Adithya IT Solutions Pvt Ltd Salem jobs for Business Loan Officer in Salem. Last Date to apply: 16 May 2025
Job Description
Job Overview
A Business Loan Officer is responsible for evaluating, approving, and managing loan applications for businesses. They assess the financial status of applicants, ensure compliance with lending policies, and help businesses secure financing solutions that align with their needs. This role requires strong financial analysis skills, customer service abilities, and knowledge of lending regulations.
Key Responsibilities
1. Loan Processing & Evaluation
Review business loan applications and assess financial statements.
Conduct credit checks and risk assessments for loan approvals.
Ensure compliance with bank policies and government regulations.
2. Customer Relationship Management
Guide business owners on loan options, terms, and repayment plans.
Maintain relationships with existing clients and seek new lending opportunities.
Assist clients in completing required documentation and application forms.
3. Risk Assessment & Decision Making
Analyze cash flow, credit history, and business viability.
Determine loan eligibility and recommend approvals or denials.
Work with underwriters to ensure smooth processing of loans.
4. Business Development & Sales
Identify potential clients through networking and referrals.
Promote loan products and financial services to business owners.
Develop marketing strategies to attract new customers.
5. Reporting & Compliance
Prepare loan reports, agreements, and financial summaries.
Ensure compliance with federal and state lending laws.
Monitor loan performance and follow up on late payments.
More information about this Business Loan Officer Job
Please go through the below FAQs to get all answers related to the given Business Loan Officer job
- What are the job requirements to apply for this Business Loan Officer job position?
- Ans: A candidate must have a minimum of fresher as an Business Loan Officer
- What is the qualification for this job?
- Ans: The candidate can be a Graduate from any of the following: B.Com, BA, BBA/BBM, BCA, BE/B.Tech, BSc
- What are the salary requirements for this job?
- Ans: The salary range is between 15000 and 20000 Monthly. The Salary will depend on the interview. This Business Loan Officer is a Full Time in Salem.
- What is the hiring Process of this job?
- Ans: The hiring process all depends on the company. Normally for an entry level, hiring the candidate has to go for Aptitude, GD (If they look for communication),Technical test and face to face interviews.
- This Business Loan Officer is a work from home job?
- Ans: No ,its not a Work from Home Job.
- How many job vacancies are opening for the Business Loan Officer position?
- Ans: There are immediate 1 job openings for Business Loan Officer in our Organisation.
Job Particulars
Role bfsi consulting
Who can apply Freshers
Hiring Process Walk - In, Face to Face Interview
Employment TypeFull Time
Job Id2638776
Job Category Bank , BSc/BCA/BBM , Finance
Locality Address
State Tamil Nadu
Country India
About Company
Adithya IT Solutions Pvt Ltd Salem
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