Business Development Assistant for Loans

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.