Loan Officer

Job Reference: 31226-Loan officer
Company: RecruitArab - recruiter
Industry: Construction
Job Title: Loan Officer - Construction Sector

Location: Sharjah, UAE
Closing Date: 2024-09-27
Email for Applications: apply@emiratesrecruiter.com

Job Summary:

We are seeking a motivated and detail-oriented Loan Officer to join our dynamic team in Sharjah, specializing in the construction sector. The ideal candidate will play a pivotal role in assessing loan applications, conducting thorough financial analyses, and providing exceptional customer service to clients in the construction industry. This position requires a strong understanding of financial products, construction financing, and the ability to build and maintain relationships with clients and construction professionals.

Key Responsibilities:

- Loan Application Assessment: Evaluate loan applications for construction projects, ensuring all necessary documentation is complete and accurate. Analyze creditworthiness and financial stability of applicants, including individuals and businesses within the construction sector.

- Client Consultation: Provide expert guidance to clients regarding loan options, terms, and conditions. Conduct thorough interviews to understand clients' financial needs and objectives, helping them select the most suitable financing solutions for their construction projects.

- Financial Analysis: Perform detailed financial analyses, including cash flow projections, debt-to-income ratios, and collateral evaluations. Assess the viability of construction projects and recommend appropriate financing amounts.

- Collaboration with Construction Professionals: Build strong relationships with architects, contractors, and other construction stakeholders to stay updated on industry trends and project developments. Collaborate effectively to facilitate the financing of construction projects.

- Loan Processing: Manage and oversee the loan processing pipeline, ensuring timely and accurate processing of applications. Coordinate with underwriters, appraisers, and other relevant parties to expedite the loan approval process.

- Compliance and Risk Management: Ensure compliance with regulatory requirements and internal policies throughout the loan process. Identify potential risks associated with loan applications and construction projects, implementing strategies to mitigate them.

- Customer Service: Provide exceptional customer service throughout the loan process, addressing client inquiries and concerns promptly. Maintain regular communication with clients to keep them informed of their application status.

- Market Research: Stay informed about market trends, interest rates, and changes in lending regulations that may impact the construction financing landscape. Utilize this knowledge to provide informed advice to clients.

Qualifications:

- Bachelor's degree in Finance, Business Administration, or a related field.
- A minimum of 3-7 years of experience in loan origination, preferably in the construction finance sector.
- Strong understanding of financial analysis, credit evaluation, and loan underwriting processes.
- Excellent analytical and problem-solving skills, with attention to detail.
- Exceptional communication and interpersonal skills to effectively interact with clients and industry professionals.
- Proficiency in financial software and Microsoft Office Suite.
- Knowledge of regulatory requirements and compliance standards in the lending industry.
- Ability to work independently and as part of a team in a fast-paced environment.

What We Offer:

- Competitive salary and performance-based incentives.
- Opportunities for professional growth and development.
- A supportive and collaborative work environment.
- Comprehensive benefits package.

If you are passionate about helping clients achieve their construction financing goals and meet the qualifications listed above, we encourage you to apply. Please submit your resume and a cover letter detailing your relevant experience to apply@emiratesrecruiter.com by 2024-09-27. We look forward to welcoming a new member to our team!


Please inculde this job reference [31226-Loan officer] in the email when you send your application.

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