In the loan officer role, you will be responsible for educating applicants about the firms loan packages, governing interest rates, and payment terms. You will gather applicant information and work with the underwriting team to manage credit risk. You must maintain a deep understanding of the existing lending rules and regulations. Success in this role will be demonstrated by identifying qualified borrowers and closing loan applications to minimize non-performing loans and to increase interest income.
Reviews and processes incoming loan requestsMonitors borrower accounts and follows up on loan paymentsMaintains accurate and complete loan filesProvides a thorough response to loan inquiriesIdentifies lending opportunitiesGathers loan applications and requirementsFacilitates periodic borrower assessmentMaintains comprehensive knowledge of loan offerings