Loochi LEAD Centre is a membership-based NGO Microfinance Institution duly registered with the Corporate Affairs Commission (CAC) with registration number CAC/IT/NO 145765 We are registered as an Affiliate Member with the Association of Non- Bank Microfinance Institution of Nigeria (ANMFIN) under the state category in accordance with the Central Bank of Nigeria (CBN) revised Microfinance Policy with affiliation No. 04/02/0069 and certificate No. 865. We are also an official member of the Nigeria Network of Non-Governmental Organisations (NNNGO).
Location: Egbeda. Lagos
Job Dscription
- 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.
- Ideal candidates should be goal-oriented, smart, intelligent, creative, and hardworking.
Method of Application
Interested and qualified candidates should send an email containing their CV with the Position being applied for as the subject of the email to: [email protected]
