Loan Officer

  • Full Time
  • Lusaka

North Star

Job Vacancy: Loan Officer

Company: North Star

Location: Lusaka, Zambia

Job Description:

North Star is seeking a knowledgeable and customer-focused Loan Officer to manage our lending operations in Lusaka. The Loan Officer will be responsible for evaluating loan applications, assessing creditworthiness, and approving or recommending loan approvals.

Key Responsibilities:

  • Evaluate loan applications and assess creditworthiness.
  • Conduct interviews with loan applicants to determine financial eligibility and feasibility.
  • Analyze financial statements and credit reports.
  • Approve or recommend loan approvals based on risk assessment.
  • Ensure compliance with lending regulations and policies.
  • Monitor loan accounts and manage delinquent loans.
  • Provide financial advice and support to loan applicants.

Requirements:

  • Proven experience as a Loan Officer or in a similar role.
  • In-depth knowledge of lending practices and regulations.
  • Proficiency in loan management software and MS Office.

Education:

  • Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.

Skills:

  • Strong analytical and decision-making skills.
  • Excellent communication and interpersonal abilities.
  • Attention to detail and accuracy.
  • Ability to manage multiple tasks and meet deadlines.

Experience:

  • At least 3-5 years of experience in loan processing and evaluation.
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