Text copied to clipboard!
Title
Text copied to clipboard!Commercial Loan Manager
Description
Text copied to clipboard!
We are looking for a skilled and experienced Commercial Loan Manager to oversee and manage the loan operations of our financial institution. The person in this role will play a key role in the commercial loan process, risk assessment, loan approval, and client relationship management. They will analyze the financial status of borrowers to make informed lending decisions and monitor loan repayments.
To succeed in this role, the candidate must have in-depth knowledge of lending policies, financial analysis, and the banking sector. The candidate should be proficient in reviewing loan applications, preparing loan agreements, and implementing effective strategies to mitigate loan risks. Additionally, the candidate will need to coordinate with senior management and other departments.
As a Commercial Loan Manager, the candidate must possess strong customer service, analytical thinking, and problem-solving skills. They will be expected to build professional relationships with borrowers and assist them in successful loan repayment.
This position plays a vital role in banks, financial institutions, microfinance companies, and corporate lending departments. We are looking for a candidate who can help make our loan operations more efficient and profitable.
Responsibilities
Text copied to clipboard!- Review and analyze commercial loan applications
- Provide recommendations for loan approvals
- Prepare and execute loan agreements
- Assess and manage loan risks
- Monitor borrowers' financial status
- Oversee loan repayment and collection activities
- Maintain professional relationships with clients
- Ensure compliance with lending policies and regulations
- Report to senior management
- Assist in market analysis and loan product development
Requirements
Text copied to clipboard!- Bachelor’s degree in Business Administration or Finance
- Minimum 3 years of experience in commercial loan management
- Proficiency in loan analysis and risk assessment
- Knowledge of banking policies and regulations
- Excellent communication and negotiation skills
- Proficiency in MS Office and loan management software
- Analytical thinking and problem-solving skills
- Ability to work in a team environment
- Customer service orientation
- Strong time management skills
Potential interview questions
Text copied to clipboard!- What is your experience in commercial loan management?
- How do you assess loan risk?
- How do you analyze a borrower's financial status?
- What steps do you take when a loan is delinquent?
- How do you prepare loan agreements?
- How do you report to senior management?
- How do you maintain client relationships?
- What loan management software have you used?
- How do you contribute to loan product development?
- How do you prioritize and manage your time?
