Loan Officer at Koloo

Koloó is a financial technology company engaged in providing technology-driven financial services. Koloó products and services are focused on savings/investments and credits. Our credit facilities are targeted at MSMEs looking to access short term working capital and asset financing. Koloó effectively combines technology and a distributed agent network to provide these products and services to customers at very competitive rates.

We are recruiting to fill the position below:

Job Title: Loan Officer

Location: Benin City, Edo
Employment Type: Full-time

Job Description

Continually grow market share (specific to target market) by effective management of individual customer relationships;
Market / sell Koloó product and service offerings to target customers
Create, manage and own risk assets, through a very thorough customer selection and controlled risk availment process without compromising portfolio profitability, and in compliance with management policies.
Define market specific strategies.
Initiate credit requests that meet set risk acceptance criteria and target market definition.
Obtain adequate information in respect of each facility request/prospect to conduct preliminary credit screening.
Perform preliminary credit screening to confirm that facility requests meet Koloó’s target market and risk acceptance criteria.
Create credit facility proposals for individual/business credits within stipulated limits and guidelines as defined by risk management policies and procedures.
Manage risk exposures in line with approved risk management policies.
Develop and implement appropriate responses on a case-by-case basis to manage delinquency.
Proactively identify potential delinquency in existing exposures on a continuous basis and support the risk management function in ensuring efficient administration of all credit recovery activities.