Management Trainee Program (Consumer Lending) at Careers Verified

The Consumer Lending Management Trainee Program is designed to develop high-potential graduates into future leaders in retail and consumer lending. Trainees will gain hands-on experience across key lending functions including loan origination, credit analysis, risk management, collections, sales, and customer experience.

Key Responsibilities

Lending & Credit Operations

• Support the end-to-end consumer loan process: sourcing, appraisal, approval, disbursement, and monitoring
• Assist in evaluating customer creditworthiness using income analysis, credit bureau reports, and risk scoring tools
• Prepare and review loan documentation in line with internal policies and regulatory requirements

Sales & Relationship Management

• Support consumer loan sales initiatives across products such as personal loans, salary loans, auto loans, and digital lending products
• Engage customers to understand financing needs and recommend appropriate lending solutions
• Build and maintain strong relationships with internal and external stakeholders

Risk & Compliance

• Ensure adherence to credit policies, lending limits, and regulatory guidelines
• Assist in monitoring portfolio performance, delinquency trends, and early warning signals
• Support loan recovery and collections activities where required

Data, Reporting & Analysis

• Analyze loan performance data and prepare management reports
• Track key lending KPIs including approval rates, portfolio growth, and non-performing loans
• Support process improvement initiatives through data-driven insights

Learning & Development

• Participate in structured classroom training, on-the-job learning, and mentorship programs
• Complete periodic assessments and project assignments
• Rotate across consumer lending units and branches as assigned

Key Requirements

Educational Qualification

• Bachelor’s degree in Finance, Economics, Accounting, Business Administration, Banking, or related fields
• Minimum of Second Class Upper (or equivalent)

Experience

• 0–2 years of work experience (NYSC completed or in progress)

Skills & Competencies

• Strong analytical and numerical skills
• Good understanding of basic financial concepts
• Excellent communication and interpersonal skills
• High ethical standards and attention to detail
• Proficiency in Microsoft Excel and basic data analysis
• Willingness to learn and work in a fast-paced environment