Logo
Login  or  Register
Arm-Chair

Loan Officer

Banking & Finance

  • Average Salary

    RM2800 - RM 4500

  • Career Trends

    -

  • Compability

What is Loan Officer?

Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and payment methods. Includes mortgage loan officers and agents, collection analysts, loan servicing officers, and loan underwriters.

Minimum education level

 

PT3

SPM

STPM

Diploma

Degree

Average Salary

RM2800 - RM 4500

Example of a Job Position

Branch Manager
Business Banking Officer
Commercial Banker
Commercial Loan Officer
Corporate Banking Officer
Loan Officer
Mortgage Loan Officer
Mortgage Loan Originator
Portfolio Manager
Relationship Manager

Task

? Analyze applicants' financial status, credit, and property evaluations to determine feasibility of granting loans ? Obtain and compile copies of loan applicants' credit histories, corporate financial statements, and other financial information ? Meet with applicants to obtain information for loan applications and to answer questions about the process ? Explain to customers the different types of loans and credit options that are available, as well as the terms of those services ? Review loan agreements to ensure that they are complete and accurate according to policy

Knowledge

Administrative

Knowledge of administrative procedures and systems, such as managing words, managing documents and records, stenography and transcription, designing forms, and other office procedures and terminology.

Mathematics

Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.

Customer and Personal Services

Knowledge of principles and processes to provide services for customers and personal. This includes assessing customer needs, meeting service quality standards, and evaluating customer satisfaction.

Computers and Electronics

Knowledge of circuit boards, processors, chips, electronic equipment, computer hardware and software, including applications and programming.

English

Knowledge of the structure and content of English, including the meaning and spelling of each word, composition rules, and grammar.

Economics and Accounting

Knowledge of economic and accounting principles and practices, financial markets, banking, and financial data analysis and reports.

Sales and Marketing

Knowledge of the principles and methods to show, promote, and sell products or services. Includes marketing strategies and tactics, product demonstrations, sales techniques, and sales control systems.

Skills

Talking

Talk to others to convey information effectively

Critical Thinking

Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to the problems handled

Consideration and Decision Making

Consider the shortcomings and advantages of potential action choices to choose the most appropriate action.

Reading Understanding

Understand sentences and paragraphs written in work documents.

Capability

  • 1

    Oral Comprehension - The ability to listen to and understand information and ideas presented through spoken words and sentences

  • 2

    Speech Clarity - The ability to speak clearly so others can understand you. See more occupations related to this ability

Related Courses/Majors