BUSINESS DEVELOPMENT OFFICER @ LOLC TANZANIA
LOLC TANZANIA is a leading financial services provider committed to empowering individuals and businesses with accessible loan solutions, driving sustainable growth and financial success. As a Business Development Officer, you will be responsible for driving business growth by identifying and converting high-potential loan opportunities while achieving monthly targets and maintaining a 100% collection rate. The role involves conducting comprehensive credit analysis, including client assessment, loan structuring, and collateral evaluation in line with company policies. You will prepare, review, and submit complete and accurate credit proposals with supporting documentation to the Head Office. Additionally, you will monitor and manage loan portfolio performance, proactively identifying and mitigating risks to ensure portfolio quality, while providing market insights and mentorship to junior officers.
Key Requirements
Bachelor's degree in Business, Marketing, Finance, Economics, or a related field.
At least 3 years of experience in business development, sales, or relationship management in Financial Institutions.
Strong knowledge of car loans or similar financial products.
Excellent communication, negotiation, and interpersonal skills.
Ability to build rapport and establish trust with clients.
Self-motivated and goal-oriented with a track record of achieving sales targets.
Proficient in credit analysis, including client assessment and loan structuring.
Experience in collateral evaluation in line with company policies.
Proven ability to maintain a 100% collection rate on loan portfolios.
Strong analytical skills to monitor and manage loan portfolio performance.