Loan Officer at Mayfair Microfinance Bank Limited

Location: Ojuelegba - Surulere, Lagos

Job Description

• Source for new clients through promotion and assist prospect clients with loan applications.
• Preparation and presentation of loan proposals to credit and risk assessment committee.
• Portfolio management with full responsibility for its growth and quality (monitoring of disbursed Loans, follow up on timely repayment, initiating and leading recovery activities, etc.).
• Effective relationship management through high client satisfaction, reaching a high ratio of revolving clients.
• Collection of detailed information (personal, business, and guarantees) in preparation of loan proposals as well as thorough evaluation and assessment of loan applications.
• Analyzing and interpreting financial statements of businesses, to access the repayment capacity and financial soundness of the loan applicants.

Educational and Other Requirements

• Minimum of a B.Sc / HND from a reputable University / Polytechnic.
• Minimum of 2 years of work experience in a Microfinance bank as a Loan Officer.
• Excellent written and verbal communication skills.