Business Loan Officer

Job Description

The Business Loan Officer primary duties involve a mix of sales, credit analysis, and client relationship management, focused on providing financing solutions to businesses.

Key responsibilities

Building and maintaining strong relationships with clients.
Identifying and cultivating new business opportunities for loan origination.
Advising businesses on suitable loan products and financial solutions
Overseeing the end-to-end loan application process.
Conducting comprehensive financial assessments and due diligence of loan applicants.
Reviewing financial statements, business plans, and other relevant documents to evaluate creditworthiness and assess risk factors.
Performing credit analysis to determine the feasibility of lending.
Structuring and negotiating loan terms and conditions with clients.
Preparing and presenting comprehensive loan proposals or credit summaries for approval.
Ensuring all loan transactions comply with internal policies, legal requirements, and regulatory standards (e.g., MAS regulations).
Collaborating with internal teams (credit, legal, operations) for timely processing, approval, and disbursement.
Maintaining accurate records and documentation of loan applications and client interactions.
Staying informed about market trends, competitor products, and economic conditions.
Monitoring and managing existing loan portfolios.