Loan Officer

Found in: Appcast Linkedin IN C2 - 2 weeks ago


Mumbai, India Careerfit.ai Full time

Responsibilities:

  • Evaluate loan applications and assess the creditworthiness of applicants based on financial statements, credit history, and other relevant factors.
  • Guide clients through the loan application process, explaining available loan options, terms, and conditions, and assisting with documentation requirements.
  • Analyze loan documentation, including income verification, asset verification, and collateral valuation, to ensure compliance with lending policies and regulatory requirements.
  • Negotiate loan terms and conditions with clients, ensuring alignment with lending guidelines and risk management principles.
  • Monitor loan performance and conduct periodic reviews of client financials to identify potential risks and opportunities for portfolio management.
  • Provide excellent customer service and build strong relationships with clients to promote repeat business and referrals.
  • Stay updated on market trends, regulatory changes, and industry best practices in lending and credit risk management.

Requirements:

  • Bachelor's degree in Finance, Business Administration, or related field.
  • Proven experience in banking, financial services, or lending roles, with a focus on consumer or commercial lending.
  • Strong understanding of lending principles, credit analysis, and risk assessment.
  • Excellent communication, negotiation, and interpersonal skills.
  • Ability to work effectively in a fast-paced, customer-centric environment.
  • Proficiency in financial analysis, loan documentation, and regulatory compliance.

Skills:

  • Credit Analysis: Assessing the creditworthiness of loan applicants based on financial statements, credit history, and other factors.
  • Customer Service: Providing personalized assistance and guidance to clients throughout the loan application process.
  • Risk Management: Identifying and mitigating potential risks associated with lending activities.
  • Relationship Building: Building and maintaining strong relationships with clients to foster trust and loyalty.
  • Communication: Communicating effectively with clients, colleagues, and stakeholders.

Preferred:

  • Certification or training in credit analysis, lending, or financial services.
  • Experience with loan origination software or banking systems.

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