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.