Vacancy For Loan Officer In A Reputable Microfinance Bank

Smart Partners Consulting - Our client, a Micro Finance Bank, seeks to hire qualified candidates to fill the position below:     Job Title: Loan Officer Location: Lagos Job Summary

• Candidates who will evaluate, authorize, or recommend approval of credit loans, Advise borrowers on financial status and methods of payments.

• Market bank products to individuals and firms, promoting bank services that may meet customers' needs.
• Review loan agreements to ensure that they are complete and accurate according to policy.
• Stay abreast of new types of loans and other financial services and products in order to better meet customers' needs.
• Submit applications to credit analysts for verification and recommendation.
• Handle customer complaints and take appropriate action to resolve them
• Negotiate payment arrangements with customers who have delinquent loan
• Analyze potential loan markets and develop referral networks in order to locate prospects for loans.
• Meet with applicants to obtain information for loan applications and to answer questions about the process.
• Evaluation of loan applications and preparation of loan proposals
• Monitoring of disbursed loans and loans in arrears
• Assuring long term relationship through high client satisfaction, reaching a high ration of revolving clients
• Analyze applicants' financial status, credit, and property evaluations to determine feasibility of granting loans.
• Explain to customers the different types of loans and credit options that are available, as well as the terms of those services.
• Obtain and compile copies of loan applicants' credit histories, corporate financial statements, and other financial information
• Review and update credit and loan files.

• Minimum educational qualification of B.Sc./HND
• Basic knowledge of Financial mathematics & Accounting
• Minimum of 2years working experience as a loan Officer in any micro finance bank
• Dynamic and motivated individuals who like to work outdoor
• Excellent analytical skills
• Applicants must be based within Lagos Island and environ.