Loan Officer Job Description

[Company name] are searching for an experienced loan officer to act as a liaison between applicants and our financial institution

Ultimately, you will be managing different types of loans including home loans, business loans, and individual loans.

Loan Officer Responsibilities:

  • Assess credit worthiness by processing loan applications and documentation within specified limits
  • Interview applicants to determine financial eligibility
  • Communicate with clients
  • Justify decisions approvals/rejections
  • Complete loan contracts and counsel clients on policies and restrictions
  • Maintain and update account records
  • Develop referral networks and cross-sell products and services
  • Build relationships with customers
  • Οperate in compliance with laws and regulations

Loan Officer Requirements:

  • A minimum of 3 years’ experience as a loan officer.
  • Solid understanding of laws and regulations
  • In-depth knowledge of computers and banking software.
  • Outstanding communication and customer service skills.