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.