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The finance department plans, organizes, leads, control and monitors the activities of the two programs: accounting and revenue management. Developing and implementing efficient and effective financial policies, planning and reporting systems that assure the company's long-term fiscal health.
Role
Loan officers assess and authorize company, real estate, or credit lending approvals. You should be experts in determining a loan applicant's financial condition. Updating account documents and updating loan files are part of the duties. you will work for commercial banks , credit unions or mortgage companies.
Authority
Monitoring and Oversee financial data
Risk Analysis Management
Forecasting
Department budget Management
Responsibility
Meet with the applicants to determine their needs and to collect information for loan applications.
Regularly analyze active loan files, and recommend solutions to accelerate the loan process.
Complete contracts for loans, and educate clients about policies and regulations.
Interview applicants to define financial eligibility and draw up plans for debt payments.
Track and maintain records of the accounts.
Submit applications for loans in a reasonable time.
Prepare detailed plans for the loans.
Reject applications for loans and explain to borrowers the shortcomings.
Respond to questions from applicants and resolve any issues related to loans.
Work properly according to laws and regulations.
Requirements
Bachelor of Finance degree, or related field.
Minimum of 3 years of loan officer experience.
Good knowledge of legislation on local, state , and federal loans.
A thorough understanding of computers and banking software.
Excellent interpersonal and social skills.
Customer-oriented and excellent sales skills.
Benefits
It's always a good idea to include the benefits of the job the company will provide such as:
Flexible hours to give you freedom and increase productivity
