Loan Officer Job Description Sample

Loan Officer Job Description

Accountants and bankers are of prime importance in a society since they help people to get out of financial troubles. A loan officer is a person who guides you through the process of loan-seeking, investments, payments and resolves all your queries related to the process.

If you are looking to hire a Loan Officer for your office, then have a look at the Loan Officer job description sample to write one for yourself.

Loan Officer Job Description Sample

Position: Loan Officer

Degree: Masters in Business Administration or Marketing

Working conditions: Has to work from office and has to travel a lot as well in  order to meet the clients before writing them a recommendation

Qualifications:

  • Must have an MBA or a Master degree in Business Administration or Accounting
  • Must have at least 5 years of experience in the given field
  • Must have good verbal and written skills in p0rder to deal with the loan seekers and make their documents
  • Must be able to handle the legal issues of the loan issuance
  • Must be able to set the credit policies and other investment policies for the clients
  • Must supervise the loan seeking personnel through every step of loan-seeking
  • Must handle the new loan opportunities and procedures
  • Must deal with the complaints of the clients
  • Must update the credit file and loan file of a client every now and then
  • Must be confident, patient, amiable, and have excellent communication skills
  • Must have evaluation and demonstration skills
  • Must be able to meet up the deadlines and achieve the targets set by the loaning company or the bank
  • Must have creative skills while making the strategies and dealing with the client
  • Must have recruiting abilities to hire the new staff for the office
  • Must have excellent organizational and managerial skills while handling the potential loan seekers
  • Must be able to persuade the clients an evaluate their credentials if they are capable to give a loan
  • Must be proficient in using computers as he has to make a lot of records and separate client files for every client
  • Must make computerized payment schedules for every individual client

Key responsibilities:

We at Money Cart and Co. are looking to hire a loan officer who can deal with the clients of our area who are seeking a loan. We want an experienced person with a banking background who could guide the client throughout the loan seeking process and make sure that the clients have no hidden complaints or queries about the whole process.

He must be able to make separate credit and loan files for each client and schedule their loan payments as well in order to make the system hassle free and get things done easily. We want a very amiable, patient and dedicated individual for this job who likes to help people out with their financial issues.

If you are confident that you have all the required abilities of this job than apply for it using our email id.

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