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 and skills
- 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- BS degree in finance, economics or a related field
Job Type: Full-time
Pay: Php18,- 00 - Php35,000.00 per month
Schedule: - 8 hour shift
Supplemental Pay:
13th month salary
