Job Description

"Job Overview: A Loan Officer plays a crucial role in financial institutions by evaluating loan applications, determining the creditworthiness of applicants, and facilitating the approval and disbursement of loans. This position requires a strong understanding of financial principles, excellent interpersonal skills, and the ability to make sound lending decisions. Responsibilities: Client Interaction: Interview loan applicants to gather information on their financial status, credit history, and purpose of the loan. Provide information to clients about different types of loans, interest rates, and repayment terms. Loan Evaluation: Analyze financial information, including credit reports, income statements, and bank statements, to assess the creditworthiness of applicants. Use underwriting guidelines to determine the eligibility of applicants for loans. Risk Assessment: Evaluate the level of risk associated with each loan application and make recommendations to senior management based on risk assessment. Loan Approval: Present loan applications and supporting documentation to loan committees for approval. Collaborate with underwriters to address any additional documentation or information required for loan approval. Documentation: Prepare and review loan documents to ensure accuracy and compliance with regulatory requirements. Guide clients through the documentation process, explaining terms and conditions." Job Types: Full-time, Fresher Salary: \xe2\x82\xb925,000.00 - \xe2\x82\xb930,000.00 per month Benefits:

• Provident Fund

• Day shift

• Performance bonus
• Yearly bonus