Job Description
Title: Business Development Officers – Log Book Loans,
Industry: Microfinance,
Location: Nairobi,
Gross Salary: Ksh 30,000 – 40,000,
Our client is a non-deposit-taking Micro-credit Institution. They are seeking to hire a Business Development Officer who will be responsible for business development through the processing and disbursement of loans. He/she will also be tasked with identifying opportunities for business growth and creating marketing strategies for the company as well as ensuring timely collection and ensure a healthy portfolio.
Duties and Responsibilities
• Market our Logbook Loans
• Responsible for client evaluation, loan disbursements and timely collections
• Ensure follow-up on defaulters and collection arrears
• Continuous growth in customer numbers and ensure full adherence to customer onboarding Policies and Procedures
• Conducting market research to identify new opportunities
• Responsible for client retention through excellent customer service
• Responsible to evaluate clients’ businesses and determine whether they are worth the amount applied for through thorough appraisal
• Responsible for keeping correct, clear client records, verifying and assessing the chattels offered for loans with the assistance of the Branch Manager
• Develop and sustain solid relationships with customers
• Ensure client retention through excellent customer service
Qualifications
• A minimum grade of C+ in KCSE
• A degree/diploma holder in a relevant business field with other support courses, preferably in business, finance, accounting and banking.
• Over 3 years of experience in Logbook Loans sales in a financial institution
• Knowledge in Sales and Marketing, Credit Risk Management, Lending and relevant experience in Banking Sector
• Computer literate
• Ability to work independently and under minimum supervision
• Ability to analyze and interpret financial statements
• A team player with the drive to improve performance and persuasive with strong recognition skills