3 Loan Officers
2025-04-09T13:55:00+00:00
Serene Microfinance LTD
https://www.greattanzaniajobs.com/jsjobsdata/data/employer/comp_3826/logo/Serene%20Microfinance%20Limited.jpg
http://www.serenemicrofinance.co.tz/
FULL_TIME
P.O .Box 33813, Mikocheni B, Bima Road
Mikocheni
Dar es Salaam
00000
Tanzania
Finance
Accounting & Finance
2025-04-16T17:00:00+00:00
Tanzania
8
Serene Microfinance Limited has been a growing and expanding company since its establishmentin providing financial solutions to many individuals and corporates. Serene Microfinance Ltd exceptionally stands as good example due to the unique contribution in reaching many categories of customers in Tanzania with micro-loans whose operations are in many parts of Dar es Salaam City, the nearby Regions and all over Tanzania Regions.
In an effort to stream line operations, Serene Microfinance LTD seeks to recruit qualified Loan Officer to be part of credit team to ensure business development.
JOB RESPONSIBILITIES FOR LOAN RECOVERY OFFICER
Loan Officer duties and responsibilities
- Maintain an active knowledge base of all of the Microfinance’s loan products and an understanding of the qualifications required of each applicant
- To build and maintain a substantial and high-quality loan portfolio
- To conduct members/customers recruitment and screening
- To orient clients to the particular loan products and services.
- To analyze applicants’ financial status, credit and property evaluation and determine feasibility of granting loans and ensuring loan repayments after disbursement
- Make a regular contact with the customers and clients in field.
- To prepare and present loan report timely (Daily, Weekly and Monthly )
- Ensure Loan collection is done based on procedures and loan agreement
- Keep tracking of outstanding loans and ensure loan recovery is done based on policies and procedures.
- Update account status and database regularly
- Comply with requirements when legal action is unavoidable
- Handle customers’ questions or complaints
- Negotiate payoff deadlines and payment plans as directed by your supervisor
- Identify gaps in the system and recommend solutions
Loan Recovery Officer Requirements / Skills / Qualifications
- Knowledge of relevant legal requirements for loan disbursement /collection/recovery ∙ Skills/knowledge for screening customer before loan disbursement
- Marketing skills
- Customer care skills
- Good negotiation and persuasion skills
- Experience in working with targets and tight deadlines
- Team player
- Good time-management skills
- Excellent Communication (both written and spoken) in English & Swahili
EDUCATIONAL QUALIFICATIONS & EXPERIENCES
- Holder of University Degree or equivalent qualification in business administration, Finance or any other related field
- A t least two year experience in a similar position.
Loan Officer duties and responsibilities Maintain an active knowledge base of all of the Microfinance’s loan products and an understanding of the qualifications required of each applicant To build and maintain a substantial and high-quality loan portfolio To conduct members/customers recruitment and screening To orient clients to the particular loan products and services. To analyze applicants’ financial status, credit and property evaluation and determine feasibility of granting loans and ensuring loan repayments after disbursement Make a regular contact with the customers and clients in field. To prepare and present loan report timely (Daily, Weekly and Monthly ) Ensure Loan collection is done based on procedures and loan agreement Keep tracking of outstanding loans and ensure loan recovery is done based on policies and procedures. Update account status and database regularly Comply with requirements when legal action is unavoidable Handle customers’ questions or complaints Negotiate payoff deadlines and payment plans as directed by your supervisor Identify gaps in the system and recommend solutions
Knowledge of relevant legal requirements for loan disbursement /collection/recovery ∙ Skills/knowledge for screening customer before loan disbursement Marketing skills Customer care skills Good negotiation and persuasion skills Experience in working with targets and tight deadlines Team player Good time-management skills Excellent Communication (both written and spoken) in English & Swahili
Holder of University Degree or equivalent qualification in business administration, Finance or any other related field A t least two year experience in a similar position.
JOB-67f67c3439181
Vacancy title:
3 Loan Officers
[Type: FULL_TIME, Industry: Finance, Category: Accounting & Finance]
Jobs at:
Serene Microfinance LTD
Deadline of this Job:
Wednesday, April 16 2025
Duty Station:
P.O .Box 33813, Mikocheni B, Bima Road | Mikocheni | Dar es Salaam | Tanzania
Summary
Date Posted: Wednesday, April 9 2025, Base Salary: Not Disclosed
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JOB DETAILS:
Serene Microfinance Limited has been a growing and expanding company since its establishment providing financial solutions to many individuals and corporates. Serene Microfinance Ltd exceptionally stands as good example due to the unique contribution in reaching many categories of customers in Tanzania with micro-loans whose operations are in many parts of Dar es Salaam City, the nearby Regions and all over Tanzania Regions.
In an effort to stream line operations, Serene Microfinance LTD seeks to recruit qualified Loan Officer to be part of credit team to ensure business development.
JOB RESPONSIBILITIES FOR LOAN RECOVERY OFFICER
Loan Officer duties and responsibilities
- Maintain an active knowledge base of all of the Microfinance’s loan products and an understanding of the qualifications required of each applicant
- To build and maintain a substantial and high-quality loan portfolio
- To conduct members/customers recruitment and screening
- To orient clients to the particular loan products and services.
- To analyze applicants’ financial status, credit and property evaluation and determine feasibility of granting loans and ensuring loan repayments after disbursement
- Make a regular contact with the customers and clients in field.
- To prepare and present loan report timely (Daily, Weekly and Monthly )
- Ensure Loan collection is done based on procedures and loan agreement
- Keep tracking of outstanding loans and ensure loan recovery is done based on policies and procedures.
- Update account status and database regularly
- Comply with requirements when legal action is unavoidable
- Handle customers’ questions or complaints
- Negotiate payoff deadlines and payment plans as directed by your supervisor
- Identify gaps in the system and recommend solutions
Loan Recovery Officer Requirements / Skills / Qualifications
- Knowledge of relevant legal requirements for loan disbursement /collection/recovery ∙ Skills/knowledge for screening customer before loan disbursement
- Marketing skills
- Customer care skills
- Good negotiation and persuasion skills
- Experience in working with targets and tight deadlines
- Team player
- Good time-management skills
- Excellent Communication (both written and spoken) in English & Swahili
EDUCATIONAL QUALIFICATIONS & EXPERIENCES
- Holder of University Degree or equivalent qualification in business administration, Finance or any other related field
- A t least two year experience in a similar position.
Work Hours: 8
Experience in Months: 24
Level of Education: bachelor degree
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