Loan Verification Officer at Flexi Microfinance Bank Limited

Flexi Microfinance Bank Limited is a fully licensed digital bank dedicated to providing innovative and efficient financial solutions. Flexi Bank focus on simplifying your financial life through our advanced digital platform, ensuring you have access to the best services anytime, anywhere.

We are recruiting to fill the position below:

Job Title: Loan Verification Officer

Location: Ogun
Employment Type: Full-time

Job Description

• With a rapidly expanding loan portfolio across multiple states, we are strengthening our verification engine to protect portfolio quality, reduce credit losses, and deepen our understanding of on-ground merchant behavior.
• As we scale, you will play a mission-critical role in safeguarding our credit operations.

As a Loan Verification Officer, you will:

• Conduct high-quality offline merchant verification visits across assigned LGAs.
• Validate the authenticity, capacity, and operational integrity of merchants requesting loans.
• Ensure accurate documentation, geo-tagged evidence, and risk assessments to support credit decisions.
• Monitor post-disbursement merchants to confirm loan utilization and repayment readiness, reducing early-stage defaults. Key Responsibilities

Field Verification & Business Validation:

• Conduct in-person merchant verification visits across designated LGAs.
• Confirm physical store presence, business category, operational capacity, staff activity, inventory levels, and trading patterns.
• Validate merchant identity and operations through live observations and structured interviews.

Document Collection & Evidence Capture:

• Collect and upload required documents for verification.
• Ensure all information submitted is accurate, complete, and compliant with internal/CBN standards.

Merchant Engagement & Loan Assessment:

• Engage merchants to understand business model, cashflow, loan purpose, and capacity.
• Confirm alignment between the requested loan amount and the merchant’s operational reality.
• Educate merchants on disbursement conditions, repayment expectations, and responsibilities.

Risk Identification & Reporting:

• Prepare clear, timely, and factual verification reports for the Credit Team.
• Flag high-risk cases and recommend follow-up actions or additional checks where needed.

Post-Disbursement Monitoring:

• Revisit merchants who have drawn down loans to:
• Confirm actual utilization of funds
• Assess repayment readiness and early risk signals
• Identify red flags such as weak sales, reduced inventory, operational decline, or evasive behavior
• Submit revisit reports within required timelines to strengthen early-warning systems.

Your Profile

• Education: OND/HND/Bachelor’s degree in Business, Finance, Accounting, Economics, or related field.
• Experience: 1–2 years as a Field Loan Officer, Verification Officer, Merchant Onboarding Officer, or similar role in a fintech, microfinance, or digital lender.
• Technical Skills: Familiarity with mobile verification tools, geo-tagging, documentation standards, and simple reporting dashboards.

Core Competencies:

• Strong attention to detail
• Excellent observational and communication skills
• High integrity and sound judgment
• Risk-aware mindset with knowledge of lending and MSME dynamics Work Style:
• Comfortable with extensive field travel
• Self-driven and accountable
• Thrives in fast-moving, execution-heavy roles.

Application Closing Date
5th December, 2025.

Method of Application
Interested and qualified candidates should:
Click here to apply online