The Company A commercial bank is currently is looking for a Credit Officer to handle loan applications, evaluate, determine, facilitate loan application procedures.
Responsibilities- Assess loan applications
- Meet with loan applicants and provide adequate information on eligibilities and implications
- Propose the various kinds of loan the bank offers
- Assess the creditworthiness of client
- Review loan requests and plan payment setups explaining periodic repayments and interest rates
- Monitor the progress of the loan application process and relay any hindrances to clients
- Ensure that loan applications are in line with the bank's financial policies
- Gather financial services documentation and other required documents for a successful application
- Keep loan application records with a loan management software
- Present approved or rejected loans to loan management
- Organize follow-up meetings with clients and manage loan renewals
- Calculate accurate financial ratios
