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TASK
Loan Officers
ID
work_business_financial/loan_officers
Type
TASK
Children
30
Child Nodes (30)
ATOMIC
Meet with applicants to obtain information for loan applications and to answer questions about the process.
ATOMIC
Analyze applicants' financial status, credit, and property evaluations to determine feasibility of granting loans.
ATOMIC
Approve loans within specified limits, and refer loan applications outside those limits to management for approval.
ATOMIC
Explain to customers the different types of loans and credit options that are available, as well as the terms of those services.
ATOMIC
Submit applications to credit analysts for verification and recommendation.
ATOMIC
Review loan agreements to ensure that they are complete and accurate according to policy.
ATOMIC
Review and update credit and loan files.
ATOMIC
Obtain and compile copies of loan applicants' credit histories, corporate financial statements, and other financial information.
ATOMIC
Work with clients to identify their financial goals and to find ways of reaching those goals.
ATOMIC
Handle customer complaints and take appropriate action to resolve them.
ATOMIC
Stay abreast of new types of loans and other financial services and products to better meet customers' needs.
ATOMIC
Market bank products to individuals and firms, promoting bank services that may meet customers' needs.
ATOMIC
Analyze potential loan markets and develop referral networks to locate prospects for loans.
ATOMIC
Compute payment schedules.
ATOMIC
Supervise loan personnel.
ATOMIC
Prepare reports to send to customers whose accounts are delinquent, and forward irreconcilable accounts for collector action.
ATOMIC
Set credit policies, credit lines, procedures and standards in conjunction with senior managers.
ATOMIC
Assist in selection of financial award candidates using electronic databases to certify loan eligibility.
ATOMIC
Authorize or sign mail collection letters.
ATOMIC
Calculate amount of debt and funds available to plan methods of payoff and to estimate time for debt liquidation.
ATOMIC
Confer with underwriters to resolve mortgage application problems.
ATOMIC
Contact applicants or creditors to resolve questions about applications or to assist with completion of paperwork.
ATOMIC
Contact borrowers with delinquent accounts to obtain payment in full or to negotiate repayment plans.
ATOMIC
Counsel clients on personal and family financial problems, such as excessive spending or borrowing of funds.
ATOMIC
Establish payment priorities according to credit terms and interest rates to reduce clients' overall costs.
ATOMIC
Inform individuals and groups about the financial assistance available to college or university students.
ATOMIC
Maintain and review account records, updating and recategorizing them according to status changes.
ATOMIC
Match individuals' needs and eligibility with available financial aid programs to provide informed recommendations.
ATOMIC
Review accounts to determine write-offs for collection agencies.
ATOMIC