Key Responsibilities
Drive the introduction and promotion of Bosak MFB, Bosak Trade Loan (BTL) and other products to prospective customers.
Supervise and manage all Business Managers and Loan Officers within the Area Office.
Monitor business performance, provide operational support and drive achievement of business and loan portfolio targets.
Build and maintain strong relationships with market associations, business groups and customers.
Conduct and supervise customer and guarantor verification, including cross-guarantee arrangements within groups.
Ensure prompt and accurate remittance of cash collections into the appropriate bank accounts.
Apply the 5 Cs of Lending: Character, Capacity, Capital, Collateral and Conditions in loan assessment and monitoring.
Ensure proper payment and documentation of equity contributions and upfront fees.
Monitor weekly loan repayment collections, passbook/register updates and issuance of tellers.
Ensure proper documentation, record keeping, monitoring and supervision of Area Office activities.
Assess and interpret customers’ accounts and transaction history on the system.
Ensure effective group management, loan monitoring and repayment performance.
Identify portfolio risks, follow up on delinquent accounts and support effective recovery efforts.
What We’re Looking For
Mandatory: Previous experience in a Microfinance Bank (MFB).
Strong knowledge of microfinance lending and group lending operations.
Proven ability to supervise and manage Loan Officers/Business Managers.
Good understanding of loan appraisal, collections, portfolio monitoring, and recovery.
Strong communication, leadership, and relationship-management skills.
Target-driven with the ability to manage a high-performing field team.
Candidates with strong knowledge of the Ikorodu market will be an added advantage.