US Loan Processor

Excellent Communication skills (English)

Night Shift: (Work From Office)- 9:00 pm to 6:00 am

5 Days working:- Monday to Friday

They are responsible for assessing loan applications, evaluating borrowers creditworthiness, and managing the loan portfolio.

Key Responsibilities:

Loan Application Processing:

- Collect and verify necessary documentation from borrowers, such as income statements, proof of address, and credit reports.

- Analyze financial data and assess the borrower's creditworthiness.

- Prepare loan proposals for credit committees or managers to review.

Loan Disbursement:

- Ensure that all necessary approvals are obtained before disbursing loans.

- Coordinate with other departments, such as legal and operations, to complete the loan disbursement process.

Loan Portfolio Management:

- Monitor the performance of existing loans, including repayment schedules and interest rates.

- Identify and address potential risks associated with the loan portfolio.

- Collect overdue payments and take necessary recovery actions.

Compliance Adherence:

- Ensure that all loan activities comply with applicable banking regulations and guidelines.

- Stay updated on changes in banking laws and industry best practices.

Customer Acquisition:

- Actively seek out potential borrowers through various channels, including networking, cold calling, and referrals.

- Educate customers about different loan products and their terms and conditions.

- Build and maintain strong relationships with customers to foster long-term loyalty.

Required Skills and Qualifications:

- Bachelor's degree in finance, economics, or a related field.

- Strong understanding of loan products and lending processes.

- Excellent communication and interpersonal skills.

- Analytical and problem-solving abilities.

- Negotiation and persuasion skills.

- Good knowledge of banking regulations and compliance requirements.

- Proficiency in using computer applications, including loan processing software