate loan amount, interest rates, and repayment terms.


• Assess the risk associated with each loan application and ensure compliance with lending policies and regulations.


• Collaborate with credit risk management teams to mitigate potential risks and ensure the quality of the loan portfolio.

Loan Documentation and Compliance:

• Prepare and review loan documentation, ensuring accuracy and completeness.


• Verify the authenticity of collateral and other security provided by borrowers.


• Ensure compliance with regulatory requirements, internal policies, and procedures throughout the loan origination process.

Portfolio Management:

• Monitor the performance of existing loan portfolios, including repayment schedules and outstanding balances.


• Identify and address any delinquencies or defaults, implementing appropriate remedial actions as necessary.


• Conduct regular reviews and assessments of client accounts to identify opportunities for upselling or refinancing.