• What is Verification Officer - MMBL?
  • Micro Finance Banking experience
  • Proficient in MS Office
  • Negotiation Skills
  • Sound communication and interpersonal skills
• What Verification Officer - MMBL does?
  • Post Disbursement Verifications of Loans disbursed during the preceding month.
  •  The officer will do verification of 20% loan cases disbursed by the branch during previous (preceding) month. CMD will provide list of 20% borrowers disbursements made during a month and the officer will perform post verification of said borrowers on following parameters. Keeping in view the risk profile of concerned branch, the sample maybe increased by CMD.
  •  To verify credit worthiness.
  •  Reputation of customer.
  •  Ensure the loan was utilized for the purpose it was taken off.
  •  Repayment capacity of the Borrower.
  •  Ensuring existence of borrower and guarantor & their businesses (economic activity) through verification of home & business addresses etc. and interacting with applicants / guarantors.
  •  To assess whether borrowers and guarantor know & understand important loan terms, repayment amounts, due date of repayments and guarantee concept and their obligations in case of non-payment.
  •  To identify any severe nature non-compliance during verifications.
  •  Report regarding the field observations to be submitted to Credit Management
  • Department on monthly basis so as to reach the report 10th of every month.
  •  Pre verification of the borrower’s credentials on need basis when required by Credit Management Department (CMD), HO.
  •  Responsible to ensure that before submission of loan application and documents for approval, the case is in compliance with the bank Credit Policy & Procedures and other guidelines circulated from time to time.
  •  Responsible to ensure accuracy of data input made in credit MIS from source documents related to cash flow & Loan applications.
  •  Ensure prevision/attachment of positive E-CIB report of the borrower with the case.
  •  On the time of onboarding goldsmiths on the branch panel, VO to verify his credentials as per the banks policy.
  •  Visit the Goldsmith on the Bank panel on quarterly basis and submit the report to CMD latest by 6th of the following month.
  •  Submission of all verification MIS/reports as per prescribed format to CMD on monthly basis latest by 5th of the following month.
  •  Verification of the prospective BB customers if the working within functional limit of the branch.
  •  Any other assignments received from Manager Credit verifications.
  • Reporting, Record/Data Maintenance and System Security
  •  Ensure adequacy and timeliness of daily / weekly / monthly reports as per schedule & guidelines.
  •  Maintain related records /data / information, etc. as per defined procedures.
  •  Maintain & secure Credit MIS / files from unauthorized access, programs.
  • Co-ordination in the Branch
  •  Coordinate & align activities with branch management to cope with seasonal business fluctuations & credit cases flow.
  •  Ensure following defined turnaround times as per approved SLAs.
• What are we looking for and what does it require to be Verification Officer - MMBL?
  • Hold a Bachelor’s degree from a reputable Institution in the fields of Business Administration/Banking & Finance/ Agriculture/Economics/Accounts.
  • Have 1-2 years of credit and / or operations related experience.

• Mansehra Branch (01)

Mobilink Microfinance Bank Ltd. is providing banking services to over 48 million registered users including 20+ million monthly active customers across Pakistan. With a hybrid model that combines traditional microfinance with mobile/digital banking technologies, the bank now operates with over 114 branches and 270,000 branchless banking agents and provides a USSD (GSM) based digital channel offering savings, micro enterprise (MSME) loans, small housing loans, remittances, collection (utility bills and loan installments), mobile wallets, insurance, G2P, B2B & B2P payments; thus, playing a leading role in the promotion of financial inclusion. MMBL is committed to fostering a positive and productive workplace, and our core values reflect this focus. These values include promoting innovation and entrepreneurship, encouraging teamwork and collaboration, and prioritizing a customer-centric approach in all aspects of our business.

This is an opportunity for someone who is passionate about making a difference and playing a key role in driving transformative change. Our team is committed to empowering millions with the tools necessary to succeed in the digital age, and we're looking for a talented individual to join us in this endeavor.