Accion Microfinance Bank
- Build and maintain potfolio of quality clients rapidly and consistently to reach target portfolio within assigned period
- Liaise with community organizations, business associations, and individual entrepreneurs;
- Implement promotion campaigns and information sessions;
- Identify potential clients;
- Sensitize potential clients on all aspects of the loan program: procedures to apply, the terms and conditions, the incentives for good performance, and penalties for late repayment and default.
- Develop an accurate evaluation of each client?s capacity and willingness to repay the requested loan.
- Correctly complete loan application and evaluation forms;
- Arrange and undertake business site visits;
- Verify and cross-check all information relevant to the loan application and evaluation;
- Evaluate the willingness and capacity to repay of the client;
- Ensure an appropriate guarantee is in place and documented;
- Determine and present loan terms and conditions to credit committee.
- Develop a relationship with each client to support the business success and build client loyalty.
- Monitor client business progress to identify any potential problems;
- Offer suggestions and referrals where appropriate and within company policy
- Demonstrate a concern and build client rapport.
- Implement late repayment recovery procedures of Accion MfB;
- Achieve and maintain targets on portfolio at risk and loan loss;
- Emphasize the importance of on-time repayment with clients;
- Monitor repayment reports daily and client behavior patterns.
- Become knowledgeable and known in the assigned geographic zone.
- Build rapport with community and business associations and leaders;
- Be known and visible in the community;
- Develop goodwill of community towards Accion MfB.
- In collaboration with the Branch Manager, coach, support, and motivate allocated Account Officers
- Maintain a high standard of discipline among the allocated Account Officers and ensure that they are performing according to expectation.
- Ensure that the work flows of the allocated Account Officers are efficient and well-defined on a weekly and monthly basis.
- To take over Loan portfolio of any Account Officer as directed by management.
- Ensure that supervised Account Officers follow policies and procedures
- Spot-check approved applications for supervised Account Officers.
- In collaboration with the Branch Manager, set performance goals for supervised Account Officers and monitor their performance per procedures.
Qualification & Experiences
- A minimum of HND or BSC in Business, Banking, Finance, Accounting, Economics, and/or related fields.
- Must have completed NYSC
- Strong interpersonal skills
Key Performance
- Efficiently and accurately complete all forms and administrative steps required to manage the portfolio and contribute to the smooth operation of Accion MfB.
- Coordinate the activities of the credit committee for loan applications pertaining to his/her supervised Account Officers;
- Chair the credit committee for loan applications pertaining to his/her supervised Account Officers within his/her authority level;
- Ensure all documentation and requirements are complete prior to loan approvals;
- Ensure quality of analysis by supervised Account Officers.
- The Account Officer will be required to maintain minimum performance productivity standard as will be advised base on which he/she will be subject to continuous evaluation
- Ability to develop strong financial analysis skills
- Ability to assess character of potential clients
- Ability to assess character of potential clients
Required Knowledge
- Develop goodwill of community towards Accion MfB.
- Understand the local area where they are working
- Experience in credit of financial service industry
To apply for this position, kindly click on the button below to fill the application form.
Apply Here
Deadline : July 29, 2019