Loan Analyst at Crayon

Role Description

You will work hands-on within a start-up-company in a close-knit team to originate prospective business loan applications and to provide customer service throughout the loan origination journey.

As a loan originator you will be responsible for:

• Loan origination: analysing, reviewing and evaluation of loan applications, formulate quotes
• Customer service/interaction throughout the loan value chain
• Administrative duties: follow up late payments, post deal due diligence, post deal admin
• Compliance

The role requires you to be energetic, hard-working and possess strong relationship building/sales development skills. You will also communicate financial concepts in simplistic terminology, and use analytical skills, good time management, planning and organisation with efficient admin skills to complete tasks.

Salary

• Market related and dependent on experience

Responsibilities

Loan origination

• Responsible for loan pre-qualification screening
• Review and evaluate loan applications and documentation for completeness
• Preparing, reviewing and analysing the creditworthiness of all business loan originations and renewals by completing a credit scorecard
• Request additional information and follow up on 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 lending guidelines and best practices

Administrative duties

• Pipeline management from origination through to close
• 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
• Follow up on any non-payments
• 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 review and improve 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

Requirements

• Accounting or business qualification preferred (will consider comparable experience)
• 5 years of work experience in loan origination/administration
• Familiarity with loan administration, accounting and banking applications/software
• Financial/accounting skills with the ability to understand and interpret financial statements, historical trends, budgets, projections, management performance, industry and cash flow information
• Strong analytical skills (data analyses)
• Excellent Excel skills (pivots, lookups)
• Strong administrative skills
• Solid understanding of lending products and practices
• Negotiation skills
• Strong project management – planning, organisational and 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
• Deadline driven (sense of urgency) at all times
• Problem solving skills
• Customer satisfaction orientation and sales competencies
• 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