Loan Officer at Basic Consumers Kash (Ebonyi) 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

• Approve loans within specified limits, and refer loan applications outside those limits to management for approval.
• Meet with applicants to obtain information for loan applications and to answer questions about the process.
• Analyze applicants' financial status, credit, and property evaluations to determine the feasibility of granting loans.
• Compute payment schedules.
• 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.
• Arrange for maintenance and liquidation of delinquent properties.
• Interview, hire and train new employees.
• Submit applications to credit analysts for verification and recommendation.
• Handle customer complaints and take appropriate action to resolve them.
• Work with clients to identify their financial goals and to find ways of reaching those goals.
• 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
• Review and update credit and loan files.
• Review loan agreements to ensure that they are complete and accurate according to policy.
• 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.
• Supervise loan personnel.

Requirement

• B.Sc / HND in any Business related discipline.

How to Apply Interested and qualified candidates should send their CV / Resume to: [email protected] using the "Job Title" as the subject of the mail.