Loan Processing Officer

Loan Processing Officer

Full-Time 30000 - 42000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Review loan applications, assess affordability, and manage enquiries.
  • Company: Join a leading alternative lender in the dynamic fintech market.
  • Benefits: Enjoy a vibrant office environment in Central London with growth opportunities.
  • Why this job: Be part of a supportive team making a real impact in finance.
  • Qualifications: Bachelor's degree in Accounting & Finance; strong communication skills required.
  • Other info: This role is office-based, 5 days a week.

The predicted salary is between 30000 - 42000 £ per year.

Loan Processing Officer London – 5 days a week My client is a leading alternative lender in the fintech market. They are currently looking for a Graduate Loan Processing Officer to join their growing team in Central London. The main duties of the Loan Processing Officer are; Reviewing applications to ensure that all the relevant paperwork has been submitted. Checking loan-to-value and debt-to-income ratios. Completing detailed affordability assessments. Requesting credit checks on applicants. Issuing paperwork such as loan agreements and terms and conditions. Dealing with enquiries from applicants and lenders. Maintaining accurate records of all activity on each account. Working to deadlines for submission of paperwork. Qualifications Bachelor\’s degree in Accounting & Finance Strong communication and interpersonal skills Team player Focussed and goal-oriented This role is 5 days a week in the office. If you think this is you then please apply to the job advert or get in touch.41bf1e1f-b16b-4260-a40a-17c77a06fd15

Loan Processing Officer employer: Fintellect Recruitment

As a leading alternative lender in the fintech market, our company offers a dynamic work environment in the heart of Central London, where innovation meets opportunity. We pride ourselves on fostering a collaborative culture that encourages professional growth and development, providing employees with the tools and support they need to excel in their roles. With a focus on work-life balance and a commitment to employee well-being, we ensure that our team members feel valued and empowered to make a meaningful impact in the financial sector.
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Contact Detail:

Fintellect Recruitment Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Loan Processing Officer

✨Tip Number 1

Familiarise yourself with the fintech industry, especially alternative lending. Understanding the market trends and key players will help you engage in meaningful conversations during interviews.

✨Tip Number 2

Brush up on your knowledge of loan-to-value and debt-to-income ratios. Being able to discuss these concepts confidently will demonstrate your readiness for the role and impress potential employers.

✨Tip Number 3

Practice your communication skills, as they are crucial for this position. Role-play common scenarios you might encounter, such as dealing with enquiries from applicants, to build your confidence.

✨Tip Number 4

Network with professionals in the finance and lending sectors. Attend industry events or join relevant online forums to make connections that could lead to job opportunities at companies like us.

We think you need these skills to ace Loan Processing Officer

Attention to Detail
Analytical Skills
Financial Acumen
Understanding of Loan-to-Value and Debt-to-Income Ratios
Affordability Assessment
Credit Check Procedures
Documentation Management
Record Keeping
Time Management
Communication Skills
Interpersonal Skills
Problem-Solving Skills
Team Collaboration
Goal Orientation

Some tips for your application 🫡

Understand the Role: Familiarise yourself with the responsibilities of a Loan Processing Officer. Highlight your understanding of loan applications, affordability assessments, and the importance of accurate record-keeping in your application.

Tailor Your CV: Make sure your CV reflects relevant experience or skills related to finance, communication, and teamwork. Use specific examples that demonstrate your ability to work under deadlines and handle enquiries effectively.

Craft a Strong Cover Letter: Write a cover letter that showcases your passion for the fintech industry and your motivation for applying. Mention your degree in Accounting & Finance and how it equips you for this role, along with your interpersonal skills.

Proofread Your Application: Before submitting, carefully proofread your application materials. Check for any spelling or grammatical errors, and ensure that all information is clear and concise. A polished application reflects your attention to detail.

How to prepare for a job interview at Fintellect Recruitment

✨Know Your Numbers

As a Loan Processing Officer, you'll be dealing with financial figures regularly. Brush up on your understanding of loan-to-value and debt-to-income ratios, as well as affordability assessments. Being able to discuss these concepts confidently will impress your interviewers.

✨Showcase Your Communication Skills

Strong communication is key in this role. Prepare examples of how you've effectively communicated with clients or team members in the past. This could include resolving queries or explaining complex information clearly.

✨Demonstrate Team Spirit

This position requires a team player mentality. Be ready to share experiences where you collaborated successfully with others. Highlight how you contribute to a positive team environment and achieve common goals.

✨Prepare for Practical Scenarios

Expect to face practical questions or scenarios during your interview. Practice how you would handle reviewing applications or issuing paperwork. Showing that you can think on your feet and manage deadlines will set you apart.

Loan Processing Officer
Fintellect Recruitment
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