Credit Processing Associate - BL and LAP

Role & 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 instalment amounts, interest rates, and other costs.
• Maintaining records of loan applications by using loan management software.
• Managing loan renewals by organizing followup 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.

Preferred candidate profile:

• Bachelor's degree required.
• A minimum of 2 years' experience as a credit processing officer.
• Knowledge of loan application procedures and best lending practices according to state laws and regulations.
• Strong communication skills and proven customer service experience.
• Strong ethical behavior and the ability to work with sensitive financial information.