Job Description

LOAN OFFICER
An opportunity has arisen with a competitive Microfinance Institution (MFI) for a motivated professional to contribute to business growth, portfolio management, client relationship development, and the delivery of financial services.

Duties and Responsibilities

Key Responsibilities
Meet with clients to discuss loan needs and financial situations
Explain different loan products, terms, and repayment options
Collect and review financial documents such as income statements, credit reports, and tax records
Evaluate applicants’ creditworthiness and ability to repay loans
Submit loan applications for approval and coordinate with underwriters
Maintain accurate client records and documentation
Ensure compliance with banking laws and lending regulations
Build relationships with clients, real estate agents, and financial institutions
Monitor loan progress from application through closing
Meet monthly or quarterly loan production targets
Maintain PAR of <2.5%

Qualifications and Experience

Required Skills and Qualifications
Bachelor’s degree in finance, business, economics, or related field (preferred)
Experience in banking, lending, sales, or customer service
Strong communication and interpersonal skills
Knowledge of loan processing and financial analysis
Attention to detail and organizational skills
Ability to analyze credit reports and financial statements
Proficiency in loan management software and Microsoft Office
Licensing may be required depending on the region and loan type