Area Manager
AI summary
Bosak Microfinance Bank Limited is hiring an Area Manager in Lagos to lead Business Managers and Loan Officers, drive product promotion, and manage loan portfolio performance. The role requires microfinance banking experience, strong leadership skills, and a good understanding of lending operations. Interested candidates should send their applications to recruitment@bosakmfb.com.
- Full-time Area Manager role based in Lagos
- Requires previous experience in a Microfinance Bank
- Must have strong knowledge of microfinance and group lending operations
- Responsible for supervising Business Managers and Loan Officers
- Candidates with knowledge of the Ikorodu market have an added advantage
AI job guide
Use this guide to check salary signals, requirements, documents, application steps and safety before you apply.
AI salary guide
Not enough public dataNot enough public salary data is available for this exact role. Before applying, prepare to ask about gross pay, benefits, contract length, probation period, transport and any allowances.
Can you qualify for this role?
- UnclearRelated work experienceThe text mentions experience, but the exact level should be confirmed at source.
- PreferredPractical evidence in sales, finance, Business DevelopmentThe tags and summary point to skills connected with this role.
- RequiredAvailability to work in Not specifiedThe vacancy is associated with this location.
- UnclearComfort with the Full Time contract termsConfirm hours, duration, probation and benefits at the original source.
Documents to prepare
- Likely requiredUpdated CV
- Role specificCover letter or short employer message
- OptionalProfessional references
- VerifyID or passport only after verifying the employer
Application tips for this job
- Place your strongest Area Manager evidence in the first half of your CV.
- In your cover letter or employer message, connect your experience to Bosak Microfinance Bank Limited and the role in Not specified.
- Add concrete examples related to sales, finance, Business Development, ideally with measurable outcomes or clear responsibilities.
- Follow the instructions from MyJobMag Nigeria; avoid sending documents to unofficial contacts or copied links.
- Confirm the deadline, interview location and employer contact before sharing personal documents.
- Prepare a polite question about pay, benefits and contract terms for later interview stages.
Source and safety check
- MyJobMag Nigeria
- Original source link available
- Application method is clear
- Deadline not specified
- No major risk signal was detected in the captured text.
Never pay for interviews, shortlisting, medical checks, uniforms, or job placement. Confirm every application at the original source before sharing personal documents. Report suspicious listing.
Interview preparation
- What experience makes you a strong fit for this Area Manager role in sales, finance?
- How have you handled responsibilities similar to those in this job post?
- Are you available to work in Not specified under the listed contract or schedule?
- Prepare examples with clear responsibilities, tools used and measurable outcomes.
- Review the source and research Bosak Microfinance Bank Limited before the interview.
Ask what the first priorities will be in the role and how success will be measured.
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Original source description
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Bosak Microfinance Bank Limited was incorporated in December 2009 with the business objective of providing financial service to micro clients who were excluded from the mainstream financial system.
Area Manager
Job Type: Full Time
Qualifications
BA/BSc/HND
Experience
Location: Lagos
Job Field: Sales and Business Development
in a Microfinance Bank (MFB).
Strong knowledge of microfinance lending and group lending operations.
Proven ability to supervise and manage Loan Officers/Business Managers.
Good understanding of loan appraisal, collections, portfolio monitoring, and recovery.
Strong communication, leadership, and relationship-management skills.
Target-driven with the ability to manage a high-performing field team.
Candidates with strong knowledge of the Ikorodu market will be an added advantage.
Check how your CV aligns with this job
Method of Application
- Interested and qualified candidates should send their Applications to:
- recruitment@bosakmfb.com
- using the job title as the subject of the email.
- Build your CV for free.
- Download in different templates.
Key Responsibilities
- Drive the introduction and promotion of Bosak MFB, Bosak Trade Loan (BTL) and other products to prospective customers.
- Supervise and manage all Business Managers and Loan Officers within the Area Office.
- Monitor business performance, provide operational support and drive achievement of business and loan portfolio targets.
- Build and maintain strong relationships with market associations, business groups and customers.
- Conduct and supervise customer and guarantor verification, including cross-guarantee arrangements within groups.
- Ensure prompt and accurate remittance of cash collections into the appropriate bank accounts.
- Apply the 5 Cs of Lending: Character, Capacity, Capital, Collateral and Conditions in loan assessment and monitoring.
- Ensure proper payment and documentation of equity contributions and upfront fees.
- Monitor weekly loan repayment collections, passbook/register updates and issuance of tellers.
- Ensure proper documentation, record keeping, monitoring and supervision of Area Office activities.
- Assess and interpret customers’ accounts and transaction history on the system.
- Ensure effective group management, loan monitoring and repayment performance.
- Identify portfolio risks, follow up on delinquent accounts and support effective recovery efforts.
- What We’re Looking For
- Mandatory: Previous