Job Description
Applications are invited from suitably qualified candidates for the position of Trainee Loans, Recoveries and Collections Officer that has arisen within a microfinance institution. The position is based in Harare. The main responsibility of this role is business development in addition to the following;
Duties and Responsibilities
▪ The incumbent is expected to develop marketing plans and drive sales to meet production targets.
▪ Social media and digital marketing management.
▪ Communicate a thorough understanding of different loan programs and disclosing costs to help prospective clients make a decision.
▪ Collect and prepare all materials needed to secure a loan.
▪ Also responsible for reviewing loan applications and recommending action from superiors.
▪ Ensure loan repayments within agreed time lines.
▪ Provide management portfolio trend analysis on a regular basis and recommend measures to curb NPLs deterioration.
▪ Manage the impaired/bad book within the acceptable regulatory limits.
▪ Develop and maintain good rapport with other staff and clients.
▪ Conduct site visits to assess viability of customer projects and resolve queries with set deadlines.
Qualifications and Experience
Qualifications, Knowledge, Skills and Attributes
6 ‘Level passes including English Language and Mathematics and at least 3 ‘A’ level passes
A bachelor’s degree in Business Studies, Marketing, or similar field
Must be a recent graduate (at most 2 years)
Experience within a credit and or Risk management is an added advantage
Clean class 4 driver’s license
Strong communication and analytical skills
How to Apply
Applications including detailed CVs and proof of qualifications must be emailed to [email protected] clearly marked ‘Trainee LOANS Officer’ not later than 19 Dec 2023.
VacancyHQ Expert Job Listing Tips
Application Tips
- Alignment with Job Requirements: In my experience, a CV should mirror the capabilities required for the job. Make sure you highlight your skills in Business Studies, Marketing, or similar fields. *
- Highlight achievements and experience: Have you had any experience in credit or risk management? Even if minimal, indicate this on your CV. This is an added advantage.
- Communication and analytical skills: The hiring institution will appreciate evidence of your strong communication and analytical skills. Include examples from past jobs, internships, studies, or volunteer experiences.
- Recent Graduate: If you've graduated in the past two years, emphasise this in your CV. The organization is specifically looking for recent graduates.
- Valid Driver's License: The job requires a clean class 4 driver's license. Ensure to mention this in your CV if you possess it.
Areas of Note
- Application deadline: Applications must be submitted by December 19, 2023. Applicants must take note of this.
- Email Application: The job requires applications and supporting documents to be emailed to a specific address. Do not overlook the email submission process and the need to clearly mark the subject line.
- Clean class 4 driver’s license: This is a unique requirement you wouldn't usually find, so it's important to give it attention. Don't apply if you can't meet this criterion unless you can make a strong case for transportation alternatives.
- The job involves site visits, which could imply frequent traveling. Job seekers need to be comfortable with this aspect of the role.
- Fresh Graduates: Notice that recent graduates are targeted. This means there are employment opportunities in Zimbabwe for early-career professionals.
Standing Out
- Demonstrate capability: Show that you are already familiar with core responsibilities like loan program knowledge, resolving queries and driving sales to meet targets. This could make you stand out as a candidate who requires less training.
- Emphasise on Digital Marketing: Note the mention of social media and digital marketing – these are powerful tools in today's job market. By showcasing your skills in these, you can separate yourself from the crowd. This is especially relevant for job offers in Zimbabwe.
- Cultivating Relationships: Mention and provide examples of how you have developed and maintained good rapport with colleagues and clients in the past. This could be a game changer and set you apart as a desirable candidate for job vacancies in Zimbabwe.
Aspects Novice Applicants Might Miss
- Portfolio trend analysis: What I've noticed overtime, is that the necessity for trend analysis and recommendation of measures is often overlooked, yet it's fundamental in a role such as this.
- Detailed Application: Several novice candidates apply with so much enthusiasm, but tend to neglect the demand for detailed CVs and proof of qualifications. A thorough application can set competent candidates apart in vacancies in Zimbabwe.
- Role Scope Understanding: Often, applicants fail to grasp the depth of the role, which includes business development, marketing plans, loans and collections. It's crucial to demonstrate a full understanding of what the job entails, especially for jobs in Zimbabwe.