Loan Officer Vacancy at Verite Microfinance Bank

Verite Microfinance Bank Limited is duly registered in the federal republic of Nigeria by the corporate affairs commission and licensed by the central bank of Nigeria as a deposit-taking financial institution.

Verite MFB takes pride in our strong, enthusiastic and youthful management team which gives us the ability to tirelessly go the extra mile and deliver financial services that is of highest standard to the unbanked.

We are recruiting to fill the position below:

Job Position: Loan Officer
Job Location
: Lagos
Job Description


  • Authenticate documentation presented for all credit applications and ensure they meet the KYC requirements and any other requirements as required by the regulators.
  • Responsible for identifying cross-selling opportunities and to refer such opportunities and leads to the Marketing Department.
  • Assist in the Restructuring of debts in the interest of the company and customer.
  • Analyze potential loan markets and develop referral networks to locate prospects for credit products.
  • Ensure compliance with the Company’s Credit policy, procedures and service level agreements.
  • Analyse financial data regarding loan requests for new, renewal and existing loans, including data provided by credit bureaus and other financial institutions files.
  • Prepares spread sheets, reports, summaries and opinions for financial institutions officers on new, renewal and existing loans.
  • Make recommendations for credit rating.

Required Qualifications

  • Candidates must be SSCE/OND Holders
  • Must possess minimum of 2 years microfinance experience
  • Candidate must be result-oriented.
  • Group loan experience is compulsory.

Application Ends on..
6th November, 2017.

Application Method 
Interested and qualified candidates should send a word document version of their CV's to: career@veritemfb.com

Note: Please do not bother to apply if you do not meet the above stated criteria.