Loan Processor - Lagos Mainland

Job brief

We are looking for a reliable Loan Processor to perform appraisals of business or individual loans. You will undertake an intermediary role between potential clients and our financial institution. The goal is to help qualified applicants obtain loans in a timely manner and protect our organization’s credibility. Loan processor duties and responsibilities will include analysis, appraisal and evaluation of loan applicants, as well as writing and finalizing contracts.

Responsibilities

Perform initial appraisal of potential borrowers by thoroughly examining their applications
Assess the credit standings of applicants through background research
Interview applicants to evaluate their eligibility for loan or mortgage
Conclude on all applicable financial and non-financial criteria and develop loan repayment plans
Follow up with clients to clarify important points
Give the “green light” to eligible candidates and report decisions with sound arguments
Finalize loan contracts and keep clients informed in rules and obligations
Remain up to speed regarding lending and other financial services
Create and renew records
Identify customer needs, explore all options and suggest different types of loans
Cultivate trustworthy referral networks, suggest alternate channels and cross-sell products and services
Forge trust relationships and enhance customer dedication
Work within established regulations and adhere to law requirements at all times

Requirements
Good knowledge of banking computer software and MS Office
Comprehension of direct/indirect lending procedures
In-depth understanding of relevant rules and regulations
Excellent communication and sales skills
Balance between customer satisfaction orientation and a results driven approach

QUALIFICATION:
Applicants must possess minimum of National Diploma/Bachelor Degree in any related field. A professional qualification will be an added advantage.
HOW TO APPLY:
Interested qualified and applicants should forward their cv/details to or send your brief details to the HR on
080-2073-7456 NOTE: This opening is for Lagos resident only.