A reputable company in the microfinance industry is looking to hire a Junior Loan Officer to assist the Loan Officer with operations. The candidate must have at least one year of experience in a financial services environment and must be eager to learn. The candidate must have a relevant degree.

Duties and Responsibilities Include:

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 accomplish quotas

Go the “extra mile” to build trust relationships, customer loyalty and satisfaction throughout the underwriting process

Οperate in compliance with laws and regulations and adhere to lending compliance guidelines