SME Officer at ACCION Microfinance Bank

Job Responsibilities

• Ensure accurate loan evaluations, the efficient follow-up of arrears, and the provision of strong client service.
• Maintain up-to-date client records and reports.
• Build and maintain a portfolio of quality clients rapidly and consistently to reach target portfolio within assigned period.
• Liaise with community organizations, business associations, and individual entrepreneurs
• Identify potential clients
• Sensitize potential clients on all aspects of the loan program: procedures to apply, the terms and conditions, the incentives for good performance, and penalties for late repayment and default.
• Develop an accurate evaluation of each client's capacity and willingness to repay the requested loan.
• Correctly complete loan application and evaluation process.
• Arrange and undertake business site visits
• Verify and cross-check all information relevant to the loan application and evaluation.
• Ensure an appropriate guarantee is in place and is documented.
• Determine and present loan terms and conditions to the credit committee.
• Participate in credit committees and providing input on other members? loan proposals.
• Prepare and present own loan proposals to the credit committee.
• Develop a relationship with each client to support the business's success and cultivate loyalty.
• Monitor client business progress to identify any potential problems
• Offer suggestions and referrals where appropriate and within company policy
• Demonstrate concern and build client rapport.
• Implement late repayment recovery procedures of Accion MfB
• Achieve and maintain targets on portfolio at risk and loan loss
• Emphasize the importance of on-time repayment with clients
• Monitor repayment reports daily and client behavior patterns.
• To be knowledgeable and known in the assigned geographic zone.
• To build rapport within the community, business associations and leaders
• To be known and visible in the community
• To have the goodwill of the community towards Accion MfB.
• Provide support to peers and others within Accion MfB in uplifting its values and policies.

Qualification & Experiences

• A minimum of HND or BSC in Business, Banking, Finance, Accounting, Economics, and/or related fields.
• Must have completed NYSC
• Minimum 4 years? experience with at last 2 years in microfinance lending
• Experience in a credit of the financial service industry will be an added advantage.

Key Performance:

• Ability to assess the character of potential clients
• Ability to develop strong financial analysis skills
• Independent worker; honest and of high integrity
• Strong interpersonal skills

Required Knowledge:

• Understand the local area where they are working
• Computer literacy