Job Description and Requirement for Credit / Loan Officer

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Job responsibility and requirements are important for credit / loan officers, so they should know what they will do or HR Department will state in employment contract . Below are job descriptions and requirements for credit officers.

Job Description for Credit Officer 

• Develop and generate sales opportunities with both new and existing customers
•  Build and maintain relationship with new and existing customers
• Promote the Bank’s products and services among target customers
• Meet and collect information from customers for loan applications
•  Appraisal of customer loan applications and make recommendations.
• Active participation in Credit Committee.
•  Verify that securities are provided and forwarded for perfection.
• Manage portfolio under him/her to ensure good performance.
• Ensure all applicants are advised on fate of applications within reasonable time.
•  Work with new and existing customers to understand their businesses and determine options to support them
•  Perform credit analysis in accordance with the Bank’s Policies and guidelines
• Prepare and execute loan contract and other related legal documents
• Handle customer complaints and take appropriate action to resolve them
• Monitor and follow up to ensure timely repayment
• Operate in accordance with the Bank’s guidelines and policies, and in compliance with laws and regulations
• Proactively manage risk/exposure for assigned portfolio continuously.
•  Ensure recovery of items pledged as security on delinquent loans.
•  Assist in the restructuring of debts in the interest of the Corporation and customer.
• Assist in the grading and classification of loan accounts.
• Manage Customer and stakeholder relations in accordance with agreed Service Level Agreements.
•  Work closely with other team members within the Bank
• Attend the Bank’s training program and continue self-development
• Other duties as assigned by the Bank and manager.

Job Requirement for Credit Officer 

• Bachelor in Finance, Banking or related fields
• Proven previous work experience as credit officer
• Sound understanding of lending products and process
• Abilities to read and analyze financial information and reporting
• Strong desire to work in a team and deal with challenges
• Ability to speak and write in English would be an asset,
• Work usually performed outside the office and sometime travel to the province.
• Report writing skills, Excellent skills in analysis of Financials, communication, interpersonal, organizational and negotiation skills
•  Be able to use Ms. Officer (Words, Excel, etc.)
• Good communication, problem solving, negotiation, relationship building and interpersonal skills
•  Cambodian national only and able to read and write Khmer
• Good organizational and time management skills