Assistant Loan Officer

The Malawi Enterprise Development Fund Limited (MEDF) is a government owned Microfinance Institution whose mission is to economically empower ordinary and underserved Malawians (particularly women, youth, and persons with disability) through the provision of quality, affordable and sustainable microfinance services for improved livelihoods.

MEDF invites applications from suitably qualified, mature, ambitious, professional Malawi Nationals with a passion for results and respect for ethics and hands-on experience to fill the vacant positions of:

ASSISTANT LOAN OFFICER

Reporting to : Branch Supervisor

Location: Various MEDF Branches across the country

Job Purpose

To support the creation and maintenance of a sound and profitable loan portfolio at the Branch.

Key Duties and Responsibilities

• Planning annual disbursements in the geographical area of responsibility.
• Screening and assessing loan applicants.
• Training clients in group dynamics, business, and credit management.
• Assisting clients in the preparation of documents for their applications.
• Originating loan application requests for the Credit and Operations Committee’s consideration.
• Disbursing loans to qualifying clients.
• Collecting all loan repayments when they fall due.
• Maintaining an up to date client database, including repayments, contact information, and location.
• Assisting in advanced loan recoveries.
• Conducting community outreach and awareness campaigns.
• Preparing reports on recoveries operations within stipulated timelines.
• Resolving customer inquiries and complaints related to loan recoveries promptly and professionally.
• Identifying potential risks associated with loan recoveries and recommending mitigation strategies.
• Monitoring performance of the loan portfolio in arrears, to ensure timely identification of problem loans and implementing appropriate strategies to improve loan recoveries.
• Implementing and monitoring the activity recovery plan and recovery budget, ensuring all recoveries activities are executed efficiently and within budgetary limits.

Qualifications and Experience

• Diploma from an institution accredited by NCHE.
• Work experience in a similar role in a micro-finance institution.

Added Advantages

• Bachelor’s Degree from an institution accredited by NCHE.
• Experience in microfinance or community-based lending.
• Strong knowledge of credit analysis and risk assessment.
• Proficiency in loan management software.

Interested individuals who meet the above requirements should submit their applications, copies of certificates, and updated CVs with at least three (3) traceable references to https://www.medf.mw/vacancies/11 not later than Wednesday, 18th November 2026.

Only shortlisted applicants will be acknowledged.