BUSINESS OFFICER AT BOSAK MICROFINANCE BANK LIMITED | BUSINESS OFFICER JOBS IN LAGOS

About Company:

Bosak Microfinance Bank Limited was incorporated in December 2009 with the business objective of providing financial service to micro clients who were excluded from the mainstream financial system. It commenced operations in June 2010 upon obtaining a Unit Microfinance Banking License from the Central Bank of Nigeria. It later obtained a State Microfinance Banking License in 2016. Bosak Microfinance Bank Limited’s financial inclusion effort focuses on promoting savings culture, access to credit facilities for income-generation purposes and reducing vulnerability to risk through micro insurance.

Job Description:

We are seeking a high-velocity and analytically elite Business Officer to anchor the credit engine of Bosak Microfinance Bank. In the specialized landscape of Nigerian micro-finance, success is defined by "Capital Sovereignty", the ability to harmonize high-volume loan applications with the clinical precision required for Financial Status Analysis, Credit History Verification, and Collateral Valuation. This role is designed for a "Credit Architect" with 1–3 years of experience who can blend "Relational Grit" (meeting with applicants and explaining complex terms) with the "Technical Agility" required to approve loans within specified limits and maintain 100% regulatory compliance.

Requirements:

1. Credit Orchestration & Portfolio Governance

• Approval Sovereignty: Approve loan applications within specified limits with millimetric focus, acting as the primary "Source of Capital Deployment."

• Verification Architecture: Obtain and compile corporate financial statements and credit histories, providing the "Structural Foundation" for informed lending.

• Compliance Stewardship: Ensure 100% adherence to credit policies and risk management guidelines, ensuring the "Source of Institutional Safety" is elite and uncompromised.

2. Tactical Resilience & Client Logic

• Engagement Sovereignty: Meet with applicants to obtain required data and resolve inquiries, acting as the primary "Source of Client Clarity."

• Advisory Architecture: Explain loan products and terms/conditions with high-fidelity accuracy, providing the "Educational Foundation" for transparent micro-lending.

• File Stewardship: Maintain and update accurate credit and loan files, maintaining the "Source of Audit-Readiness."

3. Operational Integrity & Performance Power

• Analytical Sovereignty: Determine loan feasibility through rigorous collateral and financial status reviews, acting as the primary "Source of Risk Mitigation."

• Reporting Architecture: Provide periodic updates on loan portfolio performance to management, providing the "Visual Foundation" for strategic oversight.

• Velocity Logic: Utilize 1–3 years of sector expertise to expedite applications through the approval funnel, maximizing the "Source of Operational Throughput."

Qualifications and Skills:

Professional Profile

• Education: Minimum of OND qualification.

• Experience: 1 – 3 years of experience in micro-finance or a related lending environment.

• Knowledge Base: Strong understanding of credit analysis, financial statements, and collateral valuation.

• Attributes: High integrity, passion for financial inclusion, and strong communication skills.

Core Competencies

• Analytical Grit: Ability to assess creditworthiness and financial feasibility accurately.

• Operational Sovereignty: Excellence in self-managing a diverse portfolio of loan applicants.

• Regulatory Power: Strict adherence to risk management and internal credit policies.

Salary

Application Closing Date: Not specified

Application Instructions:

Interested and qualified candidates should send their CV to: recruitment@bosakmfb.com using “Loan Officer” as the subject of the email.