SME Officer at Spectrum Microfinance Bank

Job Brief

• SME Loan Officers at SpectrumMicrofinance Bank are responsible for the evaluation and processing of small and medium scale enterprise loans and act as liaison between customers and the organization while helping qualified applicants acquire loans in a timely manner.

Job Description

• Market loan products and process loan applications for small-to-medium enterprise.
• Interview loan applicants to determine financial eligibility and feasibility of repayment of loans.
• Determine all applicable ratios and metrics and set up loan payment plans.
• Complete loan contracts and counsel clients on policies and restrictions.
• Opening loan applications Conducting loan analysis by visiting the business and household of clients.
• Visiting the business /employer of guarantors and preparing a complete loan assessment according to the bank’s credit procedures.
• Presenting loan proposals to the credit units and informing the client about the decision of the credit units.
• Ensuring punctual repayments of acquired loans from clients, contacting and visiting all parties based on needs
• Ensuring high quality standards of the bank’s credit portfolio.
• Ability to meet and exceed targets while actively working to increasing business portfolio and client’s base.

Key Requirements

• Minimum of B.Sc. or its equivalent in Marketing or related field.
• 2 - 3 years cognate experience from a reputable Microfinance Bank.
• Sound Risk Management experience.
• Good knowledge of Lagos Island and Mainland markets.
• Ability to disburse SME loans in large volumes without default.
• Experienced in repayment tracking and loan collection without a day default.

Skills:

• Detailed and target oriented.
• Excellent team spirit and communications skills.
• Excellent Human Relations and Inter-personal skills.
• Goal oriented.

Salary
Very Attractive (With Incentives and Commission).