• Application Deadline: Sun, 31 Mar 2024 00:00:00 GMT
• Position: Loan Analyst


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 1 - 4 years


• Location Lagos


• Job Field Finance / Accounting / Audit 
  

Description

• We are looking for a Loan Officer to evaluate, authorize approval or deny loan applications for people or for business.


• You will act as liaison between customers and our financial institution and you will help qualified applicants acquire loans in a timely manner.

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


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


• Maintain and update account records


• 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


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

Requirements

• Proven working experience as a Loan Officer


• Familiarity with computers and banking applications/software


• Solid understanding of direct/indirect lending products and practices


• Excellent communication and interpersonal skills


• Customer satisfaction orientation and sales competencies


• Ability to work in a goal oriented environment


• BS degree in finance, economics or a related field