Loan Officer

Job Responsibilities:

• Advises clients about the risks, consequences, and benefits of alternative lending solutions.
• Develops loan applications by evaluating applicant information and documentation.
• Consults with clients about their lending needs to help them achieve their financial goals, including the collection and analysis of information about the client’s financial situation.
• Evaluates loan applications and documentation by informing applicant of additional requirements.
• Rejects loans by explaining deficiencies to applicants.
• Schedules and tracks closing dates, contingency dates, and loan lock expirations.
• Approves loans by issuing checks or forwarding applications to loan committee.
• Completes loan contracts by explaining provisions to applicant, obtaining signatures and notarizations, and collecting fees.
• Prepares and submits timely and accurate loan files.
• Uses state of the art technology to manage loan pipeline and conduct credit and underwriting analysis.
• Updates job knowledge by participating in educational opportunities, reading professional publications, maintaining professional networks, and participating in professional organizations.
• Helps customers by answering questions and responding to requests.
• Maintains customer confidence by keeping loan information confidential.
• Accomplishes bank mission by completing related results as needed.

Qualifications / Skills:

• Financial skills
• Time management skills
• Knowledge of financial software
• Customer service
• Thoroughness
• Confidentiality
• Analyzing information
• Decision making
• Professionalism
• Quality focus
• Negotiation skills

Education and Experience Requirements:

• Any Degree
• Most advanced positions require a BA or BS in economics, finance, business, or other related field
• 2-5 years business experience (Loan department)
• Mortgage loans: registration as a mortgage loan originator with the Nationwide Mortgage Licensing System and Registry (“Registry”), state real estate license (Optional)

Job Types: Full-time, Permanent

Pay: ₹25,225.33 - ₹50,889.24 per month

Benefits:

• Health insurance
• Provident Fund

Schedule:

• Day shift

Ability to commute/relocate:

• Bengaluru, Karnataka: Reliably commute or planning to relocate before starting work (Preferred)

Experience:

• Loan: 1 year (Preferred)

Location:

• Bengaluru, Karnataka (Preferred)

Work Location: In person

Speak with the employer
+91 8075916010