VACANCY ANNOUNCEMENT

Business Development Officer

Company: LOLC Tanzania
Location: Dar Es Salaam, Tanzania

Company Overview

LOLC Tanzania is a leading financial services provider dedicated to empowering individuals and businesses through accessible loan solutions to drive sustainable growth and financial success.

Key Responsibilities

• Growth & Targets: Drive business growth by identifying and converting high-potential loan opportunities.
• Collection: Achieve monthly targets while maintaining a 100% collection rate.
• Credit Analysis: Conduct comprehensive credit analysis, including client assessments, loan structuring, and collateral evaluation according to company policies.
• Proposals: Prepare, review, and submit complete and accurate credit proposals with supporting documentation to the Head Office.
• Portfolio Management: Monitor and manage loan portfolio performance, proactively identifying and mitigating risks to ensure quality.
• Mentorship: Provide market insights and mentorship to junior officers to enhance overall performance and customer engagement.

Qualifications

• Education: Bachelor’s degree in Business, Marketing, Finance, Economics, or a related field.
• Experience: At least 4 years of experience in business development, sales, or relationship management within Financial Institutions.
• Product Knowledge: Strong knowledge of car loans (or similar financial products).
• Skills: Excellent communication, negotiation, and interpersonal skills.
• Client Relations: Ability to build rapport and establish trust with clients.
• Mindset: Self-motivated and goal-oriented, with a proven track record of achieving sales targets.

How to Apply

• Email: Submit your resume to Recruitment.T@lolc.co.tz
• Subject Line: Must include the title of the position: Business Development Officer
• Deadline: February 28, 2025