Loan Officer

Responsibilities:

Source and acquire new customers who require loans and other financial services. Explain loan products, eligibility requirements, terms, and repayment conditions to customers. Receive, review, and process loan applications and supporting documents. Conduct customer, business, residence, and employment verification. Assess customers' creditworthiness and ability to repay loans. Conduct field visits to customers' businesses and residences when required. Prepare accurate loan assessment and recommendation reports. Ensure all required documentation is complete before loan disbursement. Build and maintain strong relationships with existing and prospective customers. Monitor assigned loan portfolios and follow up on repayment schedules. Identify customers at risk of default and escalate concerns appropriately. Work closely with the Collections/Recovery and Operations teams to minimize loan delinquency. Maintain accurate and up-to-date customer and loan records. Achieve assigned monthly loan acquisition, disbursement, and portfolio quality targets. Ensure compliance with the bank's lending policies, procedures, and regulatory requirements.

Requirements:

Minimum of OND, HND, or Bachelor's Degree in Finance, Accounting, Economics, Business Administration, Banking & Finance, or a related field.

1–3 years of experience in lending, credit, microfinance, fintech, banking, sales, or a related role is an advantage. Strong knowledge of loan assessment and customer verification processes. Excellent communication, negotiation, and interpersonal skills. Strong customer acquisition and relationship management skills. Ability to work effectively in a target-driven environment. Good analytical and decision-making skills. Strong attention to detail and ability to assess customer information accurately. Must be comfortable with field visits and customer engagement. Good knowledge of Ikorodu and surrounding areas is an advantage. High level of integrity, professionalism, and accountability.

What we offer:

Competitive salary

Performance-based incentives

HMO/Health Insurance

Training and professional development opportunities

Team bonding activities

Supportive and performance-driven work environment

Opportunity to grow your career in the financial services industry