Group Loan Manager at Baobab Micro Finance Bank

Job Descriptions

• Baobab holding has over 4 000 employees over 10 countries to offer financial services to more than 980 000 clients through their network of more than 235 branches.
• To make sure Baobab achieves his mission to improve the daily life of their clients, they want to offer more than only financial services by leveraging their current experiences and network in the countries it’s operating currently.
• Hence, Baobab holding introduced a new department; Baobab+. This department is dedicated to distribute non-financial products in the African markets addressing the challenges in the daily life of the clients and their family’s.
• Access to proper
• Access to proper and reliable energy,
• Digital inclusion.

Major Responsibilities

• To build up group loan business within a designated market.
• Promotes group lending
• To monitor the performance of the Group loan.
• Provides operational guidance to group loan officers and approves requests for loans beyond the officers approval limits.
• Responsible in the implementation of the group loan product to Baobab branches and develop the product based on market need and market change
• Personally handles the most complex loans and most difficult credit approvals.
• Provides input to strategic decisions that affect the functional area of responsibility.
• Responsible for overall group loan operations management and supervision of the group loan operations staff. This includes boarding, servicing, accounting and reporting functions for the bank’s group loan portfolio, which includes consumer, commercial, mortgage and lease transactions.
• Will design and administer system processes and procedures to ensure accurate and timely processing.
• Responsible to lead, train and supervise the operations staff to ensure department meets organizational goals.
• Responsible for audit of group loan operation activity reviews daily reports for accuracy, and responsible for monthly and/or quarterly reports as required.

Education/Experience

• University degree in Business Administration, Management or General Economics
• Certification in Microfinance banking (preferred)
• Prior experience in Microfinance banking and Group Lending
• Must have adequate knowledge of the market terrine of Abuja and Kaduna
• Minimum 8 years general banking experience with at least 5 years’ experience on Group Lending
• Must have hands-on experience in Credit Analysis &; Administration, Sales, Relationship Management, Customer Service, commercial and product development functions of a commercial bank at managerial level.
• Past experience (highly valuable)

Requirements

• Ability to work in synergy and harmony with the branches ( BM ) for the continuous success of the product.
• To maintain a high level of productivity and keep a very low level of risk for financial viability and sustainability of the product.
• Communicates with bank management to promote efficient and accurate workflow while also establishing positive working relationships.
• Ensure lending staff is provided with updates and procedural changes.
• Adheres to all State and Federal Banking Regulations on group lending,
• Receive and research new regulations, policies and procedures and implement them.
• Staying current on compliance and regulations by attending seminars and reading available information.
• Ensure necessary changes or recommendations have been implemented as directed.
• Successfully interact with group loan operation staff to improve accuracy and efficiency
• Maintains the highest level of confidentiality with all information obtained where necessary.
• Meets expectations for attendance and punctuality.
• Perform other related work and duties as assigned.

Required Skills:

• Excellent computer skills
• Analysis skills
• Excellent decision-making, problem-solving and ability to multi-task in a fast pace environment
• Ability to analyze and calculate figures and amounts on complex loan transactions
• Required knowledge of Operations
• Entrepreneurial / Focused
• Rigorous and disciplined
• Good interpersonal skills
• Attention to detail, organizational skills and discretion with confidential material
• High Integrity