Job Description
Overview
Business Development Assistant for Loans is a specialist in evaluating the financial status of a loan applicant. Duties include updating account records and reviewing loan files.
Responsibilities
- 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.
- Respond to applicant’s questions and resolve any loan-related issues.
- Operate in compliance with laws and regulations.