Loan Officer at Mayfair Microfinance Bank Limited

Mayfair Microfinance Bank Limited was licensed in 2009 by the Central Bank of Nigeria to operate as a microfinance bank, to take advantage of the new finance opportunity of providing banking services to the unserved but economically active population that cannot meet the requirement of the traditional commercial banks.

We are recruiting to fill the position below:

Job Title: Loan Officer

Location: Ojuelegba, Surulere, Lagos
Employment Type: Full-time

Job Description

• Source for new clients through promotion and assist prospective clients with loan applications.
• Preparation and presentation of loan proposals to credit and risk assessment committee.
• Portfolio management with full responsibility for its growth and quality (monitoring of disbursed loans, follow up on timely repayment, initiating and leading recovery activities, etc.).
• Effective relationship management through high client satisfaction, reaching a high ratio of revolving clients.
• Collection of detailed information (personal, business, and guarantees) in preparation of loan proposals as well as thorough evaluation and assessment of loan applications.
• Analyzing and interpreting financial statements of businesses, to access the repayment capacity and financial soundness of the loan applicants.

Requirements

• Candidates should possess a Bachelor's Degree / HND or Master's Degree qualification with at least 3 years work experience.

Application Closing Date
30th November, 2021.