Loan officers evaluate and authorize the approval of business, real estate, or credit loans. They are specialists in evaluating the financial status of a loan applicant. Duties include updating account records and reviewing loan files. They work for commercial banks, mortgage companies, or credit unions.

• Meet with loan applicants to identify their needs and collect information for loan applications.
• Analyze active loan files on a regular basis and recommend solutions to speed up the loan process.
• Complete loan contracts and teach clients on policies and regulations.
• Interview applicants to define financial eligibility and establish debt payment plans.
• Monitor and update account records.
• Submit loan applications in a timely manner.
• Prepare detailed loan proposals.
• Reject loan applications and explain deficiencies to applicants.
• Respond to applicants' questions and resolve any loan-related issues.
• Operate in compliance with laws and regulations.

• Bachelor’s degree in Accounting or Finance or a similar field.
• A minimum of 3 years’ experience as a loan officer.
• Computer software literacy 
• Solid understanding of local, state, and federal loan regulations.
• In-depth knowledge of computers and banking software.
• Outstanding interpersonal and communication skills.
• Customer service-oriented with exceptional sales skills.