Mobilink Microfinance Bank Ltd. is hiring Verification Officer

Mobilink Microfinance Bank is seeking a Verification Officer to support branch business targets while maintaining prudent credit risk standards. The position is responsible for reviewing loan applications, conducting pre-approval and post-disbursement verifications, assessing borrower creditworthiness, ensuring compliance with credit policies, and supporting sound credit decisions.

Key Responsibilities

• Review loan files independently for accuracy, completeness, and compliance with credit policies.
• Identify discrepancies and ensure rectification before further processing.
• Participate in Branch Credit Committee meetings and provide independent recommendations on loan approvals or rejections.
• Maintain MIS records of loan applications received, processed, and rejected.
• Analyze and consolidate reasons for loan rejections and share findings with relevant stakeholders.
• Conduct pre-approval verification through physical visits or telephone verification, where applicable.
• Verify borrowers, businesses, addresses, reputation, creditworthiness, and repayment capacity.
• Assess the applicant's understanding of the business and intended use of the loan.
• Verify credit history through CIR and applicable prudential regulations and credit procedures.
• Conduct sample-based post-disbursement verifications and report findings to management.
• Identify serious compliance issues and immediately report observations to line management.
• Ensure adherence to credit policies, procedures, guidelines, and regulatory requirements.
• Support branches in implementing changes to credit policies and procedures.
• Ensure required exceptions are properly obtained and documented before approval.
• Coordinate with branch management to improve loan rejection rates and promote best practices.
• Provide functional training and capacity-building sessions to branch staff on credit assessment and monitoring.
• Physically verify goldsmith credentials before onboarding them onto the branch panel.
• Conduct quarterly verification of goldsmiths and submit verification reports to Head Office.
• Supervise the gold auction process.
• Perform other assignments as directed by the Line Manager.

Eligibility Criteria

Education:

• Bachelor's degree from a reputable institution in:
  • Business Administration
  • Banking & Finance
  • Agriculture
  • Economics
  • Accounting

Experience:

• 3–5 years of relevant credit and related experience.

Key Skills

• Credit assessment and verification
• Loan file review
• Credit risk management
• Financial and credit analysis
• Customer verification
• Compliance monitoring
• Risk identification
• Credit policy implementation
• MIS/reporting
• Communication and coordination
• Branch credit operations

🔎 Source: Official Careers Portal
⚠️ We only share verified job listings and are not the hiring authority