Overview

Our client is a wholly owned Ghanaian company that seek to provide very quick financial solutions to SME`s, micro businesses, importers and individuals who wish to take their businesses to the top. With their track record of Five (5) years of excellent performance and experience, they also offer an avenue for investors who wish to invest their money in an institution that will give them value for money and Security, in the form of fixed deposits. Our client is one of the first Microfinance institutions to meet the new minimum capital requirement of the Bank of Ghana.

Job Tasks/ Functions

• Market the company’s loan products
• Win new SME loan businesses
• Evaluate client business information
• Interview, assess and appraise requests for loan facilities
• Conduct background investigations into the character and credit worthiness of credit applicants and identify the presence of any risks.
• Recovery/ Collection of daily loan repayments from clients on the field.
• Preparation of regular reports
• Perform any other duties assigned
• Meeting with clients interested in taking out a loan and providing them with the necessary information to start the loan application process.
• Collecting the needed financial documentation and assessing the clients’ creditworthiness.
• Calculating and analyzing the risk ratios of clients based on their credit score and financial history.
• Approving or denying loan requests, and communicating your decision to both clients and management.
• Setting up payment plans for clients explaining monthly installment amounts, interest rates, and other costs.
• Maintaining records of loan applications by using loan management software.
• Managing loan renewals by organizing follow-up meetings with clients.
• Monitoring the progress of the loan application process and relaying any hindrances to clients.
• Ensuring that loan applications are in line with the company’s financial policies, as well as state laws and regulations

Key Result Areas

• Loan Portfolio Quality and Quantity
• Credit analysis and processing
• Credit Monitoring and Recovery
• Credit Risk analysis and management
• Relationship management

DEPARTMENT: Credits
REPORTS TO: Head-Credits Unit (Fast SME)

Requirement Qualifications, Skills and Competences

• HND in Accounting, Finance, Economics, Mathematics, Statistics or any related field with two years relevant working experience. OR
• WASSCE with concentration in Business Studies, Accounting, Marketing, Economics, Mathematics, Statistics or any related field with three (3) years post qualification relevant experience.
• Proven work experience as a Credit/ Loan Officer (Fast SME) or similar role
• Hands-on experience with lending procedures and products
• Good Marketing and Sales promotions skills
• Strong analytical skills and judgement
• Good numeracy/ accuracy skills
• Good written and oral communication skills
• Excellent Customer service skills
• Exceptional analytical skills and the ability to work with complicated financial data.
• Excellent organizational skills and the ability to work well under pressure.
• Strong ethical behavior and the ability to work with sensitive financial information.