SCOPE AND IMPACT
The candidate will be tasked with the responsibility of selling various loan products. He/ She will act as liaison between
customers and our financial institution and will help qualified applicants acquire loans in a timely manner.
JOB SUMMARY
The Rosabon Sales Executive is required to collect and prepare all materials needed to process transactions (loans and investments). He/ She will also responsible for reviewing loan applications evaluating the potential risks of granting loans to applicants.
DUTIES & RESPONSIBILITIES
- Evaluate credit worthiness by processing loan applications and documentation within specified limits
- Interview applicants to determine financial eligibility and feasibility of granting loans
- Determine all applicable ratios and metrics and set up debt payment plans
- Communicate with clients either to request or to provide information
- Justify decisions (approvals/rejections) and report on them
- Complete loan contracts and counsel clients on policies and restrictions
- Review loan agreements to ensure that they are complete and accurate according to policy
- Update account records, Compute payment schedules and transactions on ERP
- Confer with underwriters to aid in resolving loan application problems.
- Update job knowledge on types of loans and other financial services
- Assess customer needs, explore all options and introduce different types of loans
- Develop referral networks, suggest alternate channels and cross-sell products and services to accomplish quotas
- Go the “extra mile” to build trust relationships, customer loyalty and satisfaction throughout the underwriting process
- Operate in compliance with laws and regulations and adhere to lending compliance guidelines
- Deposit mobilization to meet set targets
Key Performance Indicators
- Meet Set Monthly loan and investment Targets
- Reduced number of Non-Performing loans
- Customer retention rate of minimum 90% across loan and investment products
QUALIFICATIONS/REQUIREMENTS
- Proven working experience as a Loan Officer
- Familiarity with computers and banking applications/software
- Solid understanding of direct/indirect lending products and practices
- Customer satisfaction orientation and sales competencies
- Ability to work in a goal oriented environment and meet set target
- BS degree in finance, economics or a related field
Job Type: Contract
Contract length: 12 months
Pay: ₦70,000.00 - ₦170,000.00 per month
Application Question(s):
- How many years have you worked specifically with Salary loan, Investment Portfolio and or Wealth Management
- which types of loans are you most familiar with?