Loan Officer

Placements24; Paarl; Hybrid; ZAR 250,000 - 520,000; Full time

Benefits offered by this job

Hybrid work model

Health plan

Retirement plan

Training & development

Reputable lender

Job summary

Placements24 in Paarl is seeking a results-driven Loan Officer to originate and process a variety of loan products. You will assess client needs, explain terms, and guide applicants through the full application journey, ensuring compliance and accuracy.

This hybrid role balances client-facing responsibilities with the flexibility to perform administrative tasks remotely, supporting efficient loan processing and excellent service.

Qualifications

• Proven experience as a Loan Officer or in a similar sales/lending role.
• In-depth knowledge of various loan products (mortgages, personal loans, business loans).
• Understanding of credit analysis, underwriting processes, and relevant regulations.
• Excellent sales, negotiation, and communication skills.

Responsibilities

• Originate new loan business by prospecting and building relationships with potential clients.
• Interview applicants to gather detailed financial information and assess creditworthiness.
• Explain loan products, terms, and conditions clearly to clients.
• Process loan applications accurately and efficiently, ensuring all documentation is complete.
• Work closely with underwriters and other departments to facilitate loan closings.
• Meet and exceed loan origination targets and performance metrics.

Skills

Sales skills

Negotiation

Communication

Relationship building

CRM software

Loan origination

Tools

Loan origination software

CRM systems

Job description

About the Role

Our client is seeking a results-driven Loan Officer to join their team in Paarl. This role is responsible for originating and processing various types of loans, managing client relationships, and ensuring compliance with lending policies. You will assess client financial needs, recommend appropriate loan products, and guide applicants through the entire loan application process. This hybrid position balances essential client-facing responsibilities with the flexibility to manage administrative tasks remotely, contributing to efficient loan processing and excellent customer service.

Key Responsibilities

• Originate new loan business by prospecting and building relationships with potential clients.
• Interview applicants to gather detailed financial information and assess creditworthiness.
• Explain loan products, terms, and conditions clearly to clients.
• Process loan applications accurately and efficiently, ensuring all documentation is complete.
• Work closely with underwriters and other departments to facilitate loan closings.
• Meet and exceed loan origination targets and performance metrics.

Requirements

• Proven experience as a Loan Officer or in a similar sales/lending role.
• In-depth knowledge of various loan products (e.g., mortgages, personal loans, business loans).
• Understanding of credit analysis, underwriting processes, and relevant regulations.
• Excellent sales, negotiation, and communication skills.
• Strong ability to build rapport and trust with clients.
• Proficiency in loan origination software and CRM systems.

Benefits

• Competitive base salary plus attractive commission structure.
• Hybrid work model for flexibility and work-life balance.
• Comprehensive benefits package, including health and retirement plans.
• Ongoing training and professional development opportunities.
• Be part of a reputable lending institution in Paarl.