Loan Officer at Basic Consumers Kash Co-operative Society Limited

Basic Consumers Kash (Ebonyi) Co-operative Society Limited  is currently recruiting suitably qualified candidates to fill the position below:

Job Title: Loan Officer Location: Ebonyi

Job Description

• Source for potential clients who are credit worthy.
• Analyze applicants' financial status, credit, and property evaluations to determine feasibility of granting loans.
• Review and update credit and loan files.
• Review loan agreements to ensure that they are complete and accurate according to policy.
• Compute payment schedules.
• Explain to customers the different types of loans and credit options that are available, as well as the terms of those services.
• Obtain and compile copies of loan applicants' credit histories, corporate financial statements, and other financial information.
• Stay abreast of new types of loans and other financial services and products in order to better meet customers' needs.
• Submit applications to credit analysts for verification and recommendation.
• Handle customer complaints and take appropriate action to resolve them.
• Supervise loan personnel.
• Set credit policies, credit lines, procedures and standards in conjunction with senior managers.
• Provide special services such as investment banking for clients with more specialized needs.
• Analyze potential loan markets and develop referral networks in order to locate prospects for loans.
• Prepare reports to send to customers whose accounts are delinquent, and forward irreconcilable accounts for collector action.
• Work with clients to identify their financial goals and to find ways of reaching those goals.
• Confer with underwriters to aid in resolving mortgage application problems.
• Negotiate payment arrangements with customers who have delinquent loans.
• Market bank products to individuals and firms, promoting bank services that may meet customers' needs.

Requirements

• B.Sc, HND, NCE, OND in any business related discipline.

How to Apply Interested and qualified candidate should send their CV to: [email protected] using the job title as the subject of the email