Loan Officer

Infinity Credit Cooperative; Albay; On-site; PHP 279,000 - 446,400; Full time

Job summary

A financial institution in Albay is seeking a Loan Officer to assist individuals and businesses in obtaining loans. The ideal candidate should have a Bachelor’s degree in finance or business, with previous experience in banking or customer service being an advantage. They will evaluate loan applications, assess creditworthiness, and guide clients through the loan approval process. The role is critical in helping clients achieve their financial goals while ensuring compliance with lending practices.

Qualifications

• Previous experience in banking, customer service, or sales is an advantage.
• Licensing or certification (e.g., NMLS for mortgage loan officers) may be required.

Responsibilities

• Evaluate loan applications and assess creditworthiness.
• Guide clients through the loan approval process.
• Ensure responsible lending practices while balancing customer service and compliance.

Education

Bachelor’s degree in finance, business, or a related field

Job description

Responsibilities

A Loan Officer is a financial professional responsible for assisting individuals and businesses in obtaining loans. Their primary role is to evaluate loan applications, assess creditworthiness, and guide clients through the loan approval process. Loan officers typically work for banks, credit unions, mortgage companies, or other financial institutions.

Qualifications

• Bachelor’s degree in finance, business, or a related field (preferred).
• Previous experience in banking, customer service, or sales is an advantage.
• Licensing or certification (e.g., NMLS for mortgage loan officers) may be required.
• Loan officers play a critical role in helping clients achieve their financial goals while ensuring responsible lending practices. They must balance customer service with regulatory compliance and financial analysis to succeed in the role.