Loan Officer

Responsibilities:

Loan Sourcing and Business Development:

• Identify and source potential loan clients.
• Market the bank’s loan products to individuals, SMEs, and groups.
• Build and maintain strong relationships with customers.
• Achieve assigned loan and deposit targets.
• Conduct field visits to meet prospective clients.

Loan Processing and Documentation:

• Assist clients in completing loan application forms.
• Ensure proper documentation and KYC compliance.
• Collect and verify supporting documents.
• Prepare loan files for approval and disbursement.
• Ensure loan agreements and guarantor forms are properly executed.

Loan Monitoring and Recovery:

• Monitor loan repayment performance.
• Follow up on due and overdue loans.
• Ensure timely loan recovery and collection.
• Reduce Portfolio at Risk (PAR) and Non-Performing Loans (NPL).
• Visit clients regularly to monitor business performance.

Credit Appraisal and Assessment:

• Conduct proper client screening and credit evaluation.
• Analyse customer business, cash flow, and repayment capacity.
• Carry out background checks and due diligence.
• Ensure all loan applications meet the bank’s credit policy.
• Prepare credit appraisal and recommendation reports.

Customer Relationship Management:

• Maintain regular communication with clients.
• Provide financial guidance and support to borrowers.
• Address customer complaints and inquiries.
• Build long-term relationships with customers.

Requirement:

• 2-3 years experience
• Minimum qualification of a degree

Remuneration: NGN 200,000 -300,000 Monthly