Mobilink Microfinance Bank Ltd Jobs October 2024

Mobilink Microfinance Bank Ltd Jobs October 2024

Organization: Mobilink Microfinance Bank Ltd

Job Details

What is Verification Officer – MMBL?

• A Verification Officer supports branches in meeting business targets while maintaining prudent credit risk levels. They conduct independent reviews of loan files for accuracy, participate in credit decisions, and maintain records of loan applications. They perform pre-approval and post-disbursement verifications, ensuring the accuracy and completeness of borrower information. The role involves assessing customers’ creditworthiness, ensuring compliance with credit policies, and providing training

What Verification Officer – MMBL does?

• Support branches to meet business targets while ensuring that credit risk is maintained at prudent level as per policy and guidelines;
• Independent desk review of loan files received from business for accuracy & completeness in line with the credit policy & procedures; highlight discrepancies (if any) for rectifications / removal before further processing
• Participate in branch Credit Committee for credit decisions and impart independent judgment on loan application(s) for approval / rejection) Maintenance of MIS of all loan applications received, processed, rejected;
• Identification & consolidation of reasons of rejection and onward sharing with stakeholders;
• Coordinate with branch/ management to improve loan rejection rate and adopt best practices.
• Conduct post disbursement verifications (as applicable) on sample basis and consolidate findings for onward sharing with Branch Management & Manager Credit Verification/ Head risk analytic for onward sharing with business for rectification and enforcement;
• To conduct pre-approval verification (physical or telephonically – as applicable) to assess the accuracy of information provided by the borrower(s). Cross verify credit worthiness, reputation and repayment capacity of the applicant(s). This includes verifying genuineness & reliability and completeness of information on loan documents.
• Ensure existence of borrowers, their business (economic activity) through cross verification of home & business addresses as per credit policy /procedures. Interact with applicants(s) and properly document the observation if any.
• Ensure to assess customer’s knowledge of the business and purpose of the loan usage. Verify and assess the credit history of the applicant w.r.t CIR (as applicable) in line with Prudential Regulation / Credit Policy / Procedures.
• Ensure vigilance & identify serious non-compliance issues during verifications & document the observation(s) and report to line Managers immediately.
• Inculcate culture of credit compliance in line with bank’s policy / frameworks / prudential regulation / guidelines;
• Establish a strong service culture and mindset focused on customer needs without compromising key controls and in line with credit policy & procedures / other covenants
• Adherence of Credit Policy/ / Procedures / Guidelines circulated from time to time.
• Ensure Credit Policy & Procedural changes are implemented in branches circulated from time to time;
• Ensure that exceptions are obtained and documented as per policy before approval.
• Adherence to office timing and align activities with Branch management to cope with seasonal business fluctuations.
• Provide functional trainings/capacity building/learning days to Branch Staff to strengthen the credit assessment and monitoring.
• Any other assignment given by the Line Manager from time to time
• At the time of onboarding goldsmiths on the branch panel, VO to physically verify his credentials as per the banks policy.
• Conducting Quarterly Verification of Goldsmiths and dispatching verification reports to HO.
• Supervise gold auction process.

What are we looking for and what does it require to be Verification Officer – MMBL?

• Hold a Bachelor’s degree from a reputable Institution in the fields of Business Administration/Banking & Finance/ Agriculture/Economics/Accounts.
• Have 3-5 years of credit and related experience.

Job Locations: Shorkot Branch Apply

What is Relationship Officer Asset Sales – MMBL?

In Mobilink Bank, a relationship officer asset sale plays a pivotal role in fostering meaningful connections between the bank and its customers. Tasked with understanding the unique financial needs and goals of clients, a Mobilink Bank relationship officer serves as a dedicated point of contact for personalized assistance and guidance. Whether it’s opening accounts, navigating financial products, or addressing concerns, they are adept at providing tailored solutions to enhance the banking experience

What Relationship Officer Asset Sales – MMBL does?

• Implement the approved sales/service plans to achieve growth objectives of bank by agreeing micro level sales/service delivery plans with BM/RM.
• Sells products by establishing contact and developing relationships with customers as per defined SOP of the bank.
• Achievement of Targets/Objectives of sales in assigned areas with best ethics and moral practices by following SOPs
• Ensure target achievement through genuine sale by avoiding family loaning, activist base lending and adjustment lending.
• Make business of company profitable through sales of loans and enhancement of number of customers by following SOPs of the bank.
• Marketing of company products and make strategy in this regards
• Aptitude for persuasion and negotiation
• Identifies business opportunities by identifying prospects and evaluation of position of the industry.
• Evaluation of customer’s profile by adopting of five C’s of credit.
• Dissemination of terms and conditions of the products offered by the customers.
• Ensuring on track performance by conducting physical verification of the prospective clients.
• Ensure proactive collection, perusal timely repayment of loans by communication with clients and ensuring hundred percent collections of loans by following SOPs of the bank
• Extra care must be taken while handling of customers legal documents to avoid any misuse.
• Guide customers to deposit their loan repayments at cash counter only.
• Avoid cash handling of any customers of the bank while performing RO function however in case of collection from field proper strict compliance of collection manual must be ensured.
• Preparation of weekly field activity planner and deviation marking in consultation with LM.
• Ensure Monthly/Quarterly meeting of customers as per defined products program.
• Conduct loan booking in strict compliance with bank’s policies, procedures, ethics, and standards.
• Ensure continuous review of product and services related knowledge and recommend areas of improvement through personal/client feedback.
• Conduct market assessment/research to identify selling possibilities and new markets / areas and review the existing market / areas for final decisions in consultation with line manager.
• Meet internal service standards and ensure no service related complaints are received from customers by following bank fair treatment of customer policy.
• Developing and sustaining long-lasting relationship of the bank with customers
• Report cases with intent of fraud or prospective loss to the bank by internal or external customers in any form to his line Manager/HOD.
• Ensure compliance of bank products SOPs and SBPs rules and regulation to safeguards reputation of the bank to avoid any financial, operational and market loss by adopting internal control standards in true letter and spirit.

What are we looking for and what does it require to be Relationship Officer Asset Sales – MMBL?

• Hold a Bachelor’s degree from a reputable Institution, however MBA will be preferable.
• Preferably have at least 0-1 years’ experience in related field.

Job Locations: Arif Wala Branch Apply

Mobilink Microfinance Bank Ltd Jobs October 2024