CREDIT OFFICER - RIVERS STATE

Job Summary

A Credit Officer Level is the entry level in Grooming Centre. The core duty of a Credit Officer includes Client Mobilization, Pre-Loan Assessment and Training, Disbursements, Repayment Collections among others.

Job Details

CREDIT OFFICER (CO)

The Credit Officer shall:

a) Be responsible for overall activities of 20 groups, where each group consists of 10-30 members and the total number of members is 200-400.

b) Ensure quality Pre-loan Training.

c) Ensure that prospective loanees are selected in accordance with the Centre's Policy.

d) Complete group formation in a new area within two weeks of mobilizing the prospective clients.

e) Collect weekly savings from the group members after inclusion of the groups in the Branch, that is, after approval of the groups.

f) Oversee four groups per day in five days of the week except weekend and collect weekly savings and installments as per determined rates/rules.

g) Disburse loans following the set rules, such as member's age, savings balance etc. Be responsible in case of any irregularities.

h) Take the initiative immediately for collection of the installment whenever a member expresses his/her inability to repay the credit installment due to any special reason:

a) Inform the BM instantly about the default,

b) Follow up on the defaulting client and ensure recovery.

i) Maintain savings and credit accounts-related forms/registers correctly on a daily basis. Avoid alterations/corrections with the use of white ink 

j) Discharge special responsibilities assigned by the BM for the interest of the organization.

k) Sign regularly the attendance book-cum-movement register kept in the Branch office.

l) Deposit the money collected from the groups as savings and credit installment into the Branch bank account without any delay. Avoid Cash in Hand.

m) Submit Resignation letter in line with the Centre’s policy. Thereafter, at the end of the notice period, ensure that all assets including documents belonging to the Centre in your custody are submitted together with Hand over note to the Centre through your Branch Manager. This is applicable in the case of transfer, promotion or resignation.

Requirements

OND, HND, B.SC. etc.

About Company

Grooming Centre

https://groomingcentre.seamlesshiring.com

<p>Grooming Centre is a Non-Governmental Organization (NGO) founded in December 2006, and registered with the Corporate Affairs Commission (CAC) Certificate Number CAC/IT/NO 24198, to address the near absence of financial services to the large population of economically active poor people engaged in small trading and micro productive activities in many parts of Nigeria.</p><p>The Centre is the result of the strong commitment of a group of microfinance practitioners to building a vibrant and high growth organization that will play a leading role in improving access to financial services for the poor. It is a membership organization which implements a radical action programme through a range of financial services delivered to the door-step of its members.</p>