Loan Monitoring Intern at Addosser Microfinance Bank Limited

Addosser Microfinance Bank Limited plays an important role in widening the finance options available to MSMEs by providing finance for their businesses through value added products and services.

Founded in 2008, Addosser Microfinance Bank Limited is one of the leading Microfinance banks in Nigeriaofferinga broad range of products and services, to serve it’s over 103,000 customers through our four business groups: Retail and Microenterprise Banking, SME Banking, Consumer Banking and Specialized products & investment.

We are recruiting to fill the position below:

Job Title: Loan Monitoring Intern

Location: Lagos
Employment Type: Internship

Job Summary

• The Loan Monitoring Intern is responsible for the loan monitoring functions. The job holder monitors the portfolio, identifies accounts due for collection and ensure timely loan repayment by placing calls across to concerned customers.

Job Responsibilities

• Provides daily / weekly collection / payment schedules to customers and the marketing team while ensuring prompt and timely repayments as per schedule
• Identify and escalate repayment irregularities for further management action
• Evaluate product performance through collection and data analysis
• Provides support to the legal, recovery, marketing and compliance department on Non-performing loans
• Call, visit and send periodic reminders to loan customers on scheduled repayments.
• Conduct post disbursement spot checks on customers to confirm loan performance and utilization.
• Monitoring defaulters’ repayments to stop recurrent non-compliance.
• Follow up with account officers to reconcile payments received and real time transaction postings
• Responsible for achieving monthly PAR target
• Negotiate payment plans with defaulters.

Job Requirements

• SSCE or OND in any field with 0-1 year work experience
• Strong Communication skills
• Ability to work with Microsoft office suites
• Good attitude towards work.

Deadline: 8th February, 2022.

How to Apply
Interested and qualified canddiates should:
Click here to apply online