Commercial Loan Officer - Gurugram, Haryana, India - Shri Management Services

Shri Management Services

Verified Company

Gurugram, Haryana, India

1 week ago

Posted by:

Deepika Kaur

beBee Recuiter

Full time

Gurgaon

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Consulting with managers about credit policies, credit lines, standards, and procedures.

Advising clients on suitable loan and credit options.
Obtaining and assessing financial information, including financial statements and credit histories.
Collaborating with other financial institutions in setting up loan packages for extensive loans.
Liaising between borrowers and underwriting departments.
Negotiating payment arrangements and preparing delinquent loan reports.
Training and supervising loan administrators.
Documenting procedures and maintaining hardcopy and electronic records of loan agreements.
Keeping abreast of amendments to loan policies, lending procedures, and regulations.
Meet with prospective borrowers to determine their financing needs
Prepare and negotiate loan terms
Generate loan documents, including promissory notes, deeds, and mortgage assignments
Obtain and provide documentation to underwriters and other staff as required
Explain loan terms to borrowers
Meet with borrowers, contractors, and real estate agents as necessary
Work with other staff as necessary to support loan processing

Commercial Loan Officer Requirements:

Bachelor's degree in finance, business, or in a related field.
A minimum of 2 years experience in a similar role.
Proficiency in loan servicing software, such as LaserPro and Finflux.
Indepth knowledge of loan policies and lending procedures.
Extensive experience in reviewing financial information.
Ability to collaborate with senior managers and external stakeholders.
Advanced ability to negotiate payment plans and report delinquincy.
Ability to train and supervise loan administrators, as well as liaise between departments.
Excellent organizational and communication skills.

Experience Years