Business Development Officer (Loan Officer and Collection Officer)New!

Description (Public)

The Business Development Officer is responsible for growing the loan book by acquiring new customers, appraising businesses and homes, disbursing loans within target and collecting on the assigned portfolio.

Duties, Roles and Responsibilities

Market the company's loan products and generate new leads.
Onboard new customers and carry out accurate data entry.
Develop disbursement strategies to meet monthly loan targets.
Conduct thorough business and home appraisals before approval.
Maintain and retain clients, and reactivate dormant accounts.
Enforce repayment across the assigned portfolio and follow up on active loans.
Ensure loans are cleared on or before the due date.

Qualifications, Education and Competencies

Qualifications & Experience:

Bachelor's degree in Business, Finance, Economics or a related field.
At least 2 years of experience in lending, sales or debt collection.

Skills & Competencies:

Strong selling and customer acquisition ability.
Credit appraisal and risk assessment skills.
Firm, professional negotiation and follow-up skills.

How to Apply

About Newark Frontiers

Newark is a financial services company registered in Kenya as a Credit-Only Institution specializing in loans to Enterprises, whether small, medium, or large. Newark started its operations in 2017 with a fundamental belief in promoting the growth of businesses. Our focus is investing in every dream of an entrepreneur through credit and enhancing business sustainability through financial literacy.