Commercial Loan Officer

6 months ago


Gurugram Haryana, India Shri Management Services Full time

Gurgaon

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Consulting with managers about credit policies, credit lines, standards, and procedures.
- Advising clients on suitable loan and credit options.
- Obtaining and assessing financial information, including financial statements and credit histories.
- Collaborating with other financial institutions in setting up loan packages for extensive loans.
- Liaising between borrowers and underwriting departments.
- Negotiating payment arrangements and preparing delinquent loan reports.
- Training and supervising loan administrators.
- Documenting procedures and maintaining hardcopy and electronic records of loan agreements.
- Keeping abreast of amendments to loan policies, lending procedures, and regulations.
- Meet with prospective borrowers to determine their financing needs
- Prepare and negotiate loan terms
- Generate loan documents, including promissory notes, deeds, and mortgage assignments
- Obtain and provide documentation to underwriters and other staff as required
- Explain loan terms to borrowers
- Meet with borrowers, contractors, and real estate agents as necessary
- Work with other staff as necessary to support loan processing

Commercial Loan Officer Requirements:

- Bachelor's degree in finance, business, or in a related field.
- A minimum of 2 years experience in a similar role.
- Proficiency in loan servicing software, such as LaserPro and Finflux.
- In-depth knowledge of loan policies and lending procedures.
- Extensive experience in reviewing financial information.
- Ability to collaborate with senior managers and external stakeholders.
- Advanced ability to negotiate payment plans and report delinquincy.
- Ability to train and supervise loan administrators, as well as liaise between departments.
- Excellent organizational and communication skills.
- Experience- 2 - 4 Years- Salary- 6 Lac To 10 Lac P.A.- Industry- Real Estate / Construction- Qualification- Other Bachelor Degree- Key Skills- Loan OfficerAbout Company
- Contact Person- Sudha Suresh- Mobile 9322358366


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