Credit Sales Officers
Marketing Executive Information
Company
Infinity Capital Micro Credit Ltd
Job Category
Marketing Executive Jobs
Job Type
Permanent/Full Time
Working Experience
1 - 3 Years
Education Level
Diploma
Industry
Banking
Salary Range
Not Specified
Qualifications
Diploma / Higher Diploma/Bachelor's degree in finance, economics, business, accounting, or a related field.
Previous experience in credit analysis or lending, preferably in a microfinance environment.
Strong analytical skills and attention to detail.
Excellent communication and interpersonal skills.
Knowledge of local financial regulations and microfinance industry practices.
Proficiency in using financial analysis tools and software.
A valid driving license (Category B)
Application Deadline
2024-05-31
Description
JOB SUMMARY
The Credit Officer is responsible for evaluating loan applications, conducting risk assessments, and managing the credit portfolio of the micro-credit institution. The primary goal is to ensure the soundness and profitability of the loan portfolio while promoting financial inclusion in underserved communities.
Key Responsibilities:
Loan Assessment:
- Evaluate loan applications submitted by individuals and small businesses.
- Conduct thorough credit risk assessments to determine the applicant's ability to repay the loan.
- Verify applicant information and assess the overall financial health of borrowers.
Credit Analysis:
- Analyze financial statements, credit reports, and other relevant documents to determine creditworthiness.
- Assess the applicant's character, capacity, and collateral to mitigate risks.
- Calculate debt ratios, cash flow, and other financial metrics to make informed lending decisions.
Customer Relationship Management:
- Build and maintain positive relationships with clients.
- Provide clear and transparent communication regarding loan terms, conditions, and repayment schedules.
- Offer financial education and guidance to clients to ensure responsible borrowing and repayment practices.
Portfolio Management:
- Monitor and manage the microfinance institution's loan portfolio.
- Identify and address potential risks, including delinquencies and defaults.
- Implement collection strategies and work with clients to find solutions for repayment challenges.
Compliance:
- Ensure compliance with regulatory requirements and internal policies.
- Keep abreast of changes in regulations affecting microfinance and adjust lending practices accordingly.
Documentation:
- Prepare and maintain accurate and complete loan documentation.
- Ensure that all necessary paperwork is in order and meets legal and regulatory standards.
Reporting:
- Generate regular reports on the performance of the loan portfolio.
- Provide insights and recommendations for improving lending practices and risk management.
Location Information
Location
Accra New Town
Region
Greater Accra
Street Address
No. 55 Hill Street near Access Bank