Loan Officer Job in Lagos

We are a credit finance house that typically provides a range of financial services, including credit facilities, and We specialize in evaluating credit risk, managing loan portfolios, and offering financial solutions tailored to our clients' needs. With a focus on assessing creditworthiness and providing access to capital, we play a crucial role in facilitating economic growth and supporting financial stability within the community.

We are recruiting to fill the position below:

Job Position: Loan Officer
Job Location: Sabo Yaba, Lagos
Employment Type: Full-time

Key Responsibilities
Loan Product Knowledge and Sales:

• Understanding and explaining various loan products and credit facilities to potential borrowers.
• Assisting customers in choosing the appropriate loan type and terms for their needs.
• Promoting and selling loan products to achieve business goals.

Loan Processing and Management:

• Preparing loan proposals and documentation for review and approval.
• Ensuring that loan applications are processed accurately and efficiently.
• Monitoring loan accounts and following up on loan payments.
• Maintaining accurate and up-to-date loan files and records.

Client Relations and Compliance:

• Providing excellent customer service and building strong relationships with clients.
• Addressing client inquiries and concerns in a timely and professional manner.
• Ensuring compliance with all relevant laws, regulations, and company policies.

Evaluating Loan Applications:

• Gathering additional information from applicants to clarify details and address any concerns.
• Reviewing and assessing loan applications for individuals and businesses.
• Analyzing financial statements, credit reports, and other relevant documents to determine creditworthiness and loan feasibility.

Required Skills and Qualifications
Education:

• Bachelor's Degree in finance, business administration, economics, or a related field is generally required.

Experience:

• Previous experience in lending, banking, or a related financial industry is highly desirable.
• Experence in any of the following loan products is also required: SME loan, Public/Private sector loan, Travel loan, Micro Loan.

Skills:

• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• Proficiency in financial analysis and credit evaluation.
• Knowledge of loan products, regulations, and lending practices.
• Ability to build rapport and establish trust with clients.

Other:

• Attention to detail and accuracy.
• Organizational skills and ability to manage multiple tasks.
• Strong work ethic and ability to work independently and as part of a team.

Method of Application
Interested and qualified candidates should send their CV to: career@pennylender.com using the Job Position as the subject of the mail.