Loan Officer at Basic Consumer Kash Cooperative Society Limited

Basic Consumer Kash Cooperative Society Limited is the second-largest cooperative after the Nigeria Police Force cooperative with well over 1,000,000 active members. It was established in 2006. The Ebonyi State branch of BC KASH was opened in 14th of April 2016 and licensed to operate in all local governments of Ebonyi State.

We are recruiting to fill the position below:

Job Title: Loan Officer

Location: Abakiliki, Ebonyi
Job Type: Full Time

Job Brief

We are looking for a Loan Officer to evaluate, authorize approval or deny loan applications for people or for business
You will act as liaison between customers and our financial institution and you will help qualified applicants acquire loans in a timely manner.

Responsibilities

Market company’s products and services
Evaluate credit worthiness by processing loan applications and documentation within specified limits
Interview applicants to determine financial eligibility and feasibility of granting loans
Determine all applicable ratios and metrics and set up debt payment plans
Communicate with clients either to request or to provide information
Justify decisions (approvals/rejections) and report on them
Complete loan contracts and counsel clients on policies and restrictions
Update job knowledge on types of loans and other financial services
Maintain and update account records
Assess customer needs, explore all options and introduce different types of loans
Develop referral networks, suggest alternate channels and cross-sell products and services to accomplish quotas
Go the ‘extra mile’ to build trust relationships, customer loyalty and satisfaction throughout the underwriting process
Operate in compliance with laws and regulations and adhere to lending compliance guidelines.