Loan Officer Resume Examples

loan officer

  • Set credit policies, credit lines, procedures and standards in conjunction with senior managers.
  • Stay abreast of new types of loans and other financial services and products to better meet customers’ needs.
  • Confer with underwriters to aid in resolving mortgage application problems.
  • Market bank products to individuals and firms, promoting bank services that may meet customers’ needs.
  • Negotiate payment arrangements with customers who have delinquent loans.
  • Analyze potential loan markets and develop referral networks to locate prospects for loans.
  • Supervise loan personnel.

loan officer

  • As a Loan officer my duty was to collects data of customers who want INDIVIDUAL LOAN (IL) from CUSTOMER REPRESENTATIVE STAFF (CRS).
  • Then check their CIBIL Record after that went to visit selected customer Business places as well house .
  • Examine, evaluate, or process loan applications,Evaluate their income ,their need of Money , where they want to invest their money i.e, Inventory,Assets 
  • Then prepare FINANCIAL STATEMENT, BALANCE SHEET, amount of money passed,EMI etc
  • Finally goes with SA person to finalize their amount.
  • After disbursement  follow up with their Payments.

loan officer

  • Prepare written documents to establish contracts with or communicate financial recommendations to clients.
  • Review changes to financial, family, or employment situations to determine whether changes to existing debt management plans, spending plans, or budgets are needed.
  • Investigate missing checks, payment histories, held funds, returned checks, or other related issues to resolve client or creditor problems. 
  • Issue trading stamps, and redeem food stamps and coupons.

loan officer

  • Complete contract forms, prepare change of address records, or issue service discontinuance orders, using computers.
  • Recommend improvements in products, packaging, shipping, service, or billing methods and procedures to prevent future problems.
  • Interview, hire, and train new employees.
  • Provide special services such as investment banking for clients with more specialized needs.

loan officer

  • Arrange for maintenance and liquidation of delinquent properties.
  • Petition courts to transfer titles and deeds of collateral to banks.
  • Create debt management plans, spending plans, or budgets to assist clients to meet financial goals.
  • Recommend strategies for clients to meet their financial goals, such as borrowing money through loans or loan programs, declaring bankruptcy, making budget adjustments, or enrolling in debt management plans.

loan officer

  • Prioritize client debt repayment to avoid dire consequences, such as bankruptcy or foreclosure or to reduce overall costs, such as by paying high-interest or short-term loans first.
  • Explain general financial topics to clients, such as credit report ratings, bankruptcy laws, consumer protection laws, wage attachments, or collection actions.
  • Advise clients on housing matters, such as housing rental, homeownership, mortgage delinquency, or foreclosure prevention.
  • Explain services or policies to clients, such as debt management program rules, the advantages and disadvantages of using services, or creditor concession policies.

loan officer

  • Disburse funds from client accounts to creditors.
  • Maintain or update records of client account activity, including financial transactions, counseling session notes, correspondence, document images, or client inquiries.
  • Advise clients or respond to inquiries about financial matters in person or via phone, email, Web site, or Internet chat.
  • Refer clients to social service or community resources for needs beyond those of credit or debt counseling.

loan officer

  • Estimate time for debt repayment given amount of debt, interest rates, and available funds.
  • Negotiate with creditors on behalf of clients to arrange for payment adjustments, interest rate reductions, time extensions, or to set up payment plans.
  • Recommend educational materials or resources to clients on matters such as financial planning, budgeting, or credit.
  • Create action plans to assist clients in obtaining permanent housing via rent or mortgage programs.

loan officer

  • Marketing the loan products in various parts of Mkuranga district where government officials are available.
  • To formulate strategies of finding new clients every day.
  • Customer care.
  • Filling the loan application forms with the clients.
  • To perform other duties as assigned by the Branch manager.

senior loan officer/ relationship manger

  • Handling proper leads and maintaining business activities . 
  • Providing proper services to customer from lead generation to disbursement .
  • Maintain relation with banks for business growth . 
  • Handling team and managing business targets for specific banks .