Loan Officers Resume Samples (Text format)
About Me
Loan Officer
- Extensive experience of XX years in approving loans within specified limits, and refer loan applications outside those limits to management for approval; meeting with applicants to obtain information for loan applications and to answer questions about the process
- Skilled in analyzing applicants' financial status, credit, and property evaluations to determine feasibility of granting loans; explaining to customers the different types of loans and credit options that are available, as well as the terms of those services
- Adept in obtaining and compiling copies of loan applicants' credit histories, corporate financial statements, and other financial information; reviewing and updating credit and loan files; reviewing loan agreements to ensure that they are complete and accurate according to policy
- Stay abreast of new types of loans and other financial services and products in order to better meet customers' needs; submitting applications to credit analysts for verification and recommendation; handling customer complaints and take appropriate action to resolve them
- Adroit in negotiating payment arrangements with customers who have delinquent loans; marketing bank products to individuals and firms, promoting bank services that may meet customers' needs; setting-up credit policies, credit lines, procedures and standards in conjunction with senior managers.
- Proficient in analyzing potential loan markets and develop referral networks in order to locate prospects for loans; preparing reports to send to customers whose accounts are delinquent, and forward irreconcilable accounts for collector action; arranging for maintenance and liquidation of delinquent properties
EDUCATION
Bachelor of Commerce,
Completed, July 2016
Abc school
CBSE – Marks 70%
Noida, Uttar Pradesh
Work Experience
May 2016 - March 2018
Loan Officer
Madhulata
Noida, Uttar Pradesh
Key Result Areas:
- Propose appropriate solutions and documents all processes for underwriting transactions and prepare appropriate updates to all credit history
- Manage network for all real estate professionals and personal contacts and participate in all business development activities
- Maintain and update knowledge on all products and programs and provide efficient advocacy for all customer; administer all mortgage loans and various specialized loan products
- Conduct interviews for all applications and recommend modification to paperwork as per requirement
- Assist to answer all loan services and customer phone calls
- Resolve all issues and maintain knowledge on all loan servicing procedures
- Manage all loan payment methods and prepare all loan submission documents
- Manage all communication with internal departments to facilitate all loan processes
- Collaborate with funding center and prepare all closing processes and maintain records of all department personnel; monitor all loan applications and documents all underwriting processes
- Evaluate all credit reports and enter all information for loan approval and manage resolution of all issues
- Keep proper records and look into customer complaints
- Arrange for the customers to repay outstanding loans to the bank
- Increase the loan revenue of the bank and in return increase their own commissions
Key Highlights:
- Any existing systems/ processes streamlined???? Results obtained???? Major assignments handled????
- Any unique initiative taken to improve customer satisfaction level???? Any major accounts/clients handled???
- Awards/appreciation letters received???? Other relevant achievements????
June 2018 - Current
Loan Officer
ABC Lmt.
Noida, Uttar Pradesh
Key Result Areas:
- Evaluated credit worthiness by processing loan applications and documentation within specified limits
- Interviewed applicants to determine financial eligibility and feasibility of granting loans
- Determined all applicable ratios and metrics and set up debt payment plans
- Communicated with clients either to request or to provide information
- Justified decisions (approvals/rejections) and report on them
- Completed loan contracts and counsel clients on policies and restrictions
- Updated job knowledge on types of loans and other financial services
- Assessed customer needs, explore all options and introduce different types of loans
- Developed referral networks, suggest alternate channels and cross-sell products and services to accomplish quotas; maintained and updated account records
- Gone the “extra mile” to build trust relationships, customer loyalty and satisfaction throughout the underwriting process
- Operated in compliance with laws and regulations and adhere to lending compliance guidelines
Key Highlights:
- Any existing systems/ processes streamlined???? Results obtained???? Major assignments handled????
- Any unique initiative taken to improve customer satisfaction level???? Any major accounts/clients handled???
- Awards/appreciation letters received???? Other relevant achievements????
