Loan Officer

Placements24; LegKraal Gate; On-site; ZAR 210,000 - 300,000; Full time

Benefits offered by this job

Competitive base salary pluscommission

Health and retirement benefits package

Extensive training and professional开发

Career advancement opportunities

Supportive team environment

Job summary

Placements24 in Mahikeng is seeking a motivated Loan Officer to originate and process various loan types, assess borrower eligibility, and ensure regulatory compliance. You will build client relationships and deliver tailored lending solutions in a dynamic financial services environment.

The role requires a finance or business degree, strong sales and service mindset, and proficiency with loan origination software. You will work toward sales targets within North West's banking sector.

Qualifications

• Bachelor's degree in Finance, Business Administration, Economics, or related field.
• Proven experience as a Loan Officer or in a related sales/customer service role within the financial industry.
• Strong understanding of loan products, lending policies, and regulatory requirements.

Responsibilities

• Source new loan business through networking, referrals, and marketing efforts.
• Interview loan applicants to gather financial information and assess creditworthiness.
• Analyze financial data and documentation to determine loan eligibility and terms.
• Prepare loan applications and supporting documents for underwriting and approval.
• Explain loan products, terms, and conditions clearly to clients.
• Maintain strong relationships with clients and provide exceptional customer service throughout the loan process.

Skills

Sales skills

Customer service

Negotiation

Education

Bachelor's degree in Finance/Business/Economics

Tools

Loan origination software

Job description

About the Role

Our client is seeking a motivated and customer-focused Loan Officer to join their banking team in Mahikeng . In this role, you will be responsible for originating and processing various types of loans, assessing borrower eligibility, and ensuring compliance with all lending regulations. You will play a vital part in helping individuals and businesses achieve their financial goals by providing tailored lending solutions. This is an excellent opportunity to develop your career in lending within the North West region's financial services sector.

Key Responsibilities

• Source new loan business through networking, referrals, and marketing efforts.
• Interview loan applicants to gather financial information and assess creditworthiness.
• Analyze financial data and documentation to determine loan eligibility and terms.
• Prepare loan applications and supporting documents for underwriting and approval.
• Explain loan products, terms, and conditions clearly to clients.
• Maintain strong relationships with clients and provide exceptional customer service throughout the loan process.

Requirements

• Bachelor's degree in Finance, Business Administration, Economics, or a related field.
• Proven experience as a Loan Officer or in a related sales/customer service role within the financial industry.
• Strong understanding of loan products, lending policies, and regulatory requirements.
• Excellent sales, negotiation, and customer service skills.
• Proficiency in loan origination software and Microsoft Office Suite.
• Ability to work independently and meet sales targets in a dynamic environment.

Benefits

• Competitive base salary plus attractive commission and bonus structures.
• Comprehensive health and retirement benefits package.
• Extensive training and professional development opportunities.
• Career advancement prospects within a growing financial institution in Mahikeng .
• Supportive team environment focused on client success.