Loan Officer

Company Description: Bosak Microfinance Bank Ltd. is a financial institution that provides direct lending to small traders and entrepreneurs. The bank helps clients increase their income-generating capacity through accessible, tailored financial services. By supporting micro and small businesses, Bosak Microfinance Bank contributes to local economic growth and financial inclusion. Team members at Bosak work closely with clients to understand their needs and provide sustainable, responsible lending options.

Role Description: This is a full-time, on-site Loan Officer role based in Lagos State, Nigeria. The Loan Officer will assess loan applications, evaluate customers’ financial status, and recommend appropriate lending solutions in line with the bank’s policies. Daily tasks include conducting credit assessments, performing KYC checks, verifying documentation, and preparing loan proposals for approval. The role involves managing loan origination processes from initial client contact through disbursement, monitoring loan performance, and following up on repayments. The Loan Officer will also provide high-quality customer service, educate clients on financial products, and maintain accurate records to support reporting and compliance.

Qualifications

• Strong loan origination and Loan Officer experience, including end-to-end management of the lending process.
• Solid foundation in Finance and underwriting, with the ability to analyze financial statements and assess creditworthiness.
• Demonstrated Customer Service skills, with the ability to build trust, explain products clearly, and handle client inquiries professionally.
• Knowledge of microfinance lending practices and regulatory requirements in Nigeria.
• Excellent numerical, analytical, and problem-solving abilities.
• Effective communication and interpersonal skills, with proficiency in written and spoken English.
• Ability to work on-site in Lagos State, manage multiple cases, and meet deadlines in a fast-paced environment.
• Relevant academic background in Finance, Economics, Business, or a related field; professional certifications in credit or microfinance are an advantage.