As a Loan Officer, you will be responsible for assisting clients in obtaining loans. Your main duties will include:
- Assess clients' financial needs and recommend suitable collateral-based loan solutions.
- Open new customer accounts and assist clients with online loan repayment services.
- Interview clients and evaluate loan applications by reviewing repayment ability, credit history, and collateral value.
- Approve or decline loan applications within authorized lending limits.
- Determine appropriate loan amounts, terms, and interest rates based on company policies and collateral value.
- Explain loan terms, repayment schedules, interest rates, and agreements to clients.
- Negotiate repayment arrangements with clients and manage loan defaults, including collateral liquidation when required.
- Complete and review loan documentation to ensure accuracy and compliance with company policies.
- Monitor loan accounts, including renewals, repayments, and overdue accounts.
- Build strong customer relationships and promote the company's lending products and services.
- New recruit will undergo 3 months training program under direct supervision of a manager.
To succeed in this role, you should possess the following skills:
-Strong computer skills
-Strong mathematical skills to accurately calculate loan amounts, interest rates, and repayment schedules
-Knowledge of financial services and lending products- Excellent communication skills to effectively interact with clients-
-Attention to detail to ensure accuracy in loan documentation and application processing
- Ability to work independently and in a team
"Job Benefits"
-No night shift
-We're a 7 day operation
-Closed every B.C. statutory holiday
If you have a passion for finance, enjoy helping others achieve their financial goals, and possess the required skills, we would love to hear from you. Join our team as a Loan Officer and contribute to our mission of providing exceptional financial services to our clients
Pay: From $19.00 per hour
Work Location: In person
