Job Description

Minimum requirements for the role:

• Must have a tertiary qualification in Accounting or Business related
• Minimum 5 years work experience in loan origination/administration will be required
• Familiarity with loan administration, accounting and banking applications/software is preferred
• Must have financial/accounting skills with the ability to understand and interpret financial statements, historical trends, budgets, projections, management performance, industry and cash flow information.
• Strong data analyses, excel (pivots, lookups) and administrative skills are important
• Must have a solid understanding of lending products and practices
• Excellent written and verbal communication and interpersonal skills are essential
• Must be fast-paced and deadline driven (sense of urgency) at all times with good planning, organisational and time management skills

The successful candidate will be responsible for:

• Reviewing and evaluating loan applications and documentation for completeness.
• Preparing, reviewing, and analysing the creditworthiness of all business loan originations and refinances by completing a credit scorecard.
• Reviewing the financial status of the client by interpreting financial statements and SARS documentation.
• Requesting additional information and following 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.
• Determining 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.
• Contributing to the achievement of monthly business targets.
• Conducting post-close due diligence to ensure the loan is documented as approved and is in compliance with business/credit rules, relevant regulations, and internal policies and guidelines.
• Obtaining and filing copies of loan applicants' credit history, corporate financial statements, and other financial information.

Please note that subsequent to the screening and shortlisting process, all further communication will be entered into, only with the shortlisted candidates

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