• JOB PURPOSE:

Receive, review, and evaluate loan applications from members of the YESS Fund and submit same for approval by the credit committee and the Board.

DUTIES:

• Accept and review loan applications and where necessary meet with loan applicants to identify and assess their businesses.
• Analyze active loan files on a regular basis and recommend solutions to speed up the loan process.
• Complete loan contracts and teach clients about policies and regulations.
• Monitor and update loan records.
• Submit loan applications in a timely manner to the credit committee.
• Respond to applicants’ questions and resolve any loan-related issues.
• Operate in compliance with laws and regulations.

• DEPARTMENTAL RELATIONS:

Maintains Contacts with the Administrator, accountant and IT officer

•  EXTERNAL RELATIONS:

Maintains contacts with Business Association and Chamber Members, MDAs, and Development/Donor Partners

• COMPETENCIES
  • Loan Assessment: Evaluate loan applications, manage risks, and ensure ethical lending practices.
  • Financial Analysis: Analyze financial data and projections for informed lending decisions.
  • Client Relationships: Build strong customer relationships and provide excellent service.
  • Compliance: Ensure adherence to lending laws, regulations, and internal policies.
  • Negotiation: Skillfully negotiate loan terms while protecting the institution’s interests.
  • Portfolio Management: Monitor and maintain the health of loan portfolios.
  • Technology Utilization: Use digital tools for efficiency and credit assessments.
  • Problem Solving: Address challenges in loan processes and client interactions.
  • Team Collaboration: Work closely with colleagues for seamless loan operations.
  • Ethical Conduct: Uphold high ethical standards and promote trust in lending.

• EDUCATIONAL QUALIFICATION 

Bachelor’s degree in finance or a similar field

• TECHNICAL
  • A minimum of 3 years’ experience as a loan officer.
  • Solid understanding of domestic and international loan regulations.
  • In-depth knowledge of computers and banking software.
  • Outstanding interpersonal and communication skills.
  • Customer service-oriented with exceptional sales skills.