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Loan Approving Officer at First Capital Bank

  • Full Time
  • Malawi
  • Applications have closed
  • Salary: 00

First Capital Bank

Applications are invited from suitably qualified candidates to fill the position below tenable at various Branches.

Loan Approving Officer

Reporting to the Administration and Collections Manager – Consumer Lending, the successful candidate will be responsible for verifying loan applications for consumer lending and ensuring efficiency in the approval processes and assessments in compliance with
bank`s consumer lending loan policy.

Key Responsibilities:

  • Screening and auditing loan applications for credibility.
  • Quality check and assessing of clients’ creditworthiness.
  • Ensure that fraud prevention measures are applied consistently during the audit process.
  • Ensure optimum efficiency and satisfactory turnaround times.
  • Approval and verification of loaded limits as per role codes and disburse funds VIA EFT.
  • Disbursement of loan within the prescribed time frames.
  • Stakeholder Engagement.
  • Record Keeping
  • Reporting
  • Ensure adherence with all relevant company Standard Operating Procedures of the bank and comply with same

Technical Skills/Competencies

  • Attention to detail
  • Excellent organizational skills
  • Good customer service skills
  • Good ethics and ability to work with sensitive financial information
  • Experience with payroll deduction system (Payment Solutions Malawi)

Qualifications and Requirements

  • Degree in Business Administration, Commerce or equivalent
  • Microfinance and sales environment background
  • Experience with payroll deduction system (Payment Solutions Malawi)

Method Of Application

If you meet the above minimum requirements and are interested, please send your application with an up-dated CV to the Human Resources Department on e-mail: not later than 3rd January 2023.

Only short-listed applicants shall be acknowledged.