Loan Officer

Job Description

We are seeking an experienced Loan Officer to join our team. The primary responsibility of this role is to review and analyze loan applications, ensuring that they meet underwriting standards and regulatory requirements. If you have a keen eye for detail and a solid understanding of loan processes, we would love to hear from you.

Responsibilities

• Conduct comprehensive reviews of loan applications and supporting documentation.
• Utilise financial analysis tools to assess the risk levels of applicants.
• Collaborate with the loan processing team to expedite application reviews.
• Provide guidance and support to applicants throughout the loan process.
• Develop performance reports on loan applications and outcomes for analysis.
• Ensure all documentation is completed accurately and maintained in line with compliance standards.
• Communicate policy changes to clients and internal teams effectively.
• Participate in training sessions to enhance understanding of lending practices.
• Engage in proactive communication with applicants to clarify any discrepancies.
• Monitor regulatory changes impacting lending practices and adjust procedures accordingly.

Requirements

Education

• Bachelor's degree in Finance, Accounting, or a related field
• Professional certification (e.g. Certified Public Accountant) is a plus

Experience

• 5+ years of experience in a similar role in banking or financial services

Technical Skills

• Excel
• Database Management Software

Soft Skills

• Team Collaboration
• Time Management

Certifications

• Advanced Financial Analysis Certification

Languages

• English: Fluent

Advantageous

• Familiarity with South African Banking Regulations: Understanding of local banking regulations and compliance requirements.
• Experience with Financial Modelling: Hands-on experience in creating financial models to support loan assessments.

Benefits

• Comprehensive health insurance
• Pension fund contributions
• Professional development opportunities
• Employee assistance programmes

Company Culture

• Continuous Learning: We promote ongoing development and learning opportunities for our staff.
• Community Engagement: We actively participate in community initiatives and support local causes.
• Employee Wellbeing: We prioritise the health and wellbeing of our employees through various support programmes.