Sales Executive (Salary Loan/ Investment) at The Concept Group

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
10 months ago

Additional Details

Job ID
125736
Job Views
53

Job Description






JOB SUMMARY




  • The Rosabon Sales Executive is required to collect and prepare all materials needed to process transactions (loans and investments). He/ She will also responsible for reviewing loan applications evaluating the potential risks of granting loans to applicants.



DUTIES & RESPONSIBILITIES




  • Evaluate credit worthiness by processing loan applications and documentation within specified limits

  • Interview applicants to determine financial eligibility and feasibility of granting loans

  • Determine all applicable ratios and metrics and set up debt payment plans

  • Communicate with clients either to request or to provide information

  • Justify decisions (approvals/rejections) and report on them

  • Complete loan contracts and counsel clients on policies and restrictions

  • Review loan agreements to ensure that they are complete and accurate according to policy

  • Update account records, Compute payment schedules and transactions on ERP

  • Confer with underwriters to aid in resolving loan application problems.

  • Update job knowledge on types of loans and other financial services

  • Assess customer needs, explore all options and introduce different types of loans

  • Develop referral networks, suggest alternate channels and cross-sell products and services to accomplish quotas

  • Go the “extra mile” to build trust relationships, customer loyalty and satisfaction throughout the

  • underwriting process

  • Operate in compliance with laws and regulations and adhere to lending compliance guidelines

  • Deposit mobilization to meet set targets



Key Performance Indicators




  • Meet Set Monthly loan and investment Targets

  • Reduced number of Non-Performing loans

  • Customer retention rate of minimum 90% across loan and investment products



QUALIFICATIONS/REQUIREMENTS




  • Proven working experience as a Loan Officer

  • Familiarity with computers and banking applications/software

  • Solid understanding of direct/indirect lending products and practices

  • Customer satisfaction orientation and sales competencies

  • Ability to work in a goal oriented environment and meet set target

  • BS degree in finance, economics or a related field



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