Summary
Date Posted: Thursday, August 01 2024, Base Salary: Not Disclosed

JOB DETAILS:
Brief Job Description
POSITION – LOAN OFFICER
Our client is a Microfinance Company that has been registered under Tanzanian Company Act.
In Tanzania, they are now ready to hire and retain the services of a Loan Officer.

Duties and Responsibilities:
• Evaluate credit worthiness by processing loan applications and documentation within specified limits
• Interview applicants to determine financial eligibility and feasibility of granting loans
• Determine all applicable ratios and metrics and set up debt payment plans
• Communicate with clients either to request or to provide information
• Justify decisions (approvals/rejections) and report on them
• Complete loan contracts and counsel clients on policies and restrictions
• Update job knowledge on types of loans and other financial services
• Maintain and update account records
• Assess customer needs, explore all options and introduce different types of loans
• Develop referral networks, suggest alternate channels and cross-sell products and services.
• To conduct members recruitment and screening
• Marketing skills should be capable of going outdoors
• To provide quality and good customer service to clients

Qualifications, Knowledge, and Skills required.
• Bachelor of Commerce (Finance /Accounting) OR equivalent qualifications from accredited University/institution.
• Age between 20-35
• At least one-year relevant working experience a SACCOS or financial institution (Micro-Finance).
• Experience with accounting software is a plus
• Skills in Business Management, Microfinance, Marketing, Entrepreneurship will be an added advantage.
• Customer service-oriented with exceptional marketing skills.

The deadline for the applications is 30thAugust 2024.

Work Hours: 8

Experience in Months: 24

Level of Education: Bachelor Degree

Job application procedure
Interested and Qualified? Click here to apply

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