Sales Officer (Consumer Lending / Deposit Mobilization) at Rosabon Financial Services

Job Summary

• The Rosabon Sales Officeris required to collect and prepare all materials needed to secure a loan. He/ She will also be responsible for reviewing loan applications evaluating the potential risks of granting loans to applicants.
• The Sales Officer will also be responsible for mobilization of Fixed deposit for the organization.

Duties & Responsibilities

• Evaluate creditworthiness 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
• Source appropriately priced and structured deposit liabilities for the company from retail and institutional sources.
• Visit, engage prospects and maintain liability generated.
• Marketing and sale of all company deposit products.
• Meet, maintain and exceed assigned targets and quota in deposit mobilization and other assigned tasks.
• Propose services, up-selling and cross-selling whenever possible.
• Participate in creating new and better marketing based on field experience.
• Ensure the form for the fixed deposit investment Planis adequately completed and registered
• Inform the client of the status of their investment.

Qualifications / Requirements

• B.Sc Degree in Finance, Economics, or a related field.
• Proven working experience as a Loan Officer and Deposit Mobilization
• 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.

What to expect in the hiring Process:

• A preliminary phone call with the recruiter
• A reasoning and a personality assessment
• A technical interview session with a HR representative and the hiring manager.