Loan Officer

DAR - Satkartar Lending Corporation; Albay; On-site; PHP 279,000 - 446,400; Full time

Job summary

A financial services company in Albay, Philippines is seeking a Loan Officer to evaluate and authorize loan applications. This role involves assessing creditworthiness and compliance with lending regulations, while maintaining strong relationships with customers. Ideal candidates will have a Bachelor's degree and 1-3 years of experience in banking or financial services.

Qualifications

• 1-3 years of experience in banking or financial services.
• Strong knowledge of lending practices and credit analysis.
• Ability to work independently and meet deadlines.

Responsibilities

• Evaluate and authorize loan applications for individuals or businesses.
• Assess creditworthiness and maintain client relationships.
• Ensure compliance with lending regulations.

Skills

Communication skills

Analytical abilities

Customer service skills

Negotiation skills

Attention to detail

Education

Bachelor’s degree in Finance, Business Administration, Economics

Tools

Financial software

Loan management systems

MS Office

Job description

A Loan Officer evaluates, authorizes, or recommends approval of loan applications for individuals or businesses. This role involves assessing creditworthiness, ensuring compliance with lending regulations, and maintaining strong client relationships. The Loan Officer serves as a key point of contact for customers seeking financial products and solutions.

• Education: Bachelor’s degree in Finance, Business Administration, Economics, or a related field.
• Experience: 1-3 years of experience in banking, financial services, or a similar role (entry-level roles may require less experience).
• Strong knowledge of lending practices, credit analysis, and financial regulations.
• Proficiency in financial software, loan management systems, and MS Office.
• Excellent communication, negotiation, and customer service skills.
• High attention to detail and accuracy in loan processing.
• Strong analytical and problem-solving abilities.
• Ability to work independently and meet deadlines.
• Sales and marketing acumen for promoting loan products.