Loan Officer Job at PrisDav Consulting

PrisDav Consulting - Our client, a Microfinance Bank (MFB), is recruiting suitable candidates to fill the position below:

Job Position: Loan Officer

Job Location: Apapa, Lagos
Direct Reporting line: the Branch Manager

Job Description


  • Promotes the Banks products and attract new business.
  • Ensure a very high portfolio quality. PAR must not be greater than 1.0%.
  • Participate in Branch expansion, brand management and business development activities in the Area.
  • Sensitize all Loan applicants on all aspects of the Loan program: procedure to apply, the terms and conditions, the incentives for good performance and penalties for default.
  • Conduct loan evaluations according to policies, procedures of the Bank and develop an accurate assessment of each client’s capacity & willingness to repay the requested loan.
  • Ensure an appropriate and capable guarantee is in place for all Credit appraisals.
  • Submit performance reports; daily, weekly, monthly on achievement of your target as it relates to approved KPI’s.
  • Frequent visitation of all customers for either initiating of new loans or identifying causes of delinquency.
  • Verification of the intending Borrowers to their residence and their Guarantors are essential.
  • Support the handling of customer’s complaints according to the different levels of authorization.
  • Ensure loans are considered and approved by Area Credit Committee (ACC& MCC) before disbursement.
  • Provide high-quality customer service and resolve complaints within 24hours.
  • Develop relationship with each client of the Branch to support their business success and cultivate loyalty.
  • Manage and recover all due repayments and escalate to immediate supervisor of all Borrowers that skip repayments.
  • Ensure that no case of fraud or suppression of cash occur within the Branch.
  • Carry out any other ad hoc jobs assigned to you from time to time.
  • Zero tolerance for service failure.
  • You may be place on stop and recover if your PAR get to 5% and above with related sanctions as prescribed in the Credit Policy.
  • The Bank frowns at handling of cash by Credit Officer.
  • All Repayments and payee must be through the NUBAN of the customer directly from their Correspondent Bank Account.
  • Your Performance shall be reviewed once in a month through the MPR system of the Bank.
  • If you meet your targets as achieve 80% are placed averagely your scores, you will be quarterly for incentives after 3 months on the job.

Requirements

  • Candidates should possess a B.Sc qualification.
  • 0 - 3 years of experience.
  • Applicant must reside around Boundary, Apapa

Salary
N75,000 - N100,000 monthly (gross pay)

Method of Application
Interested and qualified candidates should send their CV to: pdc@prisdavconsulting.com using "Loan Officer" as the subject of the mail.



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