Job Description

BUSINESS FUNDING ANALYST VACANCY

To originate prospective new business loan applications (analysing, review, and evaluation) and to provide customer service throughout the loan origination journey.

1. Responsibilities

Loan origination:

Review and evaluates loan applications and documentation for completeness.

Preparing, reviewing, and analysing the creditworthiness of all business loan

originations by completing a credit scorecard.

Review of the financial status of the client by interpreting financial statements

and SARS documentation.

Request additional information and follow up outstanding applications.

Engaging with clients (telephonically and written) throughout the loan

origination journey.

Creating loan quotes and proposals in conjunction with the credit and legal

team.

Determine loan pricing, repayment mechanisms and terms (in consultation with

credit team).

Providing professional customer service, through quick turn-around time and

effective communication, whilst adhering to the lending guidelines and

practices.

Contribute to the achievement of monthly business targets.

Administrative duties:

xe2x80x9cPipeline managementxe2x80x9d from origination through to close.

Post-close due diligence to ensure the loan is documented as approved and is

in compliant with business/credit rules, relevant regulations, and internal

policies and guidelines.

Follow up on any non-payment.

Deal with new payment plans or refinancing requests.

Deal with early settlement queries.

Obtain and file copies of loan applicants' credit history, corporate financial

statements, and other financial information.

Constantly reviewing and improving the origination and lending process in

order maintain highest level of efficiency, and ability to allocate more time to origination and business development.

Compliance:

• Operate in compliance with laws and regulations and adhere to lending compliance guidelines.

2. Role Requirements

Minimum Formal Qualifications and Training:

• NQF Level 7
• Degree in accounting or business studies or similar.

Minimum Work Experience:

5 years of work experience in loan origination/administration

Familiarity with loan administration, accounting and banking applications/software is preferred. * Financial/accounting skills with the ability to understand and interpret financial statements, historical trends, budgets, projections, management performance, industry, and cash flow information.

Technical/Business Competence:

Strong sales skills are essential to grow the debtorxe2x80x99s book with new business.

Deadline driven - Driven to close a deal as soon as possible to ensure

disbursement.

Strong negotiation skills

Customer satisfaction orientation and sales competencies

Analytical skills (data analyses)

Excellent excel skills (pivots, lookups).

Strong administrative skills.

Solid understanding of lending products and practices

Strong project management xe2x80x93 planning, organisational & time management

Excellent written and verbal communication and interpersonal skills

Extremely well organized with the ability to effectively multi-task and calmly

handle diverse workloads while maintaining a positive customer-focused

attitude.

Problem solving

Ability to work in a goal-oriented environment.

Resourceful and the ability to take initiative.

Ability to work in a team and support sub-teams

Silk Road Consulting (Pty) Ltd