Loan Officer at Excel and Grace Consulting

Excel and Grace Consulting is a key player in financial & business consulting, providing financial advisory services to people and organizations in Nigeria. Endowed with seasoned Consultants in Human Capital Development, Business Development, Accounting, Operations Management, Project management, Banking, Marketing, Brand Development, and so many other fields, Excel and Grace has adequately positioned itself as a solution provider.

We are recruiting to fill the position below:

Job Title: Loan Officer

Location: Port Harcourt, Rivers
Employment Type: Full-time

Job Summary

• The Loan Officer is responsible for the entire loan lifecycle, from initial client assessment and loan application processing to disbursement, monitoring, and recovery.
• The role requires strong analytical, interpersonal, and communication skills, as well as a deep understanding of credit risk and lending policies.

Key Responsibilities

• Actively source and acquire new clients within the target market.
• Build and maintain strong relationships with existing clients.
• Conduct thorough client interviews and needs assessments.
• Educate clients on loan products, terms, and conditions.
• Collect and analyze client financial information, including income statements, balance sheets, and cash flow projections.
• Assess creditworthiness and determine loan eligibility based on established criteria.
• Prepare loan applications and supporting documentation.
• Present loan applications to the Credit Committee for approval.
• Disburse approved loans to clients in accordance with bank policies and procedures.
• Monitor loan performance and ensure timely repayments.
• Implement appropriate recovery strategies for delinquent loans.
• Initiate legal action for non-performing loans as necessary.
• Maintain accurate and up-to-date client records.
• Ensure compliance with all relevant banking regulations and internal policies.
• Prepare regular reports on loan portfolio performance.
• Participate in training and development programs to enhance skills and knowledge.

Qualifications

• High school diploma from a reputable institution
• 1-2 years of experience in microfinance lending or a related field.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• Proficiency in Microsoft Office Suite.

Salary
N50,000 Monthly.

Application Closing Date
Not Specified.