Company Info
Mid sized business
DavoDani Microfinance Bank Lagos is a product of the buy-over of a defunct unit MFB incorporated in 2008.
1 to 50 Employees
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.