Micro Loan Officer at Knowledgepool Consulting Limited

Responsibilities:

• Remain responsible for overall activities of minimum of 15 and maximum of 20 groups where each group consists of 5-30 members and the total number of members is 300-400
• Complete group formation in a new area within a maximum of 4-6 months after joining the bank
• Take initiative to collect weekly savings from the organized groups only after inclusion of the groups in the branch, that is after approval of the groups
• Oversee three to four groups per day, five days of the week except weekend and collect weekly savings and installments as per determined rates/rules
• Play an effective role in making groups effective
• Prepare disbursement plan in advance for disbursing credit to the organized groups and submit to the Branch Manager
• Disburse loans following the set rules, such as member’s age, savings, scheme etc. Remain responsible in case of any irregularities .Try to make proper utilization of credit
• Take the initiative immediately for collection of the installment whenever a member expresses his/her ability to repay the credit installment due to any special reason ;may be, through staying at the borrower’s house until recovery or arbitration, inform the Branch Manager instantly about the default, otherwise the Loan Officer will bear all the responsibilities
• Maintain savings and credit account related forms/registers correctly on a daily basis. Avoid alterations/corrections or use of white ink on the account related documents.
• Discharge special responsibilities assigned by the Branch Manager for the interest of the organization
• Sign regularly the attendance book cum movement register kept in the branch office
• Deposits the money collected from the groups savings, credit installment and insurance into their account with the bank and submit tell to the branch manager without any delay. keeping cash in hand and suppress cash is a punishable offence
• Refrain from defamation, instigation, scandalous activities against the organization otherwise punishment will be imposed if proved
• Fill up the loan application form, daily realizable and realized information sheet
• To perform any other duty assigned by management from time to time

Qualification required:

• Minimum of OND holders with 1-2 Experience in Microfinancing
• Must have at least 2 years’ experience in related functions.
• Problem solving and good negotiation skills is required
• Must possess high multitasking skills