Experience SME and Project Finance Officer Job at Spectrum Microfinance Bank

Spectrum Microfinance Bank is a customer-centric retail financial institution driven by technology; licensed by the Central Bank of Nigeria (CBN) to support economic growth and development through microfinancing. Spectrum Microfinance Bank offers savings, loan, and investment opportunities to a wide range of customers with the aim of creating self-sufficient individuals and sustainable businesses.

We are recruiting to fill the position below:

Job Position: Experience SME and Project Finance Officer
Job Location: Lagos Mainland, Lagos
Employment Type: Full-time

Job Summary

• Experienced SME Officer at of the Bank will be responsible for setting the strategic agenda for SME.

Job Description

• SME Loan Officer is responsible for processing loan applications for SME and corporate clients, as well as monitoring the loan portfolio.

Duties and Responsibilities

• Prospect new SME clients and assists them with loan applications.
• Has the ability to analyze and interpret financial statements of the business in order to access the repayment capacity and financial soundness of the borrower.
• Conducts loan appraisals and collects detailed information (personal, business, and guaranties) and arranges to open a new loan account.
• Prepares and executes loan contracts and arrange for disbursement of loan in kind.
• Have good knowledge about guidelines of the regulatory body and be able to prepare loan reports for internal and external use.
• Monitors the loan and follows up on the timely repayment.
• Maintain contact and maintain good relationships with clients.
• Ensure full compliance with all in-place.
• Any other task as assigned by the Head of Department.

Skills and Specifications

• Bachelor's Degree in Banking & Finance or Accounting
• At least 1-2 years prior experience in the credit/SME department from a Microfinance bank.
• Organisational and time management skills.
• Ability to work effectively in a team environment.
• Negotiation and internal relationship building.
• Sound written and verbal English communication skills.
• Advanced computer skills (MS Word, Excel, PowerPoint).
• Analysis and reporting skills.
• Problem-solving and decision making.

Other Requirements:

• Good understanding of business processes.
• Ability to communicate and maintain good relations with the client.
• Good presentation skills and excellent courteous attitude; social concern.
• Ability to work in confidentiality; ability to work in the field.

Salary
Very Competitive and attractive with Incentives.

Method of Application
Interested and qualified candidates should send their CV to: careers@spectrummfb.com using the Job position as the subject of the email.

Note: Only shortlisted candidates will be contacted.