At a Glance
- Tasks: Assess loan applications, disburse loans, and manage repayments while assisting with admin tasks.
- Company: Join a dynamic financial institution focused on empowering borrowers and fostering growth.
- Benefits: Enjoy competitive pay, flexible working hours, and opportunities for professional development.
- Why this job: Make a real impact in people's lives while developing your skills in a supportive environment.
- Qualifications: 3 years of experience preferred; Money Lender Test certification is a plus.
- Other info: Strong analytical skills and excellent communication are essential for success in this role.
The predicted salary is between 36000 - 60000 £ per year.
Job Scope
- Assess loan applications and disburse loans to borrowers.
- Prepare loan agreements and explain the terms and conditions of the loans to the borrowers.
- Follow up with loan repayments.
- Assist with office administration tasks.
- Assist with any debt recovery calls and coordination if necessary.
Requirement
- 3 years of experience in a similar role is preferred.
- Candidates who have passed the Money Lender Test are preferred.
- Thorough understanding of lending regulations, underwriting guidelines, and quality control best practices.
- Strong analytical and problem-solving skills to identify and resolve issues in our lending operations.
- Excellent communication and interpersonal skills to handle debtors' queries.
Loan Relationship Officer employer: PLATINUM CREDIT PTE. LTD.
Contact Detail:
PLATINUM CREDIT PTE. LTD. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Loan Relationship Officer
✨Tip Number 1
Network with professionals in the lending industry. Attend local finance or banking events to meet potential colleagues and learn more about the role of a Loan Relationship Officer.
✨Tip Number 2
Familiarise yourself with the latest lending regulations and underwriting guidelines. This knowledge will not only boost your confidence but also demonstrate your commitment to the role during interviews.
✨Tip Number 3
Practice your communication skills, especially in handling difficult conversations. Role-playing scenarios with friends can help you prepare for addressing debtor queries effectively.
✨Tip Number 4
Research StudySmarter's values and mission. Understanding our company culture will help you align your answers during interviews and show that you're a great fit for our team.
We think you need these skills to ace Loan Relationship Officer
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience as a Loan Relationship Officer. Emphasise your understanding of lending regulations, underwriting guidelines, and any specific achievements in previous roles.
Craft a Compelling Cover Letter: Write a cover letter that addresses the key responsibilities mentioned in the job description. Explain how your skills and experience make you a perfect fit for assessing loan applications and managing borrower relationships.
Showcase Analytical Skills: In your application, provide examples of how you've used your analytical and problem-solving skills in past roles. This could include specific situations where you identified issues and implemented solutions in lending operations.
Highlight Communication Skills: Since excellent communication is crucial for this role, mention any experiences where you've successfully handled debtor queries or facilitated discussions about loan terms. This will demonstrate your interpersonal skills effectively.
How to prepare for a job interview at PLATINUM CREDIT PTE. LTD.
✨Know Your Lending Regulations
Make sure you have a solid understanding of lending regulations and underwriting guidelines. Brush up on the latest changes in the industry, as this knowledge will demonstrate your expertise and commitment to compliance during the interview.
✨Showcase Your Analytical Skills
Prepare examples from your past experience where you've successfully identified and resolved issues in lending operations. Highlighting your problem-solving skills will show that you're capable of handling the challenges that come with the role.
✨Communicate Clearly
Since excellent communication is key for a Loan Relationship Officer, practice explaining complex loan terms in simple language. This will help you convey your ability to assist borrowers effectively and handle their queries with ease.
✨Prepare for Scenario Questions
Anticipate scenario-based questions related to loan disbursement and debt recovery. Think through how you would approach these situations, as it will showcase your practical knowledge and readiness for the role.