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Loan Processing Assistant at LB Micro Finance

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LB Micro Finance Pty Ltd

Position

Loan Processing Assistant

LB Micro Finance Pty Ltd is a private financial company licensed by the Central Bank of Lesotho in 2021.

The company is inviting applications for the position of Loan Processing Assistant.


Responsibilities of a Loan Processing Assistant

Customer Support & Communication

  • Acts as the first point of contact for loan applicants
  • Explain loan products, application requirements, and procedures
  • Respond to customer inquiries via phone, email, or in person
  • Follow up with clients to collect missing information or documents

Loan Application Processing

  • Assist customers in completing loan application forms
  • Review applications for accuracy, completeness, and compliance
  • Verify applicant information such as income, employment, and credit history
  • Ensure documentation meets institutional and regulatory standards

Documentation & Record Management

  • Collect, organise, and maintain loan files and supporting documents
  • Prepare loan files for underwriting and approval
  • Ensure proper filing (physical or digital) in line with company policies
  • Maintain confidentiality of customer and financial information
  • Track loan status and update relevant stakeholders
  • Assist in resolving issues that may delay loan approval or disbursement

Compliance & Quality Control

  • Ensure loan processing follows regulations and internal policies
  • Support compliance with KYC (Know Your Customer), Anti-Money Laundering (AML), and credit guidelines
  • Check loan documents for errors before submission

Sales & Business Support

  • Support loan officers in meeting sales targets
  • Identify cross-selling or upselling opportunities
  • Promote loan products to prospective clients

Reporting & Administrative Duties

  • Prepare basic reports on loan applications and approvals
  • Maintain databases and update loan tracking systems
  • Schedule appointments and manage calendars for loan officers

Post-Approval Support

  • Assist in loan closing and disbursement processes
  • Communicate approval terms and conditions to customers
  • Support post-disbursement documentation and follow-ups

Skills Required

  • Strong communication and interpersonal skills
  • Attention to detail and organisational ability
  • Basic knowledge of loan products and financial services
  • Proficiency in office software and loan management systems
  • Understanding of regulatory and compliance requirements

Qualifications

  • Certificate or higher in IT, Marketing, Graphic Design, Microfinance, or any related field
  • Experience working with microfinance institutions will be an added advantage
  • Reference from former workplaces

How to Apply

Submit:

  • Curriculum Vitae (CV)
  • Application letter
  • Academic certificates

📧 [email protected]

📞 Call: 6855 4021


Closing Date

Before 2:00 PM on 12 June 2026

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