CREDIT CONSULTANT

Job description

OVERVIEWFinanceRite Limited, a duly registered financial institution, invites applications from suitably qualified and experienced Malawians for the position of Credit Consultant, based in Lumbadzi, Lilongwe.The successful candidate will identify and acquire creditworthy clients, appraise and process loan applications, facilitate loan disbursements, manage the loan portfolio, and ensure timely and full recovery of loans.The role requires strong credit management skills, particularly in loan recoveries, portfolio quality management and client relationship management.JOB TYPE: Full TimeDate Posted: Wednesday, 11th November 2026Application Deadline: Friday, 13th November 2026Duty Station: Lumbadzi, LilongwePOSITION: CREDIT CONSULTANTJOB SUMMARYThe Credit Consultant will promote FinanceRite's loan products, identify potential clients, assess creditworthiness, process loan applications, monitor repayment performance, and manage loan recoveries.The successful candidate will also support group lending activities, maintain accurate client records, and ensure compliance with the company's credit policies and operational procedures.DUTIES AND KEY RESPONSIBILITIES1. Marketing and Client AcquisitionMarket and promote FinanceRite's loan products to prospective individuals, groups and businesses.Identify and recruit potential clients while building and maintaining a sustainable client base.Maintain regular contact with clients and identify opportunities for repeat business.2. Loan Appraisal and DisbursementConduct client interviews, field visits and business assessments to establish creditworthiness and repayment capacity.Appraise loan applications and analyse financial information.Make appropriate credit recommendations in accordance with the company's credit policies.Facilitate loan processing, approval and disbursement in line with established procedures.3. Group Lending and Client SupportFacilitate group formation, training and ongoing support under the group lending methodology.Maintain positive relationships with clients and provide appropriate support throughout the loan cycle.4. Portfolio Monitoring and Loan RecoveryMonitor loan portfolios and track repayment performance to maintain good portfolio quality.Actively manage loan recoveries, including following up overdue accounts, conducting field collections, negotiating repayment arrangements and implementing appropriate recovery strategies.Ensure timely repayment and full recovery of loans disbursed.Minimise portfolio at risk and loan losses.5. Documentation and ComplianceMaintain accurate client records, loan documentation and portfolio reports.Comply with the company's credit policies, operational procedures and applicable regulatory requirements.Perform any other duties assigned by Management.

Requirements

Apply by email: info@financerite.co.mw