Loan Officer

at Mlimani SACCOS Ltd (MSL)
Location Dar es Salaam, Tanzania, United Republic of
Date Posted August 9, 2023
Category Accounting
Finance
Job Type Full-time
Currency TZS

Description

Mlimani SACCOS Ltd (MSL) is a Saving and Credit Cooperative Society registered in year 2003 with the aim of serving the university of Dar es Salaam employees, their immediate families and retiree with financial Services at affordable costs using the Cooperative Business Model. MSL is currently is looking to hire qualified and eligible Tanzanians to fill vacant positions as part of its effort to build a strong, innovative and efficient Management team that will fast track the realization of its mission.

TITLE: Loan Officer 1 Position

Position Description

The Loan Officer shall report directly to the Manager/Chief Accountant of MSL and shall be responsible for reviewing, authorizing and recommending loans for approval. He or She shall meet with applicants to determine their creditworthiness before deciding whether or not they will offer them an emergence loan or a long term loan. He or She shall go through each application individually, looking at what type/amounts an individual can afford based on specific principles. The Loan Officer shall at any given time, stay current with lending regula­tions, the economy and market rates.

  • Duties and Responsibilities. Provided in MSL Job Description Manual
  • Professional and Academic Requirements
  • Bachelor of Commerce (Finance /Accounting) OR equivalent qualifications from accredited University/lnstitution
  • Age between 20-55 years.
  • At least One years’ relevant experience at a management level in a SACCOS or Financial institution. (Micro-Finance).
  • Experience with accounting software is a plus
  • Possession of MBA, Qualifications in SACCOS’s operations, First degree in Cooperative Management, Business Manage­ment, Microfinance, Marketing, Entrepreneurship will be an added advantage.
  • Customer service-oriented with exceptional marketing skills.

RENUMERATIONS

Competitive salaries and benefits will be offered for each of the positions

Applying Instructions

Interested applicants should submit their applications attached with CVs and certified copies of their Certificates to:

Mlimani SACCOS Ltd,

University of Dar es Salaam P0 Box 35091 Dar es Salaam Or send soft copies of their applications with all relevant attach­ments to:

Email: mlimanisaccoslimited@gmail.com

The deadline for receiving applications is 11:59 PM on the 20th day of August 2023

ADDITIONAL INFORMATION

  1. Only those applications that meet minimum qualifications will be considered.
  2. Shortlisted candidates will be informed and shall be required to attend interviews any time between
  3. The MSLs’ Board recruitment decision is final
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