ASSISTANT LOAN OFFICER

Job description

VACANCY ANNOUNCEMENT@ MALAWI ENTERPRISE DEVELOPMENT FUND LIMITED (MEDF)POSITION: ASSISTANT LOAN OFFICERLocation: Various MEDF Branches Across MalawiABOUT MEDFThe Malawi Enterprise Development Fund Limited (MEDF) is a government-owned microfinance institution committed to economically empowering ordinary and underserved Malawians through affordable and sustainable microfinance services.MEDF invites applications from suitably qualified, mature, ambitious and professional Malawian nationals to fill the position of Assistant Loan Officer.KEY DUTIES AND RESPONSIBILITIES- Planning annual loan disbursements within the assigned geographical area.- Screening and assessing loan applicants.- Training clients in group dynamics, business management and credit management.- Assisting clients with loan application documentation.- Processing loan applications for consideration by the Credit and Operations Committee.- Disbursing loans to qualifying clients.- Collecting loan repayments and conducting loan recoveries.- Maintaining accurate client databases and repayment records.- Conducting community outreach and awareness campaigns.- Monitoring loan portfolios and identifying potential recovery risks.- Preparing recovery reports and implementing loan recovery strategies.- Addressing customer enquiries and complaints professionally.QUALIFICATIONS AND EXPERIENCE- A Diploma from an institution accredited by the National Council for Higher Education (NCHE).- Work experience in a similar role within a microfinance institution.ADDED ADVANTAGES- A Bachelor's degree from an NCHE-accredited institution.- Experience in microfinance or community-based lending.- Strong knowledge of credit analysis and risk assessment.- Proficiency in loan management software.HOW TO APPLYInterested applicants should submit:- An updated Curriculum Vitae (CV).- Copies of relevant academic and professional certificates.- At least three (3) traceable referees.Applications should be submitted through the link below:https://www.medf.mw/vacancies/11CLOSING DATE:Thursday, 19th November 2026Only shortlisted applicants will be acknowledged.