Loan Monitoring Officer at Loochi LEAD Centre

JOB DESCRIPTIONS: 

• Evaluating and reviewing client’s credit proposal for approval or rejection based on credibility, potential revenue, and losses to maintain a good balance between returns and risk exposures.
• Preparation of Credit Appraisal Memorandum (CAM) for Management and Board consideration and Approval
• Conducting credit search from an approved Credit Bureau for facilities.
• Booking of loans in line with approved terms and conditions.
• Proper documentation and updating of the loan files.
• Follow up and monitoring of disbursed loans to ensure a timely repayment.
• Recovery of delinquent loans and advances.
• New products development and review of existing ones.
• Develop, review and update the bank’s credit policies.
• Organize in house training for the staff
• Render timely reports to regulatory bodies  when required
• Preparing weekly and monthly Portfolio AT Risk (PAR) with a summary of loan loss provision
• Analyze and review large data for correctness and daily reports submission.
• Schedule calls to customers for due loans/repayment
• Build the company’s profile and brand image in the market through sustained campaigns.
• Develop and manage strategic relationships with key customers in relevant market segments.
• Lead the Bank’s deposit mobilization efforts and ensure quality risks assets are created.
• Champion periodic planning and budget review sessions, monitor implementation and performance, and ensure the development of effective strategies to address the shortfall in targets.
• Champion the drive to increase the Bank’s market share by promoting and institutionalizing a customer service-oriented culture.
• Monitor changing market dynamics and adapt product offerings to effectively meet these needs.
• Perform other tasks as may be assigned by the President.

Requirements

• 2-5 years experience in a similar role 
• Good understanding of micro and macro-economic indices and their impact on small businesses.
• Strong people management, mentoring, and leadership skills
• Ability to use Microsoft Word and Excel
• Bachelor's degree in Business Administration, Accounting, or related fields.
• Masters, Microfinance Certification is an added advantage.
• The ability to use sysbanker banking software is an advantage.
• The ideal candidates should be goal-oriented, smart, intelligent, creative, and hardworking.