Description

• We are looking for a Loan Officer to evaluate, authorize approval or deny loan applications for people or for business.
• You will act as liaison between customers and our financial institution and you will help qualified applicants acquire loans in a timely manner.

Responsibilities

• Evaluate credit worthiness by processing loan applications and documentation within specified limits
• Interview applicants to determine financial eligibility and feasibility of granting loans
• Determine all applicable ratios and metrics and set up debt payment plans.
• Communicate with clients either to request or to provide information.
• Justify decisions (approvals/rejections) and report on them.
• Complete loan contracts and counsel clients on policies and restrictions.
• Update job knowledge on types of loans and other financial services.
• Maintain and update account records.
• Assess customer needs, explore all options and introduce different types of loans.
• Develop referral networks, suggest alternate channels and cross-sell products and services to accomplish quotas
• Go the extra mile to build trust relationships, customer loyalty and satisfaction throughout the underwriting process
• ?perate in compliance with laws and regulations and adhere to lending compliance guidelines.

Requirements

• B.Sc in Finance, Economics or a related field.
• 3 – 5 years work experience.
• Proven working experience as a Loan Officer.
• Familiarity with computers and banking applications/software.
• Solid understanding of direct/indirect lending products and practices.
• Excellent communication and interpersonal skills.
• Customer satisfaction orientation and sales competencies.
• Ability to work in a goal oriented environment.