Loan Officer at Koloo

Koloó is a financial technology company engaged in providing technology-driven financial services. Koloó products and services are focused on savings/investments and credits. Our credit facilities are targeted at MSMEs looking to access short term working capital and asset financing. Koloó effectively combines technology and a distributed agent network to provide these products and services to customers at very competitive rates.

We are recruiting to fill the position below:

Job Title: Loan Officer

Location: Benin City, Edo
Employment Type: Full-time

Job Description

• Continually grow market share (specific to target market) by effective management of individual customer relationships;
• Market / sell Koloó product and service offerings to target customers
• Create, manage and own risk assets, through a very thorough customer selection and controlled risk availment process without compromising portfolio profitability, and in compliance with management policies.
• Define market specific strategies.
• Initiate credit requests that meet set risk acceptance criteria and target market definition.
• Obtain adequate information in respect of each facility request/prospect to conduct preliminary credit screening.
• Perform preliminary credit screening to confirm that facility requests meet Koloó’s target market and risk acceptance criteria.
• Create credit facility proposals for individual/business credits within stipulated limits and guidelines as defined by risk management policies and procedures.
• Manage risk exposures in line with approved risk management policies.
• Develop and implement appropriate responses on a case-by-case basis to manage delinquency.
• Proactively identify potential delinquency in existing exposures on a continuous basis and support the risk management function in ensuring efficient administration of all credit recovery activities.

Requirements

• Candidates should possess a Bachelor's Degree, HND / OND qualification with 1 year experience.

Application Closing Date
31st January, 2022.

Method of Application
Interested and qualified candidates should send their CV along side a Cover Letter to: [email protected] using the Job Title as the subject of the email.