Northern Suburbs. Market related salary. WFH 2 days per week.

Purpose

To originate prospective new business loan applications (analysing, review, and evaluation) and to provide customer service throughout the loan origination journey.

Responsibilities:

Loan Origination

• Review and evaluates loan applications and documentation for completeness.
• Preparing, reviewing, and analysing the creditworthiness of all business loan originations by completing a credit scorecard.
• Review of the financial status of the client by interpreting financial statements and SARS documentation.
• Request additional information and follow up outstanding applications.
• Engaging with clients (telephonically and written) throughout the loan origination journey.
• Creating loan quotes and proposals in conjunction with the credit and legal team.
• Determine loan pricing, repayment mechanisms and terms (in consultation with credit team).
• Providing professional customer service, through quick turn-around time and effective communication, whilst adhering to the lending guidelines and practices.
• Contribute to the achievement of monthly business targets.

Administrative Duties

• “Pipeline management” from origination through to close.
• Post-close due diligence to ensure the loan is documented as approved and is in compliant with business/credit rules, relevant regulations, and internal policies and guidelines.
• Follow up on any non-payment.
• Deal with new payment plans or refinancing requests.
• Deal with early settlement queries.
• Obtain and file copies of loan applicants’ credit history, corporate financial statements, and other financial information
• Constantly reviewing and improving the origination and lending process in order to maintain highest level of efficiency, and ability to allocate more time to origination and business development.

Compliance

• Operate in compliance with laws and regulations and adhere to lending compliance guidelines.

Role Requirements:

Minimal Formal Qualifications

• NQF 7 or Degree in accounting or business studies or similar.

Minimum Work Experience

• 5 years of work experience in loan origination/administration
• Familiarity with loan administration, accounting and banking applications/software is preferred.
• Financial/accounting skills with the ability to understand and interpret financial statements, historical trends, budgets, projections, management performance, industry, and cash flow information.

Technical/Business Competence

• Strong sales skills are essential to grow the debtor’s book with new business.
• Deadline driven – Driven to close a deal as soon as possible to ensure disbursement.
• Strong negotiation skills
• Customer satisfaction orientation and sales competencies
• Analytical skills (data analyses)
• Excellent excel skills (pivots, lookups).
• Strong administrative skills.
• Solid understanding of lending products and practices
• Strong project management – planning, organisational & time management
• Excellent written and verbal communication and interpersonal skills
• Extremely well organized with the ability to effectively multi-task and calmly handle diverse workloads while maintaining a positive customer-focused attitude.
• Problem solving
• Ability to work in a goal-oriented environment.
• Resourceful and the ability to take initiative.
• Ability to work in a team and support sub-teams

Behavioural Competence

• Achieving Personal Work Goals and Objectives
• Analysing
• Delivering Results and Meeting Customer Expectations
• Following Instructions and Procedures
• Persuading and Influencing
• Working with People

 

Please submit your CV with photo and kindly let me know what you are /were earning please?