Loan Administrator

Job opening: accounting, finance jobs, jobs in Nigeria

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Loan Administrator
Location: All Nigeria
Last update:

Ad description


  • Review all Loan documents prior to Funding
  • Verification of Internal Credit Approvals and Loan Covenants
  • Review, Certify and Safeguard all Collateral/Document Submission in accordance with RESOLUTION FINANCE LIMITED Loan operation policy/process manual
  • Maintain Collateral Inventory and accurate accounting of all activities
  • Identify and Register Loan Repayments ensuring correct application of Funds and summary ledger
  • Maintain orderly physical Loan files with copies of critical documents justifying the entries in the loan accounts as well as correspondence with the borrowers and other departments within the RFL
  • Prepare, on a regular basis, draft correspondence to Borrowers providing information on their arrears and sanctions position indicating their negative implication both on the Borrowers and RFL
  • Verify the bi-monthly arrears position of Borrowers, and monitor system for prompt identification and processing of overdue loan repayments
  • Interest income recognition as well as other necessary accounting ledgers to be maintained.
  • Perform other related duties as assigned


  • Ability to communicate effectively
  • B.Sc degree in Business Administration, Accounting, Finance, Economics or equivalent experience
  • 5+ years experience in financial industry. Professional qualification would be an added advantage
  • Must be service oriented
  • Good complex solving skills
  • Time management skills
  • Negotiation skills
  • Must be an active listener
  • Strong judgment and decision making skills
  • Work experience: 5-8 years
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