Loan Officer at DavoDani Microfinance Bank

DavoDani Microfinance Bank Lagos is a product of the buy-over of a defunct unit MFB incorporated in 2008. In 2014, new owners led by Prince Austin Enajemo-Isire acquired the unit-licensed MFB and changed the name to DavoDani Microfinance Bank Limited Lagos and continued as a unit MFB. After a process of rebirth, turnaround, and recapitalization, the bank grew its depleted operating capital of N5.4m due to losses at the time of acquisition, to N100m in 2015.

Job Title: Loan Officer

Location: Lagos

Employment Type: Full-time

Job Summary

• The Loan Officer is responsible for evaluating, processing, and managing loan applications for small and medium-sized enterprises (SMEs).
• The role involves assessing creditworthiness, ensuring compliance with lending policies, maintaining strong client relationships, and mitigating risks while maximizing portfolio growth.

Key Responsibilities

• Loan Origination & Assessment – Identify, evaluate, and process loan applications from SMEs, including credit risk analysis and due diligence.
• Loan Processing & Disbursement – Ensure accurate documentation and compliance with lending policies before loan approval and disbursement.
• Portfolio & Risk Management – Monitor loan repayments, manage non-performing loans, and implement recovery strategies.
• Client Relationship & Business Development – Build and maintain strong SME client relationships, provide financial advisory, and drive loan portfolio growth.
• Regulatory Compliance & Reporting – Ensure adherence to banking regulations and prepare periodic reports on loan performance.

Preferred Qualifications

• Bachelor’s Degree, HND in Finance, Accounting, Economics, Business Administration, or related field.
• 2-4 years of experience in credit analysis, loan processing, or SME lending in a microfinance or commercial bank.

Key Skills & Competencies:
Technical Skills:

• Strong knowledge of SME financing and risk assessment.
• Proficiency in financial statement analysis and cash flow projections.
• Good understanding of regulatory and compliance requirements in microfinance.
• Experience using loan management systems and banking software.

Soft Skills:

• Excellent communication and interpersonal skills.
• Strong negotiation and persuasion abilities.
• High level of integrity and ethical standards.
• Analytical and problem-solving mindset.

Behavioral Attributes:

• Proactive and self-motivated with a strong sense of responsibility.
• Ability to work independently and within a team.
• Resilient and capable of handling loan recovery challenges effectively.

Application Closing Date
Not Specified.

How to Apply: Interested and qualified candidates should forward their CV to: [email protected] using the job title as the subject of the mail.