Loan Officer at Neptune Microfinance Bank

Job Overview:

• We are seeking a diligent and experienced Loan Officer to join our growing team. The Loan Officer will be responsible for evaluating loan applications, assessing creditworthiness, and ensuring the timely disbursement and recovery of loans. The ideal candidate should have a strong understanding of financial products, excellent interpersonal skills, and a passion for helping individuals and small businesses achieve their financial goals.

Key Responsibilities:

• Evaluate loan applications and make credit decisions based on thorough analysis of financial information, credit reports, and loan documentation.
• Conduct thorough interviews with loan applicants to assess their financial situation, repayment ability, and credit risk.
• Recommend appropriate loan structures and terms based on applicant's financial status and loan purpose.
• Monitor and manage an assigned loan portfolio, ensuring timely repayment and proactive management of delinquencies.
• Provide exceptional customer service by addressing inquiries, resolving issues, and advising clients on financial matters.
• Collaborate with other departments to ensure compliance with regulatory requirements and internal policies.
• Actively participate in community outreach programs to promote financial literacy and microfinance services.

Qualifications:

• Bachelor’s degree in Finance, Economics, Business Administration, or related field.
• Proven experience as a Loan Officer or similar role in a microfinance institution or financial services organization.
• Strong knowledge of lending principles, credit analysis, and loan management.
• Excellent analytical skills with the ability to make sound credit decisions.
• Outstanding interpersonal and communication skills.
• Ability to work effectively in a team-oriented environment and independently with minimal supervision.
• Proficiency in using financial software and Microsoft Office Suite.

Preferred Qualifications:

• Experience working with diverse and underserved communities.
• Fluency in [local language] is a plus.

Benefits:

• Competitive salary commensurate with experience.
• Comprehensive benefits package including health insurance, retirement plan, and performance bonuses.
• Opportunities for professional development and career advancement within the organization.