An exciting opportunity has arisen for a Loans Officer at our Harare Branch. Qualified and experienced candidates are invited to apply. The candidate shall be responsible for assessing, recommending, processing, monitoring and recovering loans.
Job Summary
- Type: full-time
- Location: Harare
- Category: Banking
- Closing Date: 2026-08-12
Key Responsibilities
- 1.1 LOAN PROCESSING.
- Identify potential clients
- Receives Loan applications.
- Conducting loan assessment and recommends
- Preparing of loan contracts and facilitating the signing process by the clients.
- Maintain updated records of loans.
- Loan disbursements
- 1.2 MARKETING BANK PRODUCTS
- Identifying business opportunities.
- Sells Bank products ie Bancassurance, account opening, MPOS machines etc
- Manage loan client relationship Management
- 1.3 LOAN REPAYMENT
- Daily loan repayment collection
- Serving of demand letters to delinquent loans
- Monitoring own loan portfolio
- 1.4 Financial literacy trainings
- Training clients on proposal writing and business management.
- Opening of saving accounts
Requirements
- Degree in Banking & Finance or related Business degree
- Three years’ experience as Loans Officer in a banking or microfinance sector
- Clean Driver’s licence is a MUST
How to Apply
To apply, please visit: ihararejobs.com
Frequently Asked Questions
What typical qualifications and educational background are required for a Loans Officer position in Zimbabwe?
Most Zimbabwean banks prefer candidates with a Bachelor's degree in Banking & Finance, Business Studies, Economics, or a related field. Relevant professional certifications from institutions like the Institute of Bankers of Zimbabwe (IOBZ) can also significantly enhance your application.
What are the common day-to-day responsibilities of a Loans Officer in a Zimbabwean banking environment?
A Loans Officer typically evaluates loan applications, assesses client creditworthiness, and ensures compliance with lending policies and regulatory frameworks. This includes engaging with clients, preparing loan proposals, and monitoring existing loan portfolios to minimize risk.
What is the typical work culture and what are the key expectations for a Loans Officer in Zimbabwean banks?
The banking culture in Zimbabwe is generally professional, target-driven, and emphasizes strong client relationships and adherence to ethical standards. Key expectations include high integrity, excellent communication skills, and a proactive approach to meeting both sales targets and risk management objectives.
What are the realistic career progression paths for a Loans Officer within the Zimbabwean banking sector?
A Loans Officer can typically advance to roles such as Senior Loans Officer, Relationship Manager, or Credit Analyst within the same or different departments. Further progression might lead to Branch Management, Head of Credit, or specialized lending leadership roles.
What typical benefits can a full-time Loans Officer expect from a banking role in Zimbabwe?
Full-time banking roles in Zimbabwe usually offer a comprehensive benefits package including medical aid coverage, pension contributions, and various types of leave such as annual, sick, and maternity. Some institutions may also provide performance-based incentives, staff loan facilities, or professional development opportunities.
What do Zimbabwean employers look for in a Loans Officer candidate, and how should one best prepare for the application process?
Employers seek candidates with strong analytical skills, a solid understanding of credit principles, and excellent interpersonal abilities to build client trust and achieve sales targets. Highlight your experience in sales, customer service, or financial analysis in your CV and be prepared to demonstrate these skills during interviews.