Job Purpose: The loan officer will be in charge of administering and supervising the Government of the Republic of Zambia\u2019s (GRZ) loan portfolio. Assessing loan applications, doing financial analyses, and reaching important decisions on loan approvals, disbursements, and monitoring are all part of the job description.
\nDuties and responsibilities include:<\/p>\n
Oversee the GRZ loan portfolio, which includes analyzing financial records, determining creditworthiness, evaluating loan applications, and recommending whether to approve or deny a loan.
\nConduct thorough financial analysis, including risk assessment, collateral evaluation, and cash flow analysis, on loan applications. Verify adherence to pertinent laws and guidelines.
\nBased on risk assessment, financial analysis, and policy compliance, make well-informed decisions about loan approvals. Oversee loan disbursements and make sure they are processed accurately and on time.
\nKeep an eye on loan performance, including interest payments, repayment plans, and collateral upkeep. Verify adherence to rules, covenants, and loan agreements. Take the proper measures for borrowers who are past due or in default.
\nEstablish and maintain strong relationships with clients, providing guidance and support throughout the loan lifecycle. Act as a point of contact for loan-related inquiries, and address customer concerns or issues effectively.
\nPrepare accurate and timely reports on loan activities, including loan approvals, disbursements, repayments and portfolio performance. Maintain proper documentation and records related to loan transactions.
\nIdentify potential risks within the loan portfolio and develop strategies to mitigate them. Stay updated on market trends, conditions and regulatory changes that may impact loan operations.
\nCollaborate with other departments, such as credit, legal, and collections to ensure smooth loan operations and resolution of issues. Provide support and guidance to loan sales agents.<\/p>\n
Experience and Qualifications<\/p>\n
Grade 12 certificate
\nDiploma in Finance, Business Administration
\n2 years proven work experience preferably in a financial institution.
\nKnowledge in financial software and loan systems
\nExcellent knowledge in Microsoft Office packages.
\nExcellent knowledge in lending principles
\nAbility to build rapport with clients and stakeholders
\nSober minded
\nGood management skills
\nAttention to detail
\nGreat sense of urgency
\nAbility to work under pressure and ability to embrace change.
\nHigh level of integrity and confidentiality.<\/p>\n
Sharing is Caring! Click on the Icons Below and Share<\/p>\n","protected":false},"author":2,"featured_media":0,"template":"","meta":{"_promoted":"","_job_location":"","_application":"http:\/\/walandajobs@gmail.com","_company_name":"Walanda Inc","_company_website":"","_company_tagline":"","_company_twitter":"","_company_video":"","_filled":0,"_featured":0,"_remote_position":0,"_job_salary":"","_job_salary_currency":"","_job_salary_unit":""},"job_listing_region":[11],"job-types":[12],"class_list":{"0":"post-4786","1":"job_listing","2":"type-job_listing","3":"status-expired","4":"hentry","5":"job_listing_region-zambia","7":"job-type-full-time"},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/jobs.dataaxisnode.com\/zambia\/wp-json\/wp\/v2\/job-listings\/4786","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobs.dataaxisnode.com\/zambia\/wp-json\/wp\/v2\/job-listings"}],"about":[{"href":"https:\/\/jobs.dataaxisnode.com\/zambia\/wp-json\/wp\/v2\/types\/job_listing"}],"author":[{"embeddable":true,"href":"https:\/\/jobs.dataaxisnode.com\/zambia\/wp-json\/wp\/v2\/users\/2"}],"wp:attachment":[{"href":"https:\/\/jobs.dataaxisnode.com\/zambia\/wp-json\/wp\/v2\/media?parent=4786"}],"wp:term":[{"taxonomy":"job_listing_region","embeddable":true,"href":"https:\/\/jobs.dataaxisnode.com\/zambia\/wp-json\/wp\/v2\/job_listing_region?post=4786"},{"taxonomy":"job_listing_type","embeddable":true,"href":"https:\/\/jobs.dataaxisnode.com\/zambia\/wp-json\/wp\/v2\/job-types?post=4786"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}