• Application Deadline:
• Position: Loan Monitoring Officer


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 1 year


• Location Lagos


• Job Field Finance / Accounting / Audit 
  

Responsibilities:

• Monitor and analyze the performance of all loans in the portfolio.


• Identify and track delinquent accounts to minimize losses.


• Maintain accurate records of all loan accounts.


• Conduct regular risk assessments of the loan portfolio.


• Identify potential risks and recommend mitigation strategies.


• Ensure compliance with internal policies and regulatory requirements.


• Prepare detailed reports on loan portfolio status for senior management.


• Analyze trends and provide insights to support decision-making.


• Develop and implement metrics to monitor loan performance.


• Communicate with borrowers to ensure timely loan repayments.


• Resolve issues related to loan payments and account status.


• Provide exceptional customer service to maintain positive borrower relationships.


• Ensure all loan documentation is complete and accurate.


• Maintain compliance with all relevant laws and regulations.


• Participate in internal and external audits as required.


• Identify areas for process improvement and recommend changes.


• Implement new procedures to enhance loan monitoring efficiency and effectiveness.

Qualifications:

• Bachelor’s degree in Finance, Accounting, Economics, or a related field.


• Professional certification in risk management or accounting is a plus.


• Minimum of 1 year of experience in loan monitoring, credit control, or a similar role.


• Strong analytical and problem-solving skills.


• Excellent communication and interpersonal skills.


• Proficient in Microsoft Office Suite (Excel, Word, PowerPoint) and loan management software.


• Attention to detail and high level of accuracy.


• Ability to work independently and as part of a team.

Preferred Skills:

• Experience in the financial services industry.


• Knowledge of loan management systems and financial analysis tools.


• Understanding of regulatory requirements and compliance standards.