About Company
JN Bank is a premier financial institution in Jamaica, deeply committed to fostering economic growth and financial inclusion within the communities it serves. As a member of The JN Group, we embody a legacy of trust, innovation, and unwavering dedication to our members and customers. We are more than just a bank; we are a partner in progress, offering a comprehensive suite of financial solutions designed to empower individuals, small businesses, and communities to achieve their aspirations. Our microfinance and lending initiatives are central to our mission, providing crucial access to capital for entrepreneurs and enterprises often underserved by traditional banking. Joining JN Bank means becoming part of a dynamic team that values integrity, professionalism, and a genuine desire to make a positive impact on people’s lives and the nation’s development.
Job Description
Are you a highly motivated and results-driven individual with a passion for community development and financial empowerment? JN Bank is seeking an experienced and dedicated Loan Officer specializing in Microfinance and Lending to join our vibrant team in Montego Bay. In this pivotal role, you will be instrumental in expanding our reach, building strong relationships with clients, and facilitating access to essential financial services for individuals and small businesses across the Rhyne Park and wider Montego Bay areas.
The successful candidate will be responsible for the entire loan lifecycle, from prospecting and client engagement to thorough credit analysis, loan structuring, and meticulous portfolio management. You will serve as a trusted advisor, guiding clients through the application process, assessing their financial needs, and ensuring they receive suitable and sustainable lending solutions. This position requires an individual who is not only adept at financial assessment but also possesses exceptional interpersonal skills, capable of understanding unique client circumstances and fostering long-term relationships based on mutual respect and transparency. You will play a crucial role in helping our members navigate their financial journeys, promoting financial literacy, and contributing directly to the economic resilience of the communities we serve.
At JN Bank, we believe in empowering our team members to grow professionally and personally. You will have the opportunity to make a tangible difference in the lives of entrepreneurs and communities, contributing directly to local economic resilience and prosperity. If you thrive in a challenging yet rewarding environment, possess a keen understanding of credit principles, and are committed to delivering exceptional service, we invite you to apply and become a key player in our mission to build a brighter financial future for all Jamaicans. This role is crucial for our continued expansion in the micro-lending sector, requiring a proactive approach to market engagement and a commitment to achieving ambitious lending targets while maintaining high standards of portfolio quality and customer satisfaction.
Key Responsibilities
- Proactively identify, attract, and onboard new microfinance and lending clients within the Montego Bay and surrounding areas.
- Conduct thorough financial assessments, including analysis of creditworthiness, business viability, and repayment capacity for loan applicants.
- Structure appropriate loan products and terms that align with JN Bank's lending policies and client needs.
- Prepare comprehensive loan proposals and present them to the Credit Committee for approval.
- Manage and monitor an assigned loan portfolio, ensuring timely repayments and proactively addressing any delinquencies or potential risks.
- Build and maintain strong, lasting relationships with clients, offering ongoing financial guidance and support.
- Actively participate in community outreach programs and financial literacy initiatives to promote JN Bank's services and educate potential clients.
- Ensure strict adherence to all internal lending policies, procedures, and relevant regulatory requirements.
- Achieve assigned individual and team lending targets and portfolio quality metrics.
- Collaborate effectively with internal teams to enhance service delivery and client satisfaction.
Required Skills
- Proven experience in microfinance, lending, or credit analysis within the financial services sector (minimum 3 years).
- Strong understanding of credit principles, financial statements, and risk assessment methodologies.
- Excellent communication, negotiation, and interpersonal skills.
- Demonstrated ability to build and maintain client relationships.
- Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint).
- Results-oriented with a strong ability to meet targets and deadlines.
- High level of integrity, professionalism, and ethical conduct.
- Valid driver's license and access to a reliable vehicle for fieldwork.
Preferred Qualifications
- Bachelor's Degree in Business Administration, Finance, Banking, Economics, or a related field.
- Certification in Microfinance or Credit Management.
- Knowledge of local Jamaican business environment and economic trends.
- Experience with banking software and CRM systems.
Perks & Benefits
- Competitive salary and performance-based incentives.
- Comprehensive health and wellness benefits package.
- Pension scheme.
- Opportunities for professional development and career advancement within The JN Group.
- Employee assistance programs.
- A supportive and collaborative work environment.
- Contribution to meaningful community impact.
How to Apply
To apply for this exciting opportunity, please click on the application link below. We encourage all qualified candidates to submit their application promptly.