Loan Officer

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 and skills

• Proven working experience as a Loan Officer is an added advantage
• Familiarity with computers
• Solid understanding of direct/indirect lending products and practices is an added advantage
• Excellent communication and interpersonal skills
• Customer satisfaction orientation and sales competencies
• Ability to work in a goal oriented environment

Application Criteria:

Only electronic submissions will be accepted.

Submission should be addressed to the Human Resource coordinator through sparrowlightcashfin@gmail.com not later than 10:30hrs, 15th March 2024.

Note: Sparrowlight Cashfin Limited may request for necessary and/or more information during the evaluation. Sparrowlightcashfin will only contact the successful candidates within the period of days from the closing date of submission.