LOAN DISBURSEMENT OFFICER AT ULTRAVIOLET MICROFINANCE BANK

About Company:

Ultraviolet Microfinance Bank Limited is licensed by the Nigerian apex bank, Central Bank of Nigeria, to operate uniquely within the Nigerian financial sector, we are continually guarded by our core strategic objectives to position ourselves as an innovative leader, customer-centric and inclusive financial solutions provider.

We are recruiting to fill the position below:

Job Description:

• The Loan Disbursement Officer is responsible for managing and executing the disbursement process for approved loans.
• This role ensures timely, accurate, and compliant release of funds to borrowers while maintaining proper documentation and adherence to internal policies and regulatory requirement.

Responsibilities
Loan Disbursement:

• Review and verify loan approval documents to ensure accuracy and completeness before disbursement.
• Process loan disbursements in line with approved terms and within established turnaround times.
• Coordinate with finance or treasury teams to facilitate fund release.

Documentation & Compliance:

• Ensure all pre-disbursement conditions are fulfilled.
• Maintain proper records of disbursement documents and borrower information.
• Comply with internal policies, regulatory standards, and audit requirements.

Customer Interaction:

• Communicate with clients regarding disbursement timelines, requirements, and status updates.
• Resolve queries related to disbursement or fund transfers.

Internal Coordination:

• Liaise with credit, legal, and operations departments to ensure a smooth and accurate disbursement process.
• Report any discrepancies or red flags to the appropriate department for further action.

Monitoring & Reporting:

• Track and report on disbursement volumes and turnaround times.
• Identify process improvements and contribute to streamlining loan disbursement operations

Requirements:

• Candidates should possess relevant qualifications with experience.

Salary

Application Closing Date: 27th August, 2025

Application Instructions:

Qualified candidates should send their CV to: hr@ultravioletmfb.com using the Job Title as the subject of the email.

Note: Applicants who did not meet with the requirements will not be shortlisted