Loan Officer at Davo Dani MFB

Job Summary:

• The Loan Officer is responsible for evaluating, processing, and managing loan applications for small and medium-sized enterprises (SMEs). The role involves assessing creditworthiness, ensuring compliance with lending policies, maintaining strong client relationships, and mitigating risks while maximizing portfolio growth.

Key Responsibilities:

• Loan Origination & Assessment – Identify, evaluate, and process loan applications from SMEs, including credit risk analysis and due diligence.
• Loan Processing & Disbursement – Ensure accurate documentation and compliance with lending policies before loan approval and disbursement.
• Portfolio & Risk Management – Monitor loan repayments, manage non-performing loans, and implement recovery strategies.
• Client Relationship & Business Development – Build and maintain strong SME client relationships, provide financial advisory, and drive loan portfolio growth.
• Regulatory Compliance & Reporting – Ensure adherence to banking regulations and prepare periodic reports on loan performance.

Key Skills & Competencies

Technical Skills

• Strong knowledge of SME financing and risk assessment.
• Proficiency in financial statement analysis and cash flow projections.
• Good understanding of regulatory and compliance requirements in microfinance.
• Experience using loan management systems and banking software.

Soft Skills

• Excellent communication and interpersonal skills.
• Strong negotiation and persuasion abilities.
• High level of integrity and ethical standards.
• Analytical and problem-solving mindset.

Behavioral Attributes

• Proactive and self-motivated with a strong sense of responsibility.
• Ability to work independently and within a team.
• Resilient and capable of handling loan recovery challenges effectively.

Preferred Qualifications:

• Bachelor’s degree, HND in Finance, Accounting, Economics, Business Administration, or related field.
• 2–4 years of experience in credit analysis, loan processing, or SME lending in a microfinance or commercial bank.