Vacancy: Credit Officers

Job Description

A reputable Tier-2 Microfinance Company seeks qualified personnel for immediate employment.

Duties and Responsibilities:

• Interview/screen prospective clients and guide them through the application process ensuring that all required documentation is provided by the client. 


• Perform pre-qualification assessment including visits to the client’s place of business.


• Prepare appraisal reports for client’s loan requests.


• Communicate loan approval or denial to the client and facilitate the disbursement process.


• Maintain credit/loan files to ensure that files are complete (application letter, appraisal form and report, loan approval letter, documentation of security, repayment schedule and monitoring and recovery reports.)


• Undertake field visits, prepare reports and generate new business.


• Provide technical advice and manage useful and practical information for the benefit of customers.


• Ensure a healthy and quality loan portfolio.


• Responsible for the growth of the loan portfolio.


• Monitor credit performance of clients including status of payments and conditions of the clients’ business on a monthly basis.


• Market the institution’s loan products to clients and build and maintain client relationships educating them on any new products and services.


• Prepare weekly and monthly performance reports and to ensure correct classification and provisioning for loans and advances.


• Perform all other duties as may be assigned from time to time.

Remuneration: Basic Salary (Plus Commission)

Required Skills or Experience

• Minimum Diploma/HND/First Degree in any Discipline


• Minimum of 2 years’ working experience in a similar position in a Tier-2 Microfinance Institution


• Excellent communication skills (written and verbal)


• Energetic, flexible, collaborative and a team player


• Strong problem solving skills


• Quality oriented with eye for details


• Ability to multitask and work within deadlines


• Highly motivated professional with the highest level of integrity


• Proficiency in Microsoft Office Suite including Excel, Word, PowerPoint and Outlook