Loan Advisor Resume
Loan advisors are the selling agents for money-lending institutions and banks. They help people in need of loan with all the formalities necessary for applying and obtaining a loan. To do the job, these professionals meet and understand clients' loan requirements and accordingly advise them. Before embarking on loan processing, the advisors also check the credit history and financial status of the clients to decide whether granting loan is safe for the bank or not.
Good communication, convincing, and persuasive skills are necessary for the loan advisor job. The candidates also should have strong math skills, exceptional attention to detail, ability to coordinate with credit-rating agencies, and perform background research on loan applicants.
Loan Advisor Resume Example
John R. Malone
4146 Nixon Avenue
Kingsport, TN 37663
Phone: 423-239-5743
Email: jrmalone@anymail.com
Career Objective:
Interested in working with "Oriental Bank," as a loan advisor and help the bank in selling loan products to potential clients by performing complete background search and obtaining credit history on them.
Summary of Skills:
- Excellent knowledge of latest loan products offered by banks and financial institutions
- Good communication, math, and convincing skills
- Outstanding coordination skills and attention to detail
- Skilled in evaluating situations and solving problems
- Ability to liaise with credit-rating agencies and obtained credit reports
- Adept in collection tasks and selling new loan products
Work Experience:
Loan Advisor
ABC Finance Company, Kingsport, TN
October 2014 - Present
- Selling personal, home, education, and vehicle loans to customers
- Researching on credit history of loan applicants and determining feasibility of granting loans
- Assisting clients in fulfilling loan procedures formalities and procuring needed documents
- Liaising with credit-rating agencies, obtaining and interpreting credit reports
- Explaining clients on interest on loans, paying tenure, and monthly installment
- Collecting papers necessary for processing and disbursing loans
Loan Advisor
City Finance, Kingsport, TN
April 2013 - September 2014
- Researched, analyzed, and determined feasibility of granting loans
- Discussed loan options, interest rates, and credit criteria with clients
- Advised clients on availing suitable loans for their personal and business purpose
- Collected, scanned, and verified information on loan applications
- Completed loan applications and submitted to the concerned department for loan disbursement
- Assisted clients in closing their loan account before tenure
Education:
-
Bachelor’s Degree in Finance
Kingsport University, Kingsport, TN
2012
Reference:
On request.
