Loan Officers

Job Description

A firm is looking to hire a Loan Officers who will be responsible for sourcing qualified borrowers, generating loan business, managing customer relationships, and supporting loan processing and disbursement. The role involves identifying eligible customers, conducting preliminary assessments, ensuring proper documentation, monitoring loan portfolio performance, and supporting repayment follow-ups in line with the Company’s lending policies and regulatory requirements.

Location: Lagos and Abuja

Key Responsibilities

• Source and onboard qualified borrowers, including civil servants, to achieve assigned loan disbursement targets.
• Identify new business opportunities and build relationships with customers, organisations, and referral partners.
• Conduct preliminary customer assessments and ensure accurate, complete loan documentation.
• Maintain strong customer relationships to encourage repeat business, referrals, and retention.
• Monitor loan accounts, track repayments, identify overdue accounts, and support recovery efforts.
• Collaborate with Credit, Risk, Operations, and Finance teams to ensure efficient loan processing and disbursement.
• Prepare accurate weekly and monthly reports on loan sourcing, disbursements, and repayment performance.
• Monitor market trends and competitor activities to identify business growth opportunities.
• Ensure compliance with company policies, lending procedures, and applicable regulatory requirements.
• Demonstrate strong sales, negotiation, communication, customer service, analytical, and reporting skills.

Key Requirements

• A Bachelor’s degree or HND in Business Administration, Finance, Economics, Marketing, Accounting, or a related discipline.
• Relevant experience in loan sourcing, lending, financial services, microfinance, banking, or business development.
• Demonstrated ability to source customers and achieve business development targets.
• Knowledge of loan documentation, credit assessment, and repayment monitoring.
• Strong communication, negotiation, customer relationship management, and analytical skills.
• Proficiency in Microsoft Office applications and reporting tools.
• Ability to work independently, meet deadlines, and deliver results in a target-driven environment.

Interested and qualified candidates should send their CV to hr@mcopenny.ng using the Job Title as the subject of the email.