Loan Manager Job at Mipraise Investment Limited

Mipraise Investment Limited is an offshoot of Mipraise Multipurpose Cooperative Society Limited, established on 2nd September 2014 to provide microfinance services to nano, micro, small, and medium-scale enterprises in Nigeria. Since inception, the Cooperative has achieved consistent growth and success by offering excellent financial services in a welcoming, customer-focused environment.

At Mipraise, we take pride in our team of professional staff and our commitment to leveraging world-class technology to deliver value-driven solutions. Joining us means becoming part of an innovative, service-oriented organization that empowers businesses, fosters financial inclusion, and creates opportunities for both customers and employees to thrive.

We are recruiting to fill the position below:

Job Position: Loan Manager
Job Locations: Lagos & Benin - Edo
Employment Type: Full-time

Job Summary

• The Loan Manager will oversee the company’s credit and loan operations, ensuring effective deposit mobilization, quality risk asset creation, and excellent service delivery.
• With 5–8 years of relevant experience, the Loan Manager is expected to bring leadership, strategic insight, and operational discipline.
• The role involves supervising credit officers, driving branch-level performance, building and maintaining strong customer relationships, and ensuring compliance with credit policies and regulatory standards.
• Successful performance in this role positions the candidate for appointment as a Branch Manager after one year.

Key Responsibilities

• Lead and supervise credit officers in executing the company’s credit and marketing strategies.
• Drive deposit mobilization and ensure achievement of set financial and operational targets.
• Oversee the appraisal, approval process (within limits), and documentation of loan applications to ensure compliance with company policies and regulatory standards.
• Monitor the loan portfolio, proactively manage risks, and ensure effective recovery strategies to minimize default.
• Build and maintain strong client relationships, especially with high-value customers.
• Conduct periodic market and competitor analysis to support strategic decision-making.
• Provide coaching, mentoring, and on-the-job training for credit officers to strengthen staff capacity.
• Champion excellent customer service delivery and promote a performance-driven culture.
• Participate in periodic planning, budget sessions, and branch performance reviews.
• Prepare regular reports on loan performance, customer feedback, and market intelligence for management.
• Perform other duties as assigned by senior management.

Qualifications & Requirements

• Bachelor’s degree in Accounting, Banking & Finance, Business Administration, Economics, or related fields. A Master’s degree or professional qualification (e.g., ACA, ACCA, CFA, CIBN) is an added advantage.
• 5–8 years of relevant work experience in microfinance, commercial banking, or financial services (with at least 3 years in a supervisory role).
• Strong leadership and people management skills.
• Proven track record in loan portfolio management, credit risk assessment, and deposit mobilization.
• Excellent communication, negotiation, and interpersonal skills.
• Proficiency in Microsoft Office and familiarity with core banking applications.
• High level of integrity, accountability, and ethical conduct.

Key Competencies:

• Leadership and team development.
• Strong credit and risk management skills.
• Strategic thinking and problem-solving ability.
• Customer focus and relationship management.
• Performance-driven mindset with results orientation.

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

Note

• For more enquires, send message via whatsapp to +2347032870685.
• Only shortlisted candidates would be contacted.