Loan Officer Job at Spectrum Microfinance Bank Limited

Loan Officer Job at Spectrum Microfinance Bank Limited. Please make sure you read the job requirements before applying for this position.

Spectrum Microfinance Bank Limited is a registered MFB set up to provide microfinance banking services.

We are recruiting to fill the position below:

Job Title: Loan Officer

Location: Sagamu – Ogun / Trade Fair – Lagos
Employment Type: Full-time

Job Description

• Acquire & engage Customers: acquire the agreed number of potential customer, identify and align their needs to a product/service and get deals signed off from the acquired customers.
• Market intelligence – develop market intelligence, detailed research, competition analysis and database with the view to capture the assigned market space.
• Brand equity – increase the bank’s brand presence in the market space assigned and ensure full coverage of the market for effective brand recognition and awareness of all services.
• Develop sales initiative/Conduct Product Campaign – acquire an impeccable knowledge of all product/services, develop strategy in communicating product essentials to get buy in through all available platforms (one-on –one, social media, target group engagement and other sales channels)
• Develop new markets – develop new wider and deeper markets by reaching the unbanked people, associations and communities with customized banking services offering the unique selling proposition of the bank.
• Record keeping & evaluation – keep updated record of all customers’ details, activities, payment plan, products purchased, stating progress, action points, feedback and recommendations with a plan to cross-sell and up sell other bank services.
• Write Report – write a comprehensive sales report detailing progress, achievement, challenges and recommendations to be submitted to your reporting line within specified timeline.
• Manage correspondence –  maintain swift correspondence with inter/intra dependent roles, customers, reporting line and every stakeholder in the sale – Schedule necessary meetings (aimed at meeting sales target) with potential customers, team members, superiors and interdependent teams.
• Manage engagement & retainership – develop schemes and techniques to ensure all acquired customers are engaged and potential buyers of other existing services/products or new ones.
• Get referral via follow up – Develop a functional follow up scheme that produces extra value to existing customers and lead to getting potential referral.
• Growth and development – study market/industry trends/initiatives per time to boost personal and target delivery per timeline.
• Execute all other jobs as assigned by your team lead and management.

Qualifications

• Candidates should possess a Bachelor’s Degree or HND qualification with 0-2 years work experience.

Salary

N50,000 – N60,000 / Month.

Application Closing Date

30th September, 2021.

Method of Application

Interested and qualified candidates should send their CV to: [email protected] using the Job Title as the subject of the email.