Mipraise Investment Limited is an offshoot of Mipraise Multipurpose Cooperative Society Limited, established on 2nd September 2014 to provide microfinance services to nano, micro, small, and medium-scale enterprises in Nigeria. Since inception, the Cooperative has achieved consistent growth and success by offering excellent financial services in a welcoming, customer-focused environment.

At Mipraise, we take pride in our team of professional staff and our commitment to leveraging world-class technology to deliver value-driven solutions. Joining us means becoming part of an innovative, service-oriented organization that empowers businesses, fosters financial inclusion, and creates opportunities for both customers and employees to thrive.

We are recruiting to fill the position below:

Job Title: Loan Manager

Locations: Lagos & Benin – Edo
Employment Type: Full-time

Job Summary

• The Loan Manager will oversee the company’s credit and loan operations, ensuring effective deposit mobilization, quality risk asset creation, and excellent service delivery.
• The role involves supervising credit officers, driving branch-level performance, building and maintaining strong customer relationships, and ensuring compliance with credit policies and regulatory standards.
• With 5–8 years of relevant experience, the Loan Manager is expected to bring leadership, strategic insight, and operational discipline.
• Successful performance in this role positions the candidate for appointment as a Branch Manager after one year.

Key Responsibilities

• Lead and supervise credit officers in executing the company’s credit and marketing strategies.
• Drive deposit mobilization and ensure achievement of set financial and operational targets.
• Oversee the appraisal, approval process (within limits), and documentation of loan applications to ensure compliance with company policies and regulatory standards.
• Monitor the loan portfolio, proactively manage risks, and ensure effective recovery strategies to minimize default.
• Build and maintain strong client relationships, especially with high-value customers.
• Conduct periodic market and competitor analysis to support strategic decision-making.
• Provide coaching, mentoring, and on-the-job training for credit officers to strengthen staff capacity.
• Champion excellent customer service delivery and promote a performance-driven culture.
• Participate in periodic planning, budget sessions, and branch performance reviews.
• Prepare regular reports on loan performance, customer feedback, and market intelligence for management.
• Perform other duties as assigned by senior management.

Qualifications & Requirements

• Bachelor’s degree in Accounting, Banking & Finance, Business Administration, Economics, or related fields. A Master’s degree or professional qualification (e.g., ACA, ACCA, CFA, CIBN) is an added advantage.
• 5–8 years of relevant work experience in microfinance, commercial banking, or financial services (with at least 3 years in a supervisory role).
• Strong leadership and people management skills.
• Proven track record in loan portfolio management, credit risk assessment, and deposit mobilization.
• Excellent communication, negotiation, and interpersonal skills.
• Proficiency in Microsoft Office and familiarity with core banking applications.
• High level of integrity, accountability, and ethical conduct.

Key Competencies:

• Leadership and team development.
• Strong credit and risk management skills.
• Strategic thinking and problem-solving ability.
• Customer focus and relationship management.
• Performance-driven mindset with results orientation.

Application Closing Date
22nd October, 2025.