The Role

Loanco Financial Services Limited is a Bank of Zambia licensed non-bank deposit-taking microfinance institution specialising in payroll lending. We are expanding our Credit team to support growing loan volumes.

The Credit Assessor owns each loan application from the moment it is received until a clear recommendation is made. Once you open an application, you take full responsibility for it through capturing, assessment, CRB checks, affordability, external settlements and the final recommendation (approve, reject or pending further information).

Key Responsibilities

• Receive and open loan applications and take immediate ownership.
• Capture complete client and employer details on the loan management system.
• Perform full credit assessment: document verification, affordability analysis, CRB checks and external settlement procedures.
• Prepare a clear recommendation for the Credit Manager (approve / reject / pending).
• Maintain accurate system notes and ensure compliance with credit policy and Bank of Zambia requirements.
• Contribute to daily pay-away readiness by completing assessments timeously.

Requirements

• Experience in Payroll Credit Assesment, a Diploma or Degree in Banking, Finance, Business Administration or a related field not required but would be taken into consideration.
• Minimum 1–2 years’ experience in credit assessment, loan processing or credit administration in a bank, microfinance or payroll-lending environment.
• Strong understanding of affordability, CRB and document verification.
• High attention to detail, integrity and ability to take ownership of files.
• Computer literate (Excel, loan systems).

• Receive and open loan applications and take immediate ownership.
• Capture complete client and employer details on the loan management system.
• Perform full credit assessment: document verification, affordability analysis, CRB checks and external settlement procedures.
• Prepare a clear recommendation for the Credit Manager (approve / reject / pending).
• Maintain accurate system notes and ensure compliance with credit policy and Bank of Zambia requirements.
• Contribute to daily pay-away readiness by completing assessments timeously.

• Strong understanding of affordability, CRB and document verification.
• High attention to detail, integrity and ability to take ownership of files.
• Computer literate (Excel, loan systems).

• A Diploma or Degree in Banking, Finance, Business Administration or a related field is not required but would be taken into consideration.