Credit Officer Job at SOBIC and Company

SOBIC and Company is a rapidly expanding, opportunity-creating and customer-focused microfinance Institution (MFI) in Nigeria. A member, Association of Non-Bank Microfinance Institutions of Nigeria (ANMFIN), the company registered in July 2008 with Corporate Affairs Commission (CAC) with head office located at Ibadan having more than seventybranches across the states.

We are recruiting to fill the position below:

Job Position: Credit Officer

Job Locations: Ojoo, Challenge, Okeado, Eleyele, Akobo, Igbeti, Iseyin, Saki - Oyo, Jebba, Ilorin - Kwara, Ijebu-Ijesa, Ilesha - Osun and Mokola Ogun
Employment Type: Full-time

Job Description

• We are looking for a Credit Officer to facilitate lending for our clients by assessing creditworthiness and processing relevant paperwork.
• Credit Officer responsibilities include preparing loan applications, evaluating clients’ financial information and calculating risk ratios. To be successful in this role, you should have a good understanding of lending procedures and customer service experience.
• Ultimately, you will help our clients acquire loans in a timely manner and ensuring that the loan is being repaid as at when duewhile ensuring we comply with the law

Responsibilities

• Review loan requests
• Assess clients’ financial status
• Calculate financial ratios (e.g. credit scores and interest rates)
• Set up payment plans
• Maintain updated records of loan applications
• Follow up with clients about loan renewals
• Monitor progress of existing loans
• Evaluate creditworthiness and risks
• Contact clients to gather financial data and documentation
• Analyze risks and approve or reject loan requests
• keep daily records (Daily Collection Sheet, Ledger etc)
• recover default if any from the customer
• prepare timely report
• any other function as assigned by the Branch Manager.

Skills / Competence

• Integrity and diligence
• Product knowledge
• Communication skills
• Excellent customer service
• Relationship management
• Target-driven
• Team-player
• Computer literacy.

Method of Application
Interested and qualified candidates should send their Applications and CV to: showersofblessings111@gmail.com using the Job Position as the subject of the mail.