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SENIOR LENDING OFFICER (CEDROS)


La Brea or Point Fortin, South West Permanent Full Time Posted On 11.18.2020 Expire On 12.02.2020 Employer

Description


JOB TITLE: SENIOR LENDING OFFICER

JOB PURPOSE
The Lending Officer supports the Loan for Enterprise and Network Development (LEND) Agency’s business development strategy by:
  • providing assurance that loan applicants meet the required lending criteria by examining their creditworthiness and thereafter recommending the approval of loans
  • Soliciting and increasing new and existing business by formulating marketing strategies to meet and increase agency and personal targets.

PRINCIPAL ACCOUNTABILITIES
  1. Promotion of LEND and its services to all existing and potential clients by providing support for Micro, Small and Medium Enterprises (MSMEs) in the form of business planning, business mentoring and monitoring.
  2. Applies due diligence in the loan assessment process through the conduct of interviews; analyzing, assessing and making recommendations for approval in accordance with LEND’s guidelines.
  3. Disbursement of loans and preparation of loan legal documents.
  4.  Monitoring of delinquency and consistent follow up with applicable clients.
  5. Ensures that all records are properly maintained and all services delivered promptly and efficiently in accordance with the systems and procedures outlined in the Operations Manual.
  6. The incumbent supports the implementation of approved LEND initiatives including but not limited to representing the Agency at events aimed at increasing the client portfolio. 
  7. The incumbent supports the Agency General Manager by reviewing completed credit applications, loan legal documentation, reviewing cheque preparation and identifying strategies for gap closure and self-development.
  8. The incumbent supports the Agency General Manager in preparing and submitting various monthly reports.  

DUTIES AND RESPONSIBILITIES
    1. Actively markets the agency’s products to existing and potential clients by soliciting referrals, conducting walkabouts in the designated catchment area etc.
    2. Meets with applicants to obtain required information for loan applications and answer questions about the process e.g. available loans, credit options and terms and conditions associated with possible options.
    3. Conducts due diligence checks and balances as per established guidelines including but not limited to verification that:
      1. loan applications are completed for purposes that are in adherence with LEND’s policies
      2. information on the loan application is consistent with other documentation on the client’s file.
    4. Completes loan applications in the presence of the applicant ensuring that all relevant documents are signed by him/her evidencing acceptance of the details therein.
    5. Actively assists in the management of delinquent accounts by contacting clients within 5 days of lapse, ensuring that payments are up to date before the next monthly payment becomes due.  
    6. Conducts field visits:
      1. for new loan enquires within 2 days of receipt of the application and
      2. to verify use of loan funds within 1 month of loan disbursement.
    7. Immediately or as soon as is reasonably practicably, addresses all queries raised by clients with the aim of achieving client satisfaction upon resolution of the issue.
    8. Immediately issues receipts to clients upon receipt of cash and deposits same as and when required.
    9. Reviews work product of lending officers including but not limited to credit applications to ensure adherence to established procedures as well as thorough and comprehensive assessment of credit worthiness and provides feedback on same.
    10. Assists with coaching and training staff for operational excellence, proper procedures, ‘doing it right the first time’, sales and credit building.
    11. Cooperates in ensuring that the workplace is safe for everyone and takes reasonable care to ensure that nothing is done to endanger self or others.
    12. Performs any other related duties as assigned by the Agency General Manager.
 
COMPETENCIES
  • Analytical/quantitative analysis skills (numeracy skills)
  • Strong interpersonal skills
  • Attention to detail
  • Strong communication skills – written and oral
  • Customer satisfaction orientation
  • Ability to work autonomously i.e. with minimal oversight/ supervision and management of own time
  • High proficiency in Microsoft Suite of application specifically WORD and EXCEL
 
KNOWLEDGE AND EXPERIENCE
  • A Diploma in either Business Management (ABE) Finance or Accounting from a recognized, accredited institution.
  • A minimum of five (5) O’level subjects including English Language and Mathematics and/or two (2) A’ Level or CAPE subjects.
  • Knowledge of basic accounting principles.
  • A minimum of five (5) years’ relevant working experience in the area of lending.
  • Experience in Business Development in a commercial credit environment will be an asset.
 
 

Loan for Enterprise and Network Development (LEND) Agency


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Overview


Loan for Enterprise and Network Development (LEND) Agency
col-narrow-left   

Job ID:

78367

Title:

SENIOR LENDING OFFICER (CEDROS)

Location:

La Brea or Point Fortin, South West

Category:

Accounting, Admin-Clerical, Banking, Customer Service

Salary:

col-narrow-right   

Employment Type:

Permanent Full Time

Posted:

11.18.2020


Tags


Banking-Mortgage Professionals : Loan Officer-Originator


Job Requirements


KNOWLEDGE AND EXPERIENCE
  • A Diploma in either Business Management (ABE) Finance or Accounting from a recognized, accredited institution.
  • A minimum of five (5) O’level subjects including English Language and Mathematics and/or two (2) A’ Level or CAPE subjects.
  • Knowledge of basic accounting principles.
  • A minimum of five (5) years’ relevant working experience in the area of lending.
  • Experience in Business Development in a commercial credit environment will be an asset.

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