Business Development Officer (Secured Loans) at Nolan Credit Ltd

Salary: Competitive.

Our client is a well-established Micro Finance in Kenya with other interests in real estate. They seek to hire a Business Development officer- secured loans.

Responsibilities

1. Market activations within the assigned zones.
2. Supply the business with reports on customer needs, problems, interests, competitive activities, and potential for new products and services.
3. Generate revenue through consistent delivery of customer, disbursement, and collection targets
4. Drive repayment behavior by lending only what the business can afford, consistent follow-up, maintaining accurate records, negotiating repayment schedules, and setting discretionary limits.
5. Analyze your zone and develop referral networks in order to locate prospects for the company's products.
6. Establish, develop, and maintain a positive relationship with Customers, Partners, management, and relevant local authorities.
7. Obtain information from loan applicants and answer questions about loan process.
8. Analyze and verify applicant’s financial status, personal and business information to determine creditworthiness.
9. Ensure efficient and prompt recovery of loans disbursed and interest accrued.
10. Negotiate payment arrangements with borrowers who have delinquent loans.
11. Maintain clear customer records, recording times and dates that contact has been made and noting information that customers are well versed of the company products.
12. Handle customer complaints and take appropriate action to resolve them.
13. Prepare credit reports and records by collecting, analyzing, and summarizing client’s information
14. Identify and provide strategic work solutions to improve on TAT
15. Assist in administrative functions of the office
16. Any other duties that may be assigned from time to time.

Qualifications

1. Bachelor’s degree in marketing, finance, banking, economics, statistics, business administration, accounting, or any other relevant field
2. CPA certification will be an added advantage
3. Knowledge of the use of QuickBooks is a mandatory requirement
4. 3-4 years’ work experience in Banking with at least 3 years in credit.
5. Strong communication and interpersonal skills.
6. Strong strategic, analytical, and organizational skills.
7. Ability to handle credit risk.
8. Ability to work on own initiative, meet tight deadlines, and balance priorities to achieve results