Account Officer at ACCION Microfinance Bank

Loactions: Abuja,Lagos, Ogun, Ondo, Anambra, Edo, Delta, Rivers, Kano, Abia & Akwa Ibom

Job Responsibilities

• Build and maintain portfolio of quality clients rapidly and consistently to reach target portfolio within assigned period.
• Liaise with community organizations, business associations, and individual entrepreneurs;
• Identify potential clients;
• Sensitize potential clients on all aspects of the loan program: procedures to apply, the terms and conditions, the incentives for good performance, and penalties for late repayment and default.
• Develop an accurate evaluation of each client?s capacity and willingness to repay the requested loan.
• Correctly complete loan application and evaluation process
• Arrange and undertake business site visits;
• Verify and cross-check all information relevant to the loan application and evaluation;
• Evaluate the willingness and capacity to repay of the client;
• Ensure an appropriate guarantee is in place and documented;
• Determine and present loan terms and conditions to credit committee.
• Participate in credit committees providing input on other members? loan proposals;
• Provide support to peers and others within Accion MfB in uplifting its values and policies.

Qualification & Experiences

• A minimum of HND or BSC in Business, Banking, Finance, Accounting, Economics, and/or related fields.
• Must have completed NYSC
• Understand the local area where they are working
• Strong interpersonal skills
• Ability to develop strong financial analysis skills
• Ability to assess character of potential clients
• Computer literacy
• Independent worker; honest and of high integrity
• Experience in credit of financial service industry will be an added advantage.

Key Performance:

• Prepare and present own loan proposals to credit committee.
• Develop relationship with each client to support the business success and cultivate loyalty.
• Monitor client business progress to identify any potential problems;
• Offer suggestions and referrals where appropriate and within company policy;
• Demonstrate a concern and build client rapport.
• Implement late repayment recovery procedures of Accion MfB;
• Achieve and maintain targets on portfolio at risk and loan loss;
• Emphasize the importance of on-time repayment with clients;
• Monitor repayment reports daily and client behavior patterns.

Required Knowledge:

• Become knowledgeable and known in the assigned geographic zone.
• Build rapport with community, business associations and leaders;
• Be known and visible in the community;