A Lending Officer processes applications from customers wishing to borrow money. You’ll analyse the information in their application to determine if they are eligible for a loan from your organisation. This might involve collecting financial data such as credit scores or employment details and conducting risk assessments. You’ll make a decision on whether or not to approve their application and determine the amount they can borrow. A Lending Officer, or Loan Officer, may prepare loan documents and liaise with customers during the application process.
Lending Officers should have excellent customer service skills and be able to communicate with people from a range of backgrounds. You’ll need to be able to conduct detailed financial analysis and have a good understanding of lending systems and procedures. Lending Officers need to be organised and be able to work as part of a team.
There are 8 courses available for people who want to become a Lending Officer.