Loan Officer

Description

Key Responsibilities

• Conduct member interviews to understand borrowing needs and recommend suitable loan options that align with internal policies.
• Evaluate loan applications, ensuring all necessary documentation is accurate and complete prior to submission for approval.
• Offer financial guidance and counseling to members
• Collaborate with various departments and external partners to facilitate seamless loan processing and funding.
• Monitor and prepare regular reports on loan portfolios, including character loans, share-secured loans, overdrafts, and unsecured credit.
• Actively promote and cross-sell additional financial products and services tailored to member needs.
• Ensure strict compliance with internal controls and regulatory requirements in all lending activities.

Requirements:

• Degree in Banking, Finance, Business, or a related discipline is preferred, although relevant professional experience will be considered in lieu.
• A minimum of 3 years’ experience working in a lending, banking, or credit-focused role within a financial services environment.
• Strong understanding of credit assessment principles and the ability to make sound lending decisions based on risk evaluation.
• Exceptional attention to detail and commitment to accurate documentation and policy compliance.
• High level of integrity, confidentiality, and professional judgment.