Job title : Loan Monitoring Officer
Job Location : Lagos
Deadline : July 28, 2024
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Responsibilities:
- Monitor and analyze the performance of all loans in the portfolio.
- Identify and track delinquent accounts to minimize losses.
- Maintain accurate records of all loan accounts.
- Conduct regular risk assessments of the loan portfolio.
- Identify potential risks and recommend mitigation strategies.
- Ensure compliance with internal policies and regulatory requirements.
- Prepare detailed reports on loan portfolio status for senior management.
- Analyze trends and provide insights to support decision-making.
- Develop and implement metrics to monitor loan performance.
- Communicate with borrowers to ensure timely loan repayments.
- Resolve issues related to loan payments and account status.
- Provide exceptional customer service to maintain positive borrower relationships.
- Ensure all loan documentation is complete and accurate.
- Maintain compliance with all relevant laws and regulations.
- Participate in internal and external audits as required.
- Identify areas for process improvement and recommend changes.
- Implement new procedures to enhance loan monitoring efficiency and effectiveness.
Qualifications:
- Bachelor’s degree in Finance, Accounting, Economics, or a related field.
- Professional certification in risk management or accounting is a plus.
- Minimum of 1 year of experience in loan monitoring, credit control, or a similar role.
- Strong analytical and problem-solving skills.
- Excellent communication and interpersonal skills.
- Proficient in Microsoft Office Suite (Excel, Word, PowerPoint) and loan management software.
- Attention to detail and high level of accuracy.
- Ability to work independently and as part of a team.
Preferred Skills:
- Experience in the financial services industry.
- Knowledge of loan management systems and financial analysis tools.
- Understanding of regulatory requirements and compliance standards.
How to Apply for this Offer
Interested and Qualified candidates should Click here to Apply Now
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