What does a loan officer do?

Loan officers are mainly responsible for investigating the strength and potential of loan companies and individuals and providing them with policy suggestions on loans. They need to have excellent judgment and keen observation, good listening, affinity and communication skills.

Specific job responsibilities:

1. Announce the types, term, interest rate and conditions of operating loans and provide consulting services;

2. Guide to fill in the loan application form and help to handle the loan application and other businesses;

3. Assist relevant personnel and departments to evaluate the borrower's credit rating;

4. Investigate the borrower's legality and other factors, verify the collateral, pledge and guarantor, and determine the loan risk;

5. Reply to the loan application, sign a loan, guarantee contract or go through notarization procedures;

6. Issuing loans, tracking, investigating and checking the borrower's contract execution and operation;

7. Send a notice of repayment of principal and interest, and urge the borrower to repay the loan; Send a collection notice to collect overdue loan principal and interest;

8. Collect relevant information and assist relevant departments to prosecute borrowers who fail to repay principal and interest;

9, establish and improve the loan quality preservation system, classification, registration, evaluation, collection of non-performing loans, timely write off non-performing loans;

10. Assist in the acceptance, discount and rediscount of commercial bills.