About Company
National Commercial Bank Jamaica Limited (NCB) is Jamaica’s largest financial group, offering a comprehensive suite of banking and financial solutions to individuals, small businesses, and corporations. With a rich history spanning over 180 years, NCB is deeply embedded in the Jamaican community, committed to fostering economic growth and empowering its customers through innovation, exceptional service, and responsible financial practices. We pride ourselves on a vibrant work culture that encourages professional development, teamwork, and a relentless pursuit of excellence.
Job Description
Are you an ambitious and seasoned financial professional with a proven track record in lending? National Commercial Bank (NCB), Jamaica’s leading financial institution, is seeking a highly motivated and experienced Loan Officer to join our dynamic team in Kingston, St. Andrew. This pivotal role offers a significant opportunity to leverage your expertise in credit assessment, relationship management, and sales to drive growth and deliver exceptional value to our diverse clientele.
At NCB, we believe in empowering our people to make a tangible difference in the lives of individuals and the success of businesses across Jamaica. As an Experienced Loan Officer, you will be instrumental in expanding our loan portfolio by proactively identifying, engaging, and developing strong relationships with potential and existing clients. You will be responsible for meticulously evaluating credit applications, conducting comprehensive financial analyses, and structuring tailored lending solutions that meet the unique needs of our customers while adhering strictly to the bank’s credit policies and regulatory guidelines. Your seasoned judgment will be critical in assessing complex financial statements, cash flow projections, and collateral valuations to make sound lending recommendations that balance customer needs with prudent risk management.
This is more than just a transactional lending role; it’s an opportunity to act as a trusted financial advisor, guiding clients through complex financial decisions and helping them achieve their personal and business aspirations. You will manage a robust portfolio of consumer and commercial loans, ensuring optimal performance, monitoring repayment schedules, and proactively identifying and mitigating potential risks. Your analytical prowess will be key in assessing market trends, competitive landscapes, and economic indicators to inform strategic lending decisions and advise clients on optimal financial strategies. Furthermore, you will play a crucial role in cross-selling other banking products and services, contributing to the holistic financial well-being of our clients and the overall profitability of the bank.
We are looking for someone who thrives in a target-driven environment, possesses exceptional communication, negotiation, and interpersonal skills, and demonstrates an unwavering commitment to customer service excellence. You will be expected to stay abreast of industry best practices, participate in ongoing professional development, and contribute to a collaborative team environment. Your ability to build rapport quickly, present complex financial information clearly, articulate value propositions effectively, and close deals efficiently will be paramount to your success. Beyond individual performance, we value your contribution to the team’s collective knowledge, potentially mentoring junior loan officers and contributing to the development of best practices within the department. Join NCB and become a vital part of a team dedicated to fostering economic growth and financial prosperity in Jamaica, helping shape the financial future of our communities one successful loan at a time.
Key Responsibilities
- Develop and maintain strong relationships with new and existing clients to identify lending opportunities.
- Conduct thorough credit analyses, including financial statement analysis, cash flow projections, and collateral valuation.
- Structure and negotiate loan terms and conditions in alignment with bank policies and client needs.
- Manage a portfolio of diverse loans, ensuring sound credit quality and proactive risk management.
- Achieve and exceed sales targets for loan growth and cross-selling of other banking products.
- Ensure strict compliance with all internal credit policies, banking regulations, and compliance standards.
- Prepare comprehensive credit proposals and present them to credit committees for approval.
- Provide expert financial advice and guidance to clients on various banking solutions.
- Monitor market trends and competitive landscape to identify new business opportunities.
- Mentor and provide guidance to junior loan officers or team members, as required.
Required Skills
- Minimum of 3 years of experience as a Loan Officer or similar role in the banking sector.
- Proven track record of achieving sales targets and building strong client relationships.
- Strong understanding of financial statements, credit analysis, and risk assessment.
- Excellent negotiation, communication (written and verbal), and presentation skills.
- Proficiency in Microsoft Office Suite, particularly Excel and PowerPoint.
- Solid knowledge of banking products, services, and regulatory requirements.
- Ability to work independently and collaboratively in a fast-paced, target-driven environment.
- Exceptional problem-solving and decision-making abilities.
Preferred Qualifications
- Bachelor's degree in Business Administration, Finance, Economics, or a related field.
- Relevant professional certifications (e.g., in Credit Management or Financial Planning).
- Established network of clients or contacts within the Jamaican business community.
- Experience with CRM software and lending platforms.
- Post-graduate qualification (e.g., MBA).
Perks & Benefits
- Competitive salary and performance-based bonus structure.
- Comprehensive health, dental, and life insurance benefits.
- Robust pension plan.
- Opportunities for continuous learning and professional development.
- Employee banking benefits and discounts.
- A vibrant and supportive work environment.
- Career growth opportunities within Jamaica's leading financial institution.
How to Apply
Interested and qualified candidates are invited to apply directly through NCB’s official careers portal. Please click on the application link below, navigate to the careers section, and submit your detailed resume along with a cover letter outlining your relevant experience and why you are the ideal candidate for this role. We encourage you to highlight your achievements in loan portfolio management and client relationship building.