Junior Loan Officer Resume
Working as a junior loan officer is a great way of entering the banking or financial field. This position helps the candidates to get acquainted with the way work proceeds at a financial organization. The knowledge thus gained in the process is sure to help job seekers to plan their career and excel in finance field. If you are keen on knowing about the qualities required and the functions performed at this position, refer to the given junior loan officer resume.
Loan refers to a certain sum of amount that people take from financial institutes and are expected to pay back on a later date. A loan officer does the responsible job of ensuring that the customers fulfill all the necessary paperwork before taking the loan. Financial institutes lay down certain rules and regulations to determine whom to give the loan. The loan officer evaluates customers need for loan, their capacity to pay back, their personal and financial background, etc. Based on this information, he determines if a loan should be given or not, the amount, the period of loan, installments amount, etc. Further, the jobholder is responsible to manage the documentation related to the loan process, prepare payment and interest charts and coordinate between the organization and the clients throughout the loan processing stage.
Junior Loan officer Resume Template
Peter J. Doucette
4599 Hill Street
Mendon, OH 45862
Phone: 419-795-8910
Email: pjdoucette@freemail.com
Career Objective:
To work as a junior loan officer and learn the procedures and regulations of granting loans by taking and executing instructions from the seniors and learn to handle higher responsibilities efficiently.
Summary of Skills:
- Updated knowledge of the banking laws and loan processing regulations
- Familiar with the loan procedures and eligibility requirements
- Excellent documents management abilities and reporting skills
- Ability to update records and keep track of the loan files in process
- Skilled at maintaining constant communication and coordination with clients
- Proficient in MS Office Suite and business enterprise software programs
Work Experience:
Junior Loan Officer
Mint Bank, Mendon, OH
October 2015 - Present
- Preparing loan files for each customer who has applied for the loan and file in all the necessary documents
- Explaining the terms and regulations of applying for and availing a loan to the customer. Answer their queries, if any.
- Studying the financial documents submitted by the customers and evaluate the financial standing and creditworthiness of the customer
- Coordinating with the mortgage officers, underwriters, lawyers, etc., as required to process the loans
- Liaising with the bank's management and put forth the case of the customers strongly
- Counter checking information provided by customers for accuracy and authenticity, and revising information if found wrong
- Preparing a chart for monthly payment of installments and interest with dates and explaining the same to the customer
Trainee Loan Officer
ABC Bank, Mendon, OH
February 2012 - September 2015
- Maintained correspondence with customers and updated them about the development of their loan
- Supported seniors in processing loans, maintained documents and verified proof documents
- Referred to a database and called up potential customers who are interested for a loan
- Provided information about the loan services given at the institute over the phone
- Gave appointments to interested candidates and call them to office
- Made reminder calls to customers to visit office or to submit documents
Education:
- Bachelor's Degree in Banking
ABC University, Mendon, OH
2011
Reference:
On request.
