About Company
Career.zycto is actively shaping the future of financial empowerment by connecting talent with opportunity. We are dedicated to building a team of proactive professionals who thrive in a dynamic environment focused on client success and responsible lending. For a Loan Officer, Career.zycto offers a unique platform to leverage your credit evaluation expertise, making a tangible impact on individuals’ and businesses’ financial journeys. We foster a collaborative culture where continuous learning and professional growth are paramount, ensuring you have the tools and support to excel in your role and advance your career within the financial sector.
Job Description
Are you a meticulous financial professional with a passion for empowering individuals and businesses through responsible lending? Career.zycto is seeking a dedicated and experienced Loan Officer specializing in Credit Evaluation & Disbursement to join our vibrant team in Sparkhill, Birmingham. This pivotal role is perfect for someone who excels at assessing financial viability, managing risk, and guiding clients through the lending process with clarity and empathy.
As a Loan Officer, you will be at the forefront of our operations, playing a crucial role in analyzing loan applications, performing comprehensive credit evaluations, and ensuring timely and accurate loan disbursements. Your expertise will directly impact our clients’ ability to achieve their financial goals, whether it’s securing a mortgage, funding a business expansion, or consolidating debt. You will be responsible for meticulously examining financial statements, credit histories, and other relevant data to make informed lending decisions that align with our risk appetite and regulatory requirements. Beyond the numbers, you will build strong relationships with applicants, clearly communicating terms, conditions, and the rationale behind credit decisions.
We pride ourselves on a transparent, ethical, and client-centric approach. Your ability to combine analytical rigor with exceptional interpersonal skills will be key to your success and our continued growth. You will work within a supportive team environment, benefiting from continuous professional development opportunities and contributing to a culture where every team member’s input is valued. If you are driven by a desire to facilitate financial well-being, committed to upholding the highest standards of integrity, and ready to take on a challenging yet rewarding role, we invite you to apply.
This role offers a fantastic opportunity to deepen your expertise in credit evaluation, enhance your client relationship management skills, and contribute significantly to a forward-thinking organization. Join Career.zycto and become an integral part of a team dedicated to making a real difference in the financial landscape of Sparkhill and beyond.
Key Responsibilities
- Conduct thorough credit analysis and evaluate loan applications, including personal, business, and mortgage loans, to determine applicants' creditworthiness.
- Assess financial statements, income verification, credit reports, and other relevant documentation to identify potential risks and mitigate them effectively.
- Prepare comprehensive loan proposals and recommendations for approval or denial, ensuring adherence to internal policies, lending guidelines, and regulatory requirements.
- Interview applicants to gather additional information, clarify financial details, and explain loan products, terms, and conditions clearly and professionally.
- Manage the entire loan disbursement process, ensuring accuracy, timeliness, and compliance with all legal and procedural requirements.
- Maintain a portfolio of existing clients, monitoring loan performance and identifying potential issues or opportunities for cross-selling.
- Ensure strict compliance with all relevant financial regulations, including FCA guidelines, money laundering regulations, and data protection laws.
- Collaborate with internal teams, including underwriters, legal, and operations, to streamline processes and resolve complex cases.
- Stay updated on industry trends, economic conditions, and regulatory changes affecting the lending landscape.
Required Skills
- Proven experience as a Loan Officer or in a similar credit evaluation role (minimum 3 years).
- Strong analytical skills with the ability to interpret complex financial data and make sound lending decisions.
- Excellent knowledge of credit risk assessment principles and loan underwriting processes.
- Familiarity with financial regulations and compliance standards in the UK lending market.
- Proficiency in financial software and Microsoft Office Suite, especially Excel.
- Exceptional communication and interpersonal skills, capable of building rapport with clients and explaining complex information clearly.
- High level of integrity, attention to detail, and ethical conduct.
- Ability to work independently and manage a diverse caseload efficiently.
Preferred Qualifications
- Bachelor's degree in Finance, Economics, Business Administration, or a related field.
- Relevant professional certifications (e.g., CeMAP, CeRER) are highly advantageous.
- Experience with specific loan management software or CRM systems.
- Local market knowledge of Sparkhill, Birmingham, and surrounding areas.
Perks & Benefits
- Competitive salary package with performance-based bonuses.
- Generous pension contribution scheme.
- Comprehensive health and wellness programs.
- 25 days annual leave plus bank holidays.
- Opportunities for continuous professional development and career advancement.
- Supportive and collaborative work environment.
- Modern office facilities in a convenient Sparkhill location.
How to Apply
Ready to make a significant impact? We encourage you to click the application link below to submit your detailed CV and a cover letter outlining your experience in credit evaluation and loan disbursement. Tell us why you are the ideal candidate to join our growing team and contribute to our mission of responsible financial empowerment. We look forward to reviewing your application!
