Loans Officers (10 Posts) At Advans Group

We are looking forLoan Officersto receive, evaluate and approve loan applications for people and businesses. The Loan Officers will act as liaison between customers and our financial institution and they will help qualified applicants acquire loans in a timely manner.
Job role:
Appraise clients and vet loan applications for disbursement purposes.
Identify and develop groups of clients and group leaders in assigned areas.
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
To build trust relationships, customer loyalty and satisfaction throughout the underwriting process.
Operate in compliance with laws and regulations and adhere to lending compliance guidelines

Job qualifications & requirements:
BS degree in Business administration, cooperative management, finance, economics or a related field
Proven working experience as a loan officer/credit officer/finance assistant/accountant or similar capacity
At least 2 years working experience in a similar role
Familiarity with computers 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