Vacancy "loan officer" can often be found on the pages of newspapers with advertisements and providing job search.As a rule, minimal requirements for the applicant: sociability, friendliness, nice appearance, secondary or higher education.At the same time staff offer good conditions: competitive salary, flexible working hours, social.package.No wonder that such vacancies attract many.
Credit Specialist, responsibilities:
man came to the bank for a loan, immediately falls to the appropriate specialist.The officer must first inform the existing lending programs and to find a suitable, based on the capabilities and needs of the client.When the acceptable program is selected, it must draw up and approve an application for the issuance of the required amount of credit, check the availability of the necessary documents to verify the photo with a passport.Then the loan officer must calculate the timetable and the amount of monthly payments and give it to the client to evaluate the person as to the possible non-repayment of money and transfer the documents prepared in the security service of the bank.Security guards already on the basis of the assessment of the credit specialist, and information provided by the borrower, shall decide the grant or denial of credit.If the application is approved loan officer prepares the necessary documents for the loan: the loan agreement, a statement of early repayment or cancellation of various payments with plastic salary card.The final stage - the signing of the contract.
It would seem that this work is a credit specialist with a particular client should be completed.In most cases it is, but there are exceptions.The fact that it imposes an obligation to monitor payment of the loan, in the case of delayed payment the employee must convince him to pay off existing debt.This means that he will have to call, plead, persuade, threaten fines and penalties.Often, such conversations are in a raised voice, sometimes - with the use of profanity, so the specialist lending shall have strong nerves and stress.
Another minus the loan officer - an action plan (number of monthly loans, he shall issue, or the total amount of loans).As a rule, the implementation of the plan is highly dependent on wages and bonuses rely.Well, if one employee is sitting in a large, continuous shop with a large range, in this case, the plan is often executed.But it happens and vice versa - in a small shop sit two or three loan specialists from different banks.And often the conditions of the competition is much better and more profitable for the buyer.In this case, the employee will have to apply the remarkable oratory skills and business acumen to persuade a potential buyer to issue a loan it had.In addition, in the race for the customer is likely to make a mistake and give loan to a potentially insolvent man.
addition to plan the number and total amount of loans granted banks often impose restrictions on certain credit programs, which exist formally, and even widely publicized, but the design of which is not so profitable bank.Accordingly, the credit counselor will have to redirect the client to the desired program to one that preferred the bank.Sometimes banks put forward plans for insurance of deposits, non-compliance can also significantly hit on the wallet loan officer.So this work, though paid, but not simple.
