Credit Officer Salary at Mgi Investments Ltd BETA

How much does a Mgi Investments Ltd Credit Officer make?

As of March 2025, the average annual salary for a Credit Officer at Mgi Investments Ltd is $204,305, which translates to approximately $98 per hour. Salaries for Credit Officer at Mgi Investments Ltd typically range from $171,833 to $247,197, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

MGI Investments Ltd Overview

Website:
themgigroup.com
Size:
<25 Employees
Revenue:
<$5M
Industry:
Financial Services

Our mission is to provide honest and hardworking individuals, small & medium size businesses the chance to transform their businesses and lives through shared investments & business opportunities at reasonable profits. Our vision is to become the leading financial and investment service company in the world beginning with Africa. Our vision is driven by the passion to help our customers in a more sustainable way. Social Responsibility - We operate our business as a responsible corporate citizen. Daniel is the Founder, Chairman & President of MGI Investments Ltd - a microfinance company catering for the real financial and management needs of small and medium size businesses in Ghana. Daniel Aboagye holds a dual MBA degree in Accounting and Management Information Systems (MIS) from TSU, United States of America (USA) and a Bachelor of Science (BSc.) degree in Accounting from the University of Ghana. Daniel is a Certified Public Accountant (CPA) in the US. Before setting up MGI Investments Ltd, Daniel worked for one of the leading microfinance development organization in the world-Opportunity International (OI), based in Oak Brook, IL, USA. With over 50 partners in more than 30 countries, Daniel worked as a Project Manager for Africa and Asia. At Opportunity, Daniel was responsible for managing all USAID-funded projects in Africa and Asia and later in Eastern Europe. Before joining Opportunity USA, Daniel also worked as the first Branch Manager for Sinapi Aba Trust (SAT) in Accra - Ghana. SAT is the leading microfinance institution in Ghana and a member of the Opportunity International Network. Daniel has traveled over 22 countries in Africa, Asia, Europe, North and South America. Continue... Dr. Steve Sefah Bediakoh is the co-founder of MGI Investments Ltd a micro credit company providing capital to the capital impoverished small & medium size businesses in Ghana. Dr. Bediakoh holds a Doctor of Pharmacy degree from Northeastern University in Boston, Massachusetts-USA. He received Dr. Martin Luther King Jr. ...

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What Skills Does a person Need at Mgi Investments Ltd?

At Mgi Investments Ltd, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Underwriting: Underwriting services are provided by some large financial institutions, such as banks, or insurance or investment houses, whereby they guarantee payment in case of damage or financial loss and accept the financial risk for liability arising from such guarantee. An underwriting arrangement may be created in a number of situations including insurance, issue of securities in a public offering, and bank lending, among others. The person or institution that agrees to sell a minimum number of securities of the company for commission is called the underwriter. The name derives from the Lloyd's of London insurance market. Financial bankers, who would accept some of the risk on a given venture (historically a sea voyage with associated risks of shipwreck) in exchange for a premium, would literally write their names under the risk information that was written on a Lloyd's slip created for this purpose.
  2. Problem Solving: Analyzing and identifying the root cause of problems and applying critical thinking skills to solve problems.
  3. Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
  4. Accounting: Creating financial statements and reports based on the summary of financial and business transactions.
  5. Confidentiality: The process of and obligation to apply and enforce rules and practices that ensure that specific types of information are accessible only to those authorized to use it.

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Check more jobs information at Mgi Investments Ltd

Job Title Average Mgi Investments Ltd Salary Hourly Rate
2 Credit Risk Analyst $63,096 $30
3 General Manager $125,456 $60
4 HR Officer $80,710 $39
5 Internal Audit Officer $66,446 $32
6 Manager, Treasury $109,521 $53
7 Branch Supervisor $75,772 $36
8 IT Technician $73,045 $35
9 Loan Officer $55,392 $27
10 Internal Audit $55,101 $26
11 Marketing Manager $102,151 $49
12 Administrative Assistant $45,214 $22

Hourly Pay at Mgi Investments Ltd

The average hourly pay at Mgi Investments Ltd for a Credit Officer is $98 per hour. The location, department, and job description all have an impact on the typical compensation for Mgi Investments Ltd positions. The pay range and total remuneration for the job title are shown in the table below. Mgi Investments Ltd may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $204,305 look to you?

FAQ about Salary and Jobs at Mgi Investments Ltd

1. How much does Mgi Investments Ltd pay per hour?
The average hourly pay is $98. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Mgi Investments Ltd?
According to the data, the highest approximate salary is about $247,197 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Mgi Investments Ltd?
According to the data, the lowest estimated salary is about $171,833 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.