SME / Wholesale Banking Officer at a Fully Integrated Micro Finance Bank

A fully integrated Micro Finance Bank located around the key markets within the Lekki corridor is recruiting to fill the position below:

Job Title: SME / Wholesale Banking Officer

REF-SME0-004
Location: Lekki, Lagos

Details

• We are looking to recruit young, dynamic employees who are desirous to make a mark for themselves in the field of microfinance banking.
• If you are target driven, motivated, dedicated with a verifiable track record of achievement then this could be your game changer.

Job Description
The SME banking officer shall be charged with:

• Ensure accurate loan evaluations, the efficient follow-up of arrears, and the provision of strong client service.
• Maintain up-to-date client records and reports.
• Build and maintain a portfolio of quality clients rapidly and consistently to reach target portfolio within assigned period.
• Liaise with community organizations, business associations, and individual entrepreneurs
• Identify potential clients
• Sensitize potential clients on all aspects of the loan program: procedures to apply, the terms and conditions, the incentives for good performance, and penalties for late repayment and default.
• Develop an accurate evaluation of each client's capacity and willingness to repay the requested loan.
• Correctly complete loan application and evaluation process.
• Arrange and undertake business site visits
• Verify and cross-check all information relevant to the loan application and evaluation.
• Ensure an appropriate guarantee is in place and is documented.
• Determine and present loan terms and conditions to the credit committee.
• Participate in credit committees and providing input on other members? loan proposals.
• Prepare and present own loan proposals to the credit committee.
• Develop a relationship with each client to support the business's success and cultivate loyalty.
• Monitor client business progress to identify any potential problems
• Offer suggestions and referrals where appropriate and within company policy
• Demonstrate concern and build client rapport.
• Implement late repayment recovery procedures of the bank
• Achieve and maintain targets on portfolio at risk and loan loss
• Emphasize the importance of on-time repayment with clients
• Monitor repayment reports daily and client behavior patterns.
• To be knowledgeable and known in the assigned geographic zone.

Requirements

• Experience: 2 - 3 years micro finance banking is a MUST.
• Related experience in the financial service sectors would also suffice

Application Closing Date
12th September, 2023.