BOCTRUST MICROFINANCE BANK is a financial institution licensed by Central Bank of Nigeria to give social and economic Support to the lower middle class, working class and the economically active poorJob Description
Actively source and develop new SME loan business relationships.
Conduct market research and identify potential SME clients within the assigned territory.
Build and maintain strong relationships with existing and potential SME clients.
Analyse loan applications, assess creditworthiness of SME borrowers, and prepare loan recommendations.
Conduct thorough financial and business viability assessments of SME businesses.
Prepare comprehensive loan documentation, including credit memos and loan agreements.
Monitor loan performance and ensure timely loan repayments.
Conduct regular site visits to monitor the progress of SME businesses.
Identify and mitigate potential loan risks.
Manage loan portfolios effectively to minimise delinquency and maximise returns.
Ensure compliance with all relevant loan policies and procedures.
Job Requirement
Bachelor’s degree in Banking & Finance, Accounting, Business Administration, or a related field.
Minimum 3 years of proven experience as an SME Loan Officer in the microfinance industry.
Strong understanding of credit risk assessment principles and methodologies.
Excellent analytical and problem-solving skills.
Strong interpersonal and communication skills (both written and verbal).
Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint)