EXPERIENCED LOAN OFFICER AT BAOBAB MICROFINANCE BANK | LOAN OFFICER JOBS IN LAGOS

About Company:

Baobab Microfinance Bank Nigeria is a leading financial services provider dedicated to empowering individuals and small businesses through innovative financial solutions. We offer a range of products including savings, loans, and financial services designed to meet the diverse needs of our clients. Our commitment to financial inclusion and sustainable growth has positioned us as a trusted partner in the communities we serve

Job Description:

We are seeking a high-velocity and analytically sharp Experienced Loan Officer to anchor our credit operations in Ajah and Lagos Island. In the competitive Lagos Microfinance sector, success is defined by "Portfolio Integrity", the ability to harmonize aggressive market expansion with the clinical precision required for credit risk assessment and zero-loss recovery. This role is designed for a "Credit Architect" who can blend "Field Resilience" with the "Analytical Agility" required to evaluate business cash flows and household stability.

Requirements:

1. Credit Analysis & Risk Architecture

• Field Verification: Conduct high-fidelity site visits to client businesses, personal residences, and the homes/businesses of co-debtors and guarantors to verify collateral and stability.

• Data Synthesis: Perform rigorous analysis of both quantitative financial data and qualitative household information to determine creditworthiness.

• Committee Advocacy: Prepare and present comprehensive loan files to the Credit Committee, serving as the "Source of Truth" for the proposed risk.

2. Portfolio Stewardship & Recovery

• Vigilant Monitoring: Execute scheduled monitoring visits to client locations to ensure loan proceeds are utilized correctly and business health is maintained.

• Recovery Sovereignty: Manage the full lifecycle of loan repayment, including aggressive follow-up and the recovery of funds from active and write-off clients.

• Impact Assessment: Evaluate the socio-economic impact of loans prior to renewal, ensuring the credit cycle supports sustainable business growth.

3. Market Expansion & Capital Mobilization

• Brand Advocacy: Aggressively market and promote Baobab’s financial products to prospective clients in the Ajah and Lagos Island axis.

• Deposit Mobilization: Drive capital growth through strategic deposit mobilization, ensuring a balanced portfolio of lending and savings.

• Digital Accuracy: Ensure all loan files and client interactions are recorded with millimetric precision in the Management Information System (MIS).

Qualifications and Skills:

Professional Profile

• Education: Minimum of B.Sc or HND (Must have completed NYSC).

• Experience: Proven experience in sales, preferably within a Microfinance (MfB) or Commercial Bank.

• Technical Savvy: Basic knowledge in accounting, finance, and mathematics; proficient in MIS data entry.

Core Competencies

• Analytical Grit: Exceptional ability to interpret business cash flows and household dynamics.

• Field Resilience: Dynamic and motivated individuals who thrive in outdoor, field-based work environments.

• Integrity Sovereignty: High level of ethical standards and detail orientation in managing financial documents.

Salary

Application Closing Date: Not specified

Application Instructions:

Interested and qualified candidates should send their CVs to: ng.recruitment@baobabgroup.com CC: bagbadu@baobab.com using the Job Position and their preferred location as the subject of the mail (eg.“Experienced Loan Officer Ajah" or "Experienced Loan Officer Lagos Island").

Note: Only shortlisted applicants will be contacted.