Loan Officer

Year    Chennai, Tamil Nadu, India

Job Description

Roles & Responsibilities:

  • Prospecting with suspect leads. A suspect is a person who has still not decided on taking a loan.
  • Converting a suspect to a prospect. This involves the following:
- Establishing contact with the prospect, this could involve several calls and may need a call at a time beyond office hours.

- This will also involve making calls at different times in order to achieve success.
- Need analysis
- Eligibility profiling
- Setting up an appointment
- Follow up with the prospect post every meeting with the sales officer until conclusion
  • Basis feedback from the prospect, seek interventions from the senior sales resource or by your own-self in satisfying customer needs with the objective of converting the prospect to a customer.
  • Responsible for conversion of suspects to prospects to customers.
  • Provide support to the sales team in increasing conversions by:
- Prompt calling to all suspects / prospects
- Timely follow up with all prospects
- Cordial relationships with the sales officer mapped, collaborating with the sales officer in providing feedback, seeking feedback from him on your performance * Responsible for complete knowledge of company products and policies as well as those of competition.
  • Responsible for quality of the conversation, which entails the following:
- Accuracy
- Product Knowledge
- Appraisal Skills

- Punctuality & TOS

- TAT commitments
  • Ability to handle objections.
  • Updating the software. One must capture their conversation with the customer effectively such that a third person is able to carry on the conversation with the customer where they left off.
  • Generating References: The quality of conversation and ability to connect with the customer is also reflected in the number of references that they generate.
  • Providing market feedback to the supervisor: It is important to share with one's supervisor any trends that one comes across whilst speaking to a prospect. Examples could be objections from prospects regards the processing fee being charged by us vis-a-vis the same being charged by a specific competitor.

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Job Detail

  • Job Id
    JD2959062
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Chennai, Tamil Nadu, India
  • Education
    Not mentioned
  • Experience
    Year