Loan Officer
Job Role : Loan Officer is responsible for evaluating, processing, and managing loan applications while ensuring compliance with banking policies and regulatory guidelines. The role involves assessing applicants’ creditworthiness, recommending loan approvals or rejections, monitoring repayments, and maintaining strong relationships with borrowers to ensure portfolio quality and timely recovery.
Key Responsibilities :
- Identify and develop new loan business opportunities.
- Receive and process loan applications from customers.
- Evaluate creditworthiness through financial analysis and background checks.
- Conduct field visits for verification of applicant details and collateral.
- Prepare loan appraisal reports and recommend sanction decisions.
- Ensure proper documentation and legal compliance before disbursement.
- Monitor loan accounts to ensure timely repayments.
- Follow up on overdue accounts and initiate recovery actions.
- Maintain accurate loan records and update core banking systems.
- Coordinate with legal, recovery, and audit teams when required.
- Ensure adherence to internal credit policies and regulatory norms.
- Build and maintain strong customer relationships for repeat business.
- Number Of Openings: -3
- Monthly Income: Depends On Skills & Experience
- Job Shift:
- Job type:
- where are you interested in hiring from ?:
- Candidate minimum qualification:
- Select Year of experience ?:
- Preferred Gender:
- Type Of enitiy:
- Have u take any charge From Candidate?:
- Name of firm: Shri Arya Chanakya Nagari Sahakari Patsanstha
- Other Skill Required: Strong knowledge of loan processing and credit appraisal. Ability to analyze financial statements and income documents. Understanding of secured and unsecured lending procedures. Good communication and negotiation skills. Fieldwork capability for verification and recovery visits. Knowledge of cooperative banking rules and regulations. Attention to detail in documentation and compliance checks. Basic computer proficiency and familiarity with core banking software. Strong follow-up and recovery management skills. Ethical judgment and integrity in credit decisions.