Loan Officer – ACADES Malawi

July 15, 2024
Application deadline closed.

Job Description

Responsibilities

  • Conduct interviews with individuals applying for loans to gather detailed information.
  • Research applicants’ financial backgrounds, including references, credit history, and income verification.
  • Complete all related documents accurately and efficiently.
  • Recommend the approval or rejection of loan applications based on thorough assessments.
  • Actively promote ACADES’ credit and loan services to potential clients.
  • Review and update credit and loan files regularly.
  • Prepare and manage statements for unpaid accounts.
  • Negotiate repayment terms with customers and ensure timely loan collections. Follow up and collect loans when they are due.

Requirements

  • College qualification, preferably in business administration, finance, or a related field.
  • 2-5 years of experience working in microfinance, focusing on loan origination.
  • Experience working and lending in the agricultural sector is a strong asset.
  • Strong analytical and problem-solving skills with the ability to interpret financial data.
  • Proficient in standard accounting procedures and principles.
  • Attention to detail and a commitment to accuracy.
  • Excellent written and verbal communication skills.
  • Proficient in using word processing, spreadsheet, internet, and email software.
  • Experience with financial and accounting software is a plus.
  • Excellent interpersonal and customer service skills.
  • Valid motorcycle license.
  • Be willing to relocate to Mchinji, Lilongwe, Kasungu or Ntchisi districts.

Interested candidates should submit their application letters and CVs electronically as PDFs to recruitment@acadesmw.com. The deadline for submission is July 20, 2024.

ACADES is an equal-opportunity employer.