According to people in this career, the main tasks are...
| Task | Importance |
|---|---|
| Meet with applicants to obtain information for loan applications and to answer questions about the process. | 92% |
| Analyze applicants' financial status, credit, and property evaluations to determine feasibility of granting loans. | 91% |
| Approve loans within specified limits, and refer loan applications outside those limits to management for approval. | 88% |
| Explain to customers the different types of loans and credit options that are available, as well as the terms of those services. | 86% |
| Submit applications to credit analysts for verification and recommendation. | 83% |
| Review loan agreements to ensure that they are complete and accurate according to policy. | 82% |
| Obtain and compile copies of loan applicants' credit histories, corporate financial statements, and other financial information. | 82% |
| Review and update credit and loan files. | 82% |
| Work with clients to identify their financial goals and to find ways of reaching those goals. | 79% |
| Handle customer complaints and take appropriate action to resolve them. | 79% |
| Supervise loan personnel. | 78% |
| Stay abreast of new types of loans and other financial services and products to better meet customers' needs. | 77% |
| Market bank products to individuals and firms, promoting bank services that may meet customers' needs. | 75% |
| Analyze potential loan markets and develop referral networks to locate prospects for loans. | 75% |
| Compute payment schedules. | 71% |
| Prepare reports to send to customers whose accounts are delinquent, and forward irreconcilable accounts for collector action. | 67% |
| Set credit policies, credit lines, procedures and standards in conjunction with senior managers. | 61% |
