Job Description
Loan Officer
Company: Banco Económico
Industry: Banking & Financial Services
Location: Luanda, Angola
Employment Type: Full-Time
Experience Required: 3–5 Years
Education: Diploma in Banking, Finance, Business Administration, Accounting, Economics, or a related field
Founded: 2001
Organization Type: Private Bank
Vacancies: Multiple Positions
About the Company
Banco Económico is a well-established financial institution in Angola, providing a broad range of banking and financial services to individuals, businesses, and corporate clients. The bank focuses on customer service excellence, responsible lending practices, and financial inclusion while supporting economic development across Angola.
Professionals seeking Loan Officer jobs in Angola, banking jobs in Luanda, and financial services careers in Angola will find excellent growth opportunities within this organization.
Position Overview
The Loan Officer will be responsible for evaluating loan applications, assessing creditworthiness, managing client relationships, and ensuring compliance with lending policies and regulatory requirements. The role requires strong financial analysis skills and the ability to deliver exceptional customer service while supporting business growth objectives.
This opportunity is ideal for candidates searching for credit officer jobs in Angola and loan processing jobs in Luanda.
Key Responsibilities
- Review and assess personal, commercial, and business loan applications.
- Conduct credit evaluations and financial risk assessments.
- Analyze customer financial statements and supporting documents.
- Verify applicant eligibility and lending criteria compliance.
- Prepare loan recommendations and approval documentation.
- Maintain strong relationships with new and existing clients.
- Monitor loan portfolios and repayment performance.
- Ensure adherence to banking regulations and internal policies.
- Support branch sales and business development initiatives.
- Resolve customer inquiries regarding loan products and services.
- Maintain accurate records and lending documentation.
- Collaborate with credit analysts and branch management teams.
Candidates interested in bank officer jobs in Angola and credit management jobs in Luanda will find this role professionally rewarding.
Required Qualifications
- Diploma in Finance, Banking, Business Administration, Accounting, Economics, or a related discipline.
- 3–5 years of experience in banking, lending, credit assessment, or financial services.
- Strong understanding of loan products and credit processes.
- Knowledge of financial analysis and risk management principles.
- Excellent communication and customer relationship skills.
- Strong organizational and problem-solving abilities.
- Proficiency in banking systems and Microsoft Office applications.
Preferred Skills
- Credit Analysis
- Loan Processing
- Risk Assessment
- Customer Relationship Management
- Banking Operations
- Financial Analysis
- Credit Underwriting
- Portfolio Management
- Compliance Management
- Business Development
- Retail Banking
- Commercial Lending
- Financial Reporting
- Debt Recovery
- Customer Service
- Loan Documentation
- Financial Planning
- Credit Risk Management
- Data Analysis
- Relationship Banking
Professionals searching for finance jobs in Angola, banking careers in Luanda, and commercial banking jobs should possess several of these competencies.
Salary and Benefits
Estimated Salary: USD $1,200 – $1,500 per month, depending on experience, qualifications, and performance.
Additional benefits may include:
- Performance incentives
- Health insurance coverage
- Paid annual leave
- Retirement benefits
- Banking staff discounts
- Professional certification support
- Career advancement opportunities
- Employee training programs
The compensation package is competitive within the banking jobs in Angola market and suitable for professionals seeking financial sector jobs in Luanda.
Training and Professional Development
Selected candidates may receive training in:
- Advanced credit assessment techniques
- Loan underwriting procedures
- Banking compliance regulations
- Customer relationship management
- Financial risk management
- Anti-money laundering (AML) practices
- Banking software systems
- Leadership and supervisory development
Professionals looking for international career opportunities may also explore:
Work Environment
The position is primarily office-based within a professional banking environment. The Loan Officer will work closely with customers, branch management, credit departments, and compliance teams to deliver high-quality lending services.
Individuals interested in jobs in Angola, jobs in Luanda, and Loan Officer jobs in Angola will find strong career stability and growth potential in this role.
For additional employment opportunities across Africa, visit:
Career Growth Opportunities
Successful employees may progress into positions such as:
- Senior Loan Officer
- Credit Analyst
- Credit Manager
- Branch Operations Manager
- Relationship Manager
- Commercial Banking Manager
- Retail Banking Supervisor
- Financial Services Manager
Candidates searching for credit analyst jobs in Angola, bank manager jobs in Luanda, financial advisor jobs in Angola, and banking vacancies in Angola can view this role as an excellent career-building opportunity.
Application Process
Interested applicants should submit an updated CV highlighting banking experience, lending expertise, customer service achievements, and relevant professional qualifications.
Applicants seeking Angola jobs, Luanda jobs, Loan Officer vacancies in Angola, banking jobs in Africa, and financial institution jobs in Luanda are encouraged to apply.
Additional regional opportunities can also be explored through:
Equal Opportunity Employer
Banco Económico is committed to providing equal employment opportunities and fostering an inclusive workplace where employees can develop professionally while contributing to organizational success and customer satisfaction.