Loan Marketer (Lagos and Oyo) at Baobab Microfinance Bank – 13 Openings

Baobab is an investment company whose mission is to create a group of leading microfinance banks and finance.Baobab was created in July 2005 by PlaNet Finance, and other investors including International Finance Corporation, AXA Belgium, and Societe Generale, with the European Investment Bank, the French Development Agency and Developing World Markets Joining later.

We are recruiting to fill the position below:

Job Title: Loan Marketer

Locations: (Ikeja, Mushin, Ajah, Sango – Ota, Ikorodu, Yaba, Egbeda, Broadstreet, Tradefair, Alaba) Lagos and (Dugbe, Ibadan, Bodija) Oyo
Employment Type: Full-time
Reporting to: Branch Supervisor

Main Responsibilities
Mission 1: Pre-loan disbursement:

Promote/Market BAobab’s products to prospective clients
Visit and evaluate potential client businesses
Visit client’s personal house
Visit co-debtor, guarantor’s house and businesses
Analyze financial data of client’s businesses
Analysis of quantitative and qualitative data of client businesses and households
Prepare loan documents for credit committee
Present loan files to credit committee
Enter Loan files in the MIS

Post-Loan Disbursement:

Conduct monitoring visits to business and households
Follow- up on loan repayment
Manage loan recovery from active and write-off client until the last
Assess the impact of loan before renewal

Portfolio Management Guide:

Portfolio transfer and other clearance is compulsory for all existing portfolio manager
Portfolio handover will include description of each debtor and co-debtor’s business and residential address.
Collateral and location of collateral
Guarantor and guarantor’s business address
It will be regarded as a credit fraud if portfolios are properly transferred upon exit from Baobab Microfinance Bank Limited. This will be reported to relevant authorities including CBN, NDIC and the Nigeria police for prosecution
Portfolio Manager has the responsibility to provide information about the bank’s client, co debtor or guarantor and their details even after exit from the system, if it is required.

Requirements
Education: