Vacancy for Experienced Loan Officer at Baobab Microfinance Bank

Are you an energetic finance professional who enjoys working in the field, engaging directly with clients, and driving financial inclusion across communities?  we are currently recruiting Experienced Loan Officers at Baobab Microfinance Bank Nigeria to support our nationwide expansion and strengthen access to sustainable financial solutions for individuals and small businesses across Nigeria.

This role is for target driven individuals with strong interpersonal skills, integrity, and a passion for grassroots banking. As an Experienced Loan Officer, you will play a key role in client acquisition, loan processing, monitoring, and recovery while representing Baobab’s values at the community level.

About Baobab Microfinance Bank Nigeria
Baobab Microfinance Bank Nigeria is a leading financial services institution committed to empowering individuals, micro-entrepreneurs, and small businesses through innovative and inclusive financial products. The bank offers a wide range of services including savings, loans, and other tailored financial solutions designed to meet the evolving needs of its diverse client base.

Driven by a strong mission of financial inclusion and sustainable development, Baobab has built a reputation as a trusted partner within the communities it serves, helping clients grow their businesses, improve livelihoods, and achieve long-term financial stability.

• Job Title: Experienced Loan Officer
• Company: Baobab Microfinance Bank
• Location: Lagos State
• Employment Type: Full time
• Reporting To: Branch Supervisor

Job Summary

The Experienced Loan Officer will be responsible for marketing Baobab’s financial products, assessing prospective clients, processing loan applications, and managing loan portfolios. The role involves extensive fieldwork, including visits to client businesses and residences, monitoring loan utilization, and ensuring timely loan repayment.

This position requires a high level of discipline, analytical ability, and customer relationship management skills, as well as the capacity to work independently while meeting assigned targets.

Main Responsibilities

• Promote and market Baobab Microfinance Bank’s products and services to prospective clients.
• Identify, visit, and evaluate potential client businesses for loan eligibility.
• Conduct visits to clients’ personal residences for verification and assessment purposes.
• Visit co-debtors and guarantors’ homes and business locations as part of the credit appraisal process.
• Analyze financial data related to clients’ businesses, income sources, and household cash flows.
• Carry out both quantitative and qualitative analysis of client businesses and households.
• Prepare comprehensive loan documentation for submission to the Credit Committee.
• Present loan applications and credit reports to the Credit Committee when required.
• Accurately enter and manage loan files within the Management Information System (MIS).
• Conduct regular monitoring visits to clients’ businesses and households after loan disbursement.
• Follow up consistently on loan repayments to ensure compliance with agreed schedules.
• Manage loan recovery for active and written-off clients until full repayment is achieved.
• Assess the impact of loans on client businesses prior to renewal decisions.
• Support deposit mobilization initiatives in line with branch targets.
• Carry out any other duties assigned by the Branch Supervisor or line manager.

Educational Qualifications & Requirements

• BSc or HND minimum qualification in any discipline.
• Completion of the National Youth Service Corps (NYSC) is mandatory.
• Fluency in English (both written and spoken).
• Basic knowledge of accounting, finance, and mathematics.
• Previous work experience or formal training in sales is required.
• Prior experience in a Microfinance Bank (MfB) or commercial bank is an added advantage.

Skills & Competencies

• Detail-oriented with strong analytical and documentation skills.
• Target-driven and result-oriented mindset.
• Articulate, confident, and well-spoken with excellent interpersonal skills.
• High level of integrity, honesty, and professionalism.
• Dynamic, self-motivated, and comfortable working outdoors and in the field.
• Ability to manage multiple clients and meet deadlines with minimal supervision.

Benefits of Applying

• Opportunity to work with a reputable and mission-driven microfinance institution.
• Hands-on experience in retail and microfinance banking operations.
• Career growth and advancement opportunities within Baobab Microfinance Bank.
• Exposure to community-based banking and financial inclusion initiatives.
• Competitive performance-based remuneration and incentives.
• Skill development through on-the-job training and professional experience.

How to Apply

Interested and qualified candidates should apply through Baobab Microfinance Bank’s official recruitment portal using the link below:

Application Link: Click Here To Apply Online

Application Closing Date: 22 February, 2026

Note: Only shortlisted applicants will be contacted.

Important Notice

Thenationjob.com.ng is not affiliated with Baobab Microfinance Bank and does not charge applicants any fees for job applications, tests, interviews, or recruitment processes. Baobab Microfinance Bank has not authorized any individual or agent to request payment from job seekers. Applicants are advised to apply only through the official application link provided and to be cautious of recruitment scams.