Cluster Loan Officer (Trader Finance) Job

Confidence Microfinance Bank is recruiting suitable candidates o fill the position below:

Job Position: Cluster Loan Officer (Trader Finance)

Job Location: Kwara

About the Role

• We are hiring Cluster Loan Officers to drive our trader loan product targeted at daily-income earners (market women, POS agents, artisans, transport operators, etc.).

This is a high-impact field role responsible for:

• Sourcing qualified traders
• Disbursing small-ticket loans
• Ensuring daily/weekly repayments
• Managing a defined market cluster.

Key Responsibilities
Loan Origination:

• Identify and onboard traders within assigned clusters (markets, streets, hubs)
• Educate customers on loan products and repayment structure
• Build strong relationships with trader associations and market leaders
• Meet weekly acquisition targets

Collections & Recovery (Most Important):

• Drive daily/weekly loan repayments
• Maintain repayment discipline within your cluster
• Follow up aggressively on overdue accounts

Cluster Ownership:

• Take full ownership of your assigned market/area
• Build a strong borrower network within your cluster

Performance Targets:

• Number of active borrowers onboarded monthly
• Portfolio size within your cluster
• Repayment rate.

Requirements

• Minimum of OND / HND / BSc Degree in any discipline
• 1 - 3 years experience in:
  • Microfinance / field credit
  • FMCG sales
  • Agency banking / POS business
• Strong understanding of informal markets and trader behavior
• Ability to work on the field daily
• Must be street-smart, assertive, and results-driven
• Comfortable handling cash collections and repayment follow-ups.

Compensation

• Base Salary: N80,000 – N120,000

High Commission on:

• Loans disbursed
• Repayments collected
• Performance Bonuses for low default rates.

Method of Application
Interested and qualified candidates should forward their CV to: [email protected] using the Job Position as the subject of the email.