Credit Officers at SOBIC and Company Microfinance Institution (19 Openings)

SOBIC and Company is a rapidly expanding, opportunity-creating,and customer-focused micro finance institution (MFI) Nigeria. Amember of the Association of Non- Bank Microfinance Institutions of Nigeria (ANMFIN), The company registrered in July, 2008 with the Corporate Affairs Commission (CAC) with head office located at Ibadan having several branches across the states.

We are recruiting to fill the position below:

Job Title: Credit Officer

Locations: Ibadan, Saki, Okeho, Iwo, Apomu, Ipetumodu, Igbeti, Ogbomoso - Oyo, Ipetu-Jesha, Ijebu-Jesha, Modakeke, Ife, Olode - Osun, Jebba - Kwara, Aku-Edo - Edo, Kogi, Ogun, Ekiti and Ondo 
Employment Type: Full-time

Description

• Client Acquisition & Mobilization: Sourcing new clients in local communities, market clusters, or rural areas, and educating them on microfinance products like group and individual loans.
• Credit Appraisal & Risk Assessment: Conducting field visits and analyzing cash flows, business viability, and household income levels to determine a client's creditworthiness.
• Loan Processing & Documentation: Structuring loan terms, preparing financial spreadsheets, and compiling necessary credit files in accordance with the MFI's lending methodology.
• Portfolio Management: Actively tracking active loans to ensure proper utilization of funds. They are heavily focused on preventing bad debt and keeping the Portfolio at Risk (PAR) low.
• Repayment Collection: Facilitating repayment schedules, setting up payment plans, and following up on overdue or defaulted payments.

Salary
N100,000 - N120,000 monthly.

Application Closing Date
30th June, 2026.

Method of Application
Interested and qualified candidates should send their Applications to: hr@sobicinvest.org using the job title as the subject of the mail.