Individual Loan Officers (Several positions)

  • MEDF
  • Full time
  • 2 months ago
  • Lilongwe
  • Salary 000 / Monthly

Job Description

The Malawi Enterprise Development Fund Limited (MEDF), a licensed Microfinance Institution wholly owned by the Government of Malawi invites applications from suitably qualified persons with proven hands-on microfinance, banking, sales experience to fill positions tenable at its branches throughout the country as follows:


Position: 
Individual Loan Officers

The job of a loan officer is to create and maintain a sound and profitable loan portfolio and therefore these loan officers will be responsible for:

  • The promotion of all MEDF loan products.
  • Mobilization of loan groups or individual clients.
  • Training in group dynamics, business and credit management.
  • Appraisal of loan applications and group cohesion.
  • Aggressive on-time monitoring of loan repayments.
  • Timely reconciliation of loan account transactions using MEDF core banking system.
  • Recovering of loans as an individual or a team.

Desirable Qualifications and traits

  • Minimum of Diploma in Business Administration, Marketing, Banking, Finance, Economics, Accounting
    or Education.
  • Computer literacy is a MUST.
  • Verifiable minimum experience of three (3) years in a well-recognized financial institution.
  • Applicants must be mature, of high integrity and capable of working with minimum supervision.
  • Proven passion of driving key performance indicators of the loan portfolio.
  • Willingness and commited to work with the rural communities and at odd hours.
  • Those with motorcycle driving licenses will have an added advantage.


Method of Application

Interested individuals who meet the above requirements should submit their applications, copies of certificates, and updated CVs with at least three (3) traceable referees indicating the position you are applying for to the following address not later than 24th August, 2020:

The Chief Executive Officer
MEDF Head Office
P.O. Box 779
LILONGWE

More information is available on: https://www.medf.mw/

Only shortlisted applicants will be acknowledged.

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