Credit Officer at Pac Recruiters

Job Summary

• We are looking for a dynamic credit officer to join our company. In this role, your duties will include meeting with clients to set up the loan application process, gathering required financial documentation, and approving or denying loan requests based on your financial calculations.

Job Responsibilities

• Meeting with clients interested in taking out a loan and providing them with the necessary information to start the loan application process.
• Collecting the needed financial documentation and assessing the clients' creditworthiness.
• Calculating and analyzing the risk ratios of clients based on their credit score and financial history.
• Approving or denying loan requests, and communicating your decision to both clients and management.
• Setting up payment plans for clients explaining monthly installment amounts, interest rates, and other costs.
• Maintaining records of loan applications by using loan management software.
• Managing loan renewals by organizing follow-up meetings with clients.
• Monitoring the progress of the loan application process and relaying any hindrances to clients.
• Ensuring that loan applications are in line with the company's financial policies, as well as state laws and regulations.

Requirements

• Bachelor of Science in Accounting, Finance, Banking, Business, or a similar field.
• A minimum of 2 years experience as a credit officer.
• Excellent knowledge of loan application procedures and best lending practices according to state laws and regulations.
• Strong communication skills and proven customer service experience.
• Exceptional analytical skills and the ability to work with complicated financial data.
• Excellent organizational skills and the ability to work well under pressure.
• Strong ethical behavior and the ability to work with sensitive financial information.

Salary

Negotiable.