Loan Administrator at SENCE Nigeria

Roles and Responsibilities
The following are the roles and responsibilities of this role:

• Review all Loan documents prior to Funding
• Verification of Internal Credit Approvals and Loan Covenants
• Review, Certify and Safeguard all Collateral/Document Submission in accordance with RESOLUTION FINANCE LIMITED Loan operation policy/process manual
• Maintain Collateral Inventory and accurate accounting of all activities
• Identify and Register Loan Repayments ensuring correct application of Funds and summary ledger
• Maintain orderly physical Loan files with copies of critical documents justifying the entries in the loan accounts as well as correspondence with the borrowers and other departments within the RFL
• Prepare, on a regular basis, draft correspondence to Borrowers providing information on their arrears and sanctions position indicating their negative implication both on the Borrowers and RFL
• Verify the bi-monthly arrears position of Borrowers, and monitor system for prompt identification and processing of overdue loan repayments.
• Interest income recognition as well as other necessary accounting ledgers to be maintained.
• Perform other related duties as assigned

Skill Set

• Ability to communicate effectively
• B.Sc degree in Business Administration, Accounting, Finance, Economics or equivalent experience;5+ years experience in financial industry. Professional qualification would be an added advantage
• Must be service oriented
• Good complex solving skills
• Time management skills
• Negotiation skills
• Must be an active listener
• Strong judgment and decision making skills
• Work experience: 5-8 years