Loan Officer

Placements24; Benoni; Hybrid; ZAR 240,000 - 360,000; Full time

Benefits offered by this job

Commission bonuses

Medical & retirement plans

Hybrid work arrangement

Training & development

Client growth impact

Job summary

Placements24 in Benoni seeks a dedicated Loan Officer to originate, process, and close a variety of loans. You will assess creditworthiness and guide clients through the application process in a hybrid work setting, balancing in-office interactions with remote tasks.

The ideal candidate has strong sales, communication, and financial assessment skills, with knowledge of underwriting principles and loan products. Join a team focused on community financial growth.

Qualifications

• Bachelor's degree in Finance, Business, Economics or related field.
• Proven experience in loan origination or similar sales/lending role in Banking & Finance.
• Strong knowledge of loan products, credit analysis and underwriting basics.
• Excellent sales, negotiation and customer service skills.
• Proficiency with loan origination software and MS Office.

Responsibilities

• Originate new loan applications through networking, referrals and prospecting.
• Assess applicants' financial status, ability to repay and collateral value.
• Guide clients through the loan process, explaining terms clearly.
• Prepare loan packages and ensure documentation is complete and accurate.
• Maintain knowledge of lending regulations, products and market trends.
• Build and maintain relationships to foster loyalty and repeat business.

Skills

Sales

Negotiation

Customer service

Communication

Financial assessment

Credit analysis

Underwriting principles

Education

Bachelor's degree in Finance, Business, Economics

Tools

Loan origination software

Microsoft Office Suite

Job description

About the Role

Our client is seeking a dedicated and results-oriented Loan Officer to join their team in Benoni . This position is key to serving the financial needs of individuals and businesses within the community, playing a vital role in the Banking & Finance sector. You will be responsible for originating, processing, and closing a variety of loans, building strong relationships with clients, and ensuring adherence to lending policies and regulations. The role offers a hybrid work model, combining office-based client interactions and administrative tasks with the flexibility of remote work. The ideal candidate will have excellent sales, communication, and financial assessment skills.

Key Responsibilities

• Originate new loan applications through networking, prospecting, and client referrals.
• Assess applicants' financial status, ability to repay, and value of collateral.
• Guide clients through the loan application process, explaining terms and conditions clearly.
• Prepare loan packages for submission and ensure all required documentation is accurate and complete.
• Maintain up-to-date knowledge of lending regulations, products, and market trends.
• Build and maintain strong relationships with clients to foster loyalty and repeat business.

Requirements

• Bachelor's degree in Finance, Business, Economics, or a related field.
• Proven experience as a Loan Officer or in a similar sales/lending role within the Banking & Finance industry.
• Strong understanding of loan products, credit analysis, and underwriting principles.
• Excellent sales, negotiation, and customer service skills.
• Proficiency in loan origination software and Microsoft Office Suite.
• Ability to work effectively in a hybrid environment, balancing client-facing activities with administrative tasks.

Benefits

• Competitive base salary plus commission and performance bonuses.
• Comprehensive benefits package including medical, dental, and retirement plans.
• Hybrid work arrangement offering flexibility.
• Ongoing training and professional development opportunities.
• Be a key part of the financial growth and success of clients in Benoni .