Loan Officer

  • icon job experience 0 - 5 Years
  • icon job opening 20 Openings
  • icon salary 1.5-2.3 Lac/Yr
  • icon job location Chennai
  • Face-to-Face interview Face-to-Face interview
Key Skills

Good English Communication Tele Calling Tele Marketing Promotion Sales Additional Language

Job Description

Roles & Responsibilities:

Prospecting with suspect leads. A suspect is a person who has still not decided on taking a loan.

Converting a suspect to a prospect. This involves the following:

- Establishing contact with the prospect, this could involve several calls and may need a call at a time beyond office hours.

- This will also involve making calls at different times in order to achieve success.

- Need analysis

- Eligibility profiling

- Setting up an appointment

- Follow up with the prospect post every meeting with the sales officer until conclusion

Basis feedback from the prospect, seek interventions from the senior sales resource or by your own-self in satisfying customer needs with the objective of converting the prospect to a customer.

Responsible for conversion of suspects to prospects to customers.

Provide support to the sales team in increasing conversions by:

- Prompt calling to all suspects / prospects

- Timely follow up with all prospects

- Cordial relationships with the sales officer mapped, collaborating with the sales officer in providing feedback, seeking feedback from him on your performance

Responsible for complete knowledge of company products and policies as well as those of competition.

Responsible for quality of the conversation, which entails the following:

- Accuracy

- Product Knowledge

- Appraisal Skills

- Punctuality & TOS

- TAT commitments

Ability to handle objections.

Updating the software. One must capture their conversation with the customer effectively such that a third person is able to carry on the conversation with the customer where they left off.

Generating References: The quality of conversation and ability to connect with the customer is also reflected in the number of references that they generate.

Providing market feedback to the supervisor: It is important to share with ones supervisor any trends that one comes across whilst speaking to a prospect. Examples could be objections from prospects re
  • Experience

    0 - 5 Years

  • No. of Openings

    20

  • Education

    Any Bachelor Degree

  • Role

    Loan Officer

  • Industry Type

    Banking / Financial Services / Stock Broking

  • Gender

    [ Male / Female ]

  • Job Country

    India

  • Type of Job

    Full Time

  • Work Location Type

    Work from Office

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