Business Development Officer

A Loan Officer, often working for a lending institution, evaluates loan applications, assesses financial eligibility, manages loan contracts, and advises clients on loan products and policies, all while ensuring compliance with lending regulations.

Heres a more detailed breakdown of a Loan Officers role:

Key Responsibilities:

Application Processing & Evaluation:

Review and process loan applications, verifying information and documentation.

Conduct financial analysis to assess the applicants creditworthiness and ability to repay.

Evaluate loan requests, determining the level of risk and appropriate loan terms.

Customer Interaction & Counseling:

Provide guidance to customers on different loan products and services.

Explain loan terms, conditions, and repayment schedules.

Address customer inquiries and resolve any concerns.

Build and maintain strong client relationships.

Loan Management:

Prepare and process loan agreements and other documentation.

Monitor loan performance and ensure timely repayment.

Skills & Qualifications:

Strong analytical and problem-solving skills.

Excellent communication, interpersonal, and customer service skills.

Knowledge of lending products, regulations, and financial principles.

Proficiency in using loan origination software and other relevant technology.

Ability to manage multiple tasks and prioritize deadlines.

Thoroughness, attention to detail, and a commitment to accuracy.

Send cv to career@pennylender.com

Job Type: Full-time

Job Type: Full-time

Information :

• Company : Pennylender Limited
• Position : Business Development Officer
• Location : Yaba
• Country : NG