Wednesday 7 August 2024

Loan Officer at Barefoot Financial Services August 2024

  AjiraLeo Tanzania       Wednesday 7 August 2024
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Barefoot Financial Services Jobs 2024
Barefoot Financial Services
Jobs in Tanzania 2024: New Job Vacancies at Barefoot Financial Services 2024

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Barefoot Financial Services Jobs 2024
Loan Officer

Loan Officer at Barefoot Financial Services August 2024

Job Title: Loan Officer
Location: Arusha
Company: Barefoot Financial Services
About Us:
Barefoot Financial Services is dedicated to providing comprehensive financial solutions to underserved communities. We aim to empower individuals and small businesses through accessible credit, savings, and financial education, fostering economic growth and financial inclusion.

Job Overview:
We are seeking a dynamic and motivated Loan Officer to join our team. The Loan Officer will be responsible for evaluating, authorizing, or recommending approval of loan applications for individuals and businesses. This role involves meeting with applicants, collecting necessary documentation, and providing guidance throughout the loan process to ensure clients understand and utilize our financial products effectively.

Key Responsibilities:
  • Client Consultation: Meet with potential borrowers to assess their needs and determine the appropriate loan products.
  • Conduct thorough interviews and evaluations to gather financial information.
  • Provide clients with clear information on loan terms, conditions, and repayment schedules.
  • Loan Evaluation and Approval: Review and verify loan applications, including credit history and financial documents.
  • Analyze applicants’ financial status, credit, and property evaluations to determine feasibility of granting loans.
  • Make informed recommendations for loan approvals and rejections.
  • Loan Processing and Disbursement: Ensure all loan documentation is complete and accurate.
  • Facilitate the timely disbursement of approved loans.
  • Maintain detailed records of all loan applications, approvals, and disbursements.
  • Client Relationship Management: Build and maintain strong relationships with clients to ensure satisfaction and retention.
  • Provide ongoing support and guidance to clients, helping them manage their loans effectively.
  • Conduct follow-up visits and calls to monitor clients’ financial status and loan repayments.
  • Risk Management and Compliance: Adhere to all company policies, regulatory requirements, and best practices in loan processing and approval.
  • Identify and mitigate potential risks in the loan portfolio.
  • Ensure compliance with all legal and ethical standards in financial transactions.
Read Also:
Qualifications:
  • Diploma in Finance, Business Administration, Economics, or a related field.
  • Proven experience as a Loan Officer or similar role in financial services.
  • Strong understanding of loan processes, financial analysis, and risk assessment.
  • Excellent communication and interpersonal skills.
  • Detail-oriented with strong organizational skills.
  • Proficiency in using financial software and Microsoft Office applications.
  • Ability to work independently and as part of a team.

Key Competencies:
  • Customer-focused with a commitment to providing excellent service.
  • Analytical and critical thinking skills.
  • High level of integrity and ethical conduct.
  • Ability to manage multiple tasks and meet deadlines.
  • Adaptability and flexibility in a dynamic work environment.

Benefits:
  • Competitive salary and performance-based incentives.
  • Comprehensive training and professional development opportunities.
  • Supportive and inclusive work environment.

Important notes:

  • Indicate your salary expectation in your cover letter
  • Must available immediately

How to Apply:
Interested candidates should submit their resume and cover letter to [ jovit@bfi.co.tz ] by [August 16, 2024 ]. Please include “Loan Officer Application” in the subject line.
Go to our Homepage To Get Relevant Information.
Reminder: APPLICANTS SHOULD BE LOCATED IN ARUSHA.
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