Ushimen
JF-Expert Member
- Oct 24, 2012
- 37,187
- 85,278
Position Title: Senior Credit Officer (2 Posts)
Reports to: Branch Manager
Duties and Responsibilities:
1. Supporting new and current clients on loan and credit products:
● Setting up meetings with clients to obtain information on their loan needs;
● meeting and interviewing credit applicants in order to determine risk factors;
● determining the most suitable loan option;
● and Providing guidance on the lending process.
2. Assisting the Manager, before the loan’s approval or rejection, by ensuring the client meets the requirements to obtain a loan:
● Collecting information and processing each file to the closing stage;
● contacting other financial institutions to verify the financial background of loan applicants;
● examining applicants’ assets and finances;
● analyzing the applicants’ capability to repay loans by conducting a thorough assessment on creditworthiness;
● and submitting a detailed report regarding any abnormality on the processed file.
3. Ensuring the repayment of approved loans and credits:
● Ensuring that all related paperwork follows regulations and standards;
● ordering appraisals to be conducted on applicants’ properties and reviewing the title insurances;
● calculating payment schedules; and monitoring clients in order to guarantee their timely payment and maintain portifolio at risk at maximum of 3%
4. Maintaining detailed records on the transactions executed daily:
● Organizing all paperwork and updating database systems;
● and keeping a thorough daily record of every activity and incidence held at the institution.
5. Processing, reviewing, and completing loan and credit requests:
● Verifying the documentation contained in each application;
● and submitting the application to the manager for the credit or loan’s approval or rejection.
6. Contributing to ongoing professional business development activities:
● Cooperating with the bank’s endeavor of achieving a gross revenue and net operating income objectives;
● working alongside colleagues to gather marketing information, statistics, and trends;
● and building and maintaining an important customer base.
● Drafting all administrative paperwork including reminders, warnings, and updates in order to inform customers on relevant financial matters on theirs accounts and their status.
● Ensuring compliance with all internal control and established policies related to loan products in order to guarantee transparency in every application processed.
Daily tasks
● Contacting and setting up meetings with prospective and current loan clients.
● Interviewing loan applicants in order to determine and evaluate all risk factors.
● Communicating with other financial institutions to request details on clients’ creditworthiness.
● Promoting the institution’s services and assisting clients in determining the most suitable loan to meet their financial objectives and needs.
● Submitting the processed applications to the manager with the observations found in order to approve or reject the loan.
● Keeping loan files and clients’ information up-to-date by completing credit and loan documentation, preparing detailed reports, and maintaining comprehensive computerized records.
● Attend clients either in group meetings or individually
● Providing good quality of customer service according to company policies.
● Researching, gathering, and analyzing data to make effective and profitable decisions.
● Staying up-to-date on applicable current regulations
Qualifications and Experience:
● A minimum of Advanced Diploma or Bachelor Degree in any related Business Field
● Minimum relevant working experience of 2 years in microfinance/loans
APPLICATION INSTRUCTIONS:
If you fit the description, please send you application and CV (in pdf only, we will delete anything else in other format) to hr@yetumfplc.co.tz
The Subject of the email should be, Application to the Position of Senior Credit Officer.
Reports to: Branch Manager
Duties and Responsibilities:
1. Supporting new and current clients on loan and credit products:
● Setting up meetings with clients to obtain information on their loan needs;
● meeting and interviewing credit applicants in order to determine risk factors;
● determining the most suitable loan option;
● and Providing guidance on the lending process.
2. Assisting the Manager, before the loan’s approval or rejection, by ensuring the client meets the requirements to obtain a loan:
● Collecting information and processing each file to the closing stage;
● contacting other financial institutions to verify the financial background of loan applicants;
● examining applicants’ assets and finances;
● analyzing the applicants’ capability to repay loans by conducting a thorough assessment on creditworthiness;
● and submitting a detailed report regarding any abnormality on the processed file.
3. Ensuring the repayment of approved loans and credits:
● Ensuring that all related paperwork follows regulations and standards;
● ordering appraisals to be conducted on applicants’ properties and reviewing the title insurances;
● calculating payment schedules; and monitoring clients in order to guarantee their timely payment and maintain portifolio at risk at maximum of 3%
4. Maintaining detailed records on the transactions executed daily:
● Organizing all paperwork and updating database systems;
● and keeping a thorough daily record of every activity and incidence held at the institution.
5. Processing, reviewing, and completing loan and credit requests:
● Verifying the documentation contained in each application;
● and submitting the application to the manager for the credit or loan’s approval or rejection.
6. Contributing to ongoing professional business development activities:
● Cooperating with the bank’s endeavor of achieving a gross revenue and net operating income objectives;
● working alongside colleagues to gather marketing information, statistics, and trends;
● and building and maintaining an important customer base.
● Drafting all administrative paperwork including reminders, warnings, and updates in order to inform customers on relevant financial matters on theirs accounts and their status.
● Ensuring compliance with all internal control and established policies related to loan products in order to guarantee transparency in every application processed.
Daily tasks
● Contacting and setting up meetings with prospective and current loan clients.
● Interviewing loan applicants in order to determine and evaluate all risk factors.
● Communicating with other financial institutions to request details on clients’ creditworthiness.
● Promoting the institution’s services and assisting clients in determining the most suitable loan to meet their financial objectives and needs.
● Submitting the processed applications to the manager with the observations found in order to approve or reject the loan.
● Keeping loan files and clients’ information up-to-date by completing credit and loan documentation, preparing detailed reports, and maintaining comprehensive computerized records.
● Attend clients either in group meetings or individually
● Providing good quality of customer service according to company policies.
● Researching, gathering, and analyzing data to make effective and profitable decisions.
● Staying up-to-date on applicable current regulations
Qualifications and Experience:
● A minimum of Advanced Diploma or Bachelor Degree in any related Business Field
● Minimum relevant working experience of 2 years in microfinance/loans
APPLICATION INSTRUCTIONS:
If you fit the description, please send you application and CV (in pdf only, we will delete anything else in other format) to hr@yetumfplc.co.tz
The Subject of the email should be, Application to the Position of Senior Credit Officer.
