Loan Officer job description template - Hiring Resources - Recruitee

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Loan Officer

This is a Loan Officer job description template. Made for posting on job boards and careers sites. Feel free to edit and customize it.

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Loan Officer job description

Job description

We are looking for a diligent Loan Officer. You will work with bank customers to evaluate financial information for loan approval or rejection in a timely manner.

  • Check loan applications for all of the required attachments and documentation.
  • Evaluate loan applications for approval/rejection by interviewing applicants and consulting applicable metrics.
  • Counsel applicants on reasons for loan rejection and answer any questions.
  • Obtain signatures, and any other documentation after loans are approved.
  • Find opportunities to promote different loan services to potential customers.
  • Offer alternative loan products to customers that may be more appropriate.
  • Use electronic database to confirm loan eligibility.
  • Adhere to guidelines, laws, and regulations.

Job benefits:

  • [X] salary
  • [X] vacation days
  • Sick, personal, and parental leave
  • Child and elder care
  • Health insurance
  • Retirement plans
  • Professional development

Job requirements

  • Good command of banking software/tools.
  • Excellent communication and negotiation skills.
  • Ability to handle client information in a secure and sensitive manner.
  • [X] year(s) experience working as a Loan Officer or relevant roles in banking.
  • Certification and Licensure appropriate for the geographic region.
  • Excellent verbal and written communication in [X] language.
  • [X] degree in Finance or relevant fields.