Credit Risk Officer at Bosak Microfinance Bank

Bosak Microfinance Bank Limited was incorporated in December 2009 with the business objective of providing financial service to micro clients who were excluded from the mainstream financial system. It commenced operations in June 2010 upon obtaining a Unit Microfinance Banking License from the Central Bank of Nigeria. It later obtained a State Microfinance Banking License in 2016. Bosak Microfinance Bank Limited’s financial inclusion effort focuses on promoting savings culture, access to credit facilities for income-generation purposes and reducing vulnerability to risk through micro insurance.

The Bank’s major strategic focus employs the group lending methodology in its operations with a leaning towards women. It believes in the commitment of women folk to work hard and help their families conquer poverty. As such, more than 95% of the Bank’s lending activities focuses on women. The success of the bank’s group lending activities largely depends on group solidarity and cohesion. The success recorded by the bank in its lending program has earned it strategic partnership with the Bank of Industry (BOI) and the Development Bank of Nigeria (DBN) among others. The combination of cutting-edge technology, a strong and committed Board of Directors and motivated employees has helped the Bank to create a brand widely accepted by its teeming clients in Lagos. It is now expanding its frontiers in a scaling program aimed at delivering improved value to its stakeholders.

We are recruiting to fill the position below:

Job Title: Credit Risk Officer

Location: Ekiti
Employment Type: Full-time

Responsibilities

• Preparations of loans to be disburse on Daily basis.
• Loan Appraisal/Loan Analysis.
• Pre-chat with customers.
• Preparation of confirmation list/credit search list of approved loan forms.
• Bosak Asset Finance Loan Processing, Booking and Disbursement.
• Recording of Loans disbursed manually and in BTL excel sheet.
• Recording of all customers disbursed to in Membership list.
• Recording of BAFL disbursed manually.
• Generation of active running loans report for BAFL
• Generation of BTL and BATSL Expected report for Delinquency Management Officer.
• Processing the release of BAFL Receipts.
• Secretary for Area Committee Meeting (for loans above 100,000.00 naira).
• Secretary for Delinquency meeting
• Generation of report for loans booked as at the end of every week (Fridays).
• Generation of report for ALCO (Mondays).
• Field disbursement for Mowe and Iganmu Business Units.
• Booking and disbursing of Loans.

Remuneration and Benefits

• Salary: N100,000– N120,000 monthly
• HMO
• Constant Training and Development
• Leave & Passage Allowance
• 13th Month.

Application Closing Date
3oth April 2026.