Welcome Bank - Rural Bank
Role Overview The Loan Processor is responsible for managing the loan application process from initiation to closing, ensuring compliance with bank policies, lending guidelines, and applicable BSP circulars. The role supports efficient loan operations by gathering, verifying, and organizing borrower information, ensuring all documentation is accurate and ready for review while providing excellent service to clients throughout the process. Key Responsibilities Review, verify, and process loan applications, ensuring all submitted documentation is complete and meets the bank's standard operating procedures. Conduct preliminary verifications of borrower information, including employment history, income, and credit reports. Prepare, organize, and maintain loan files to ensure a smooth handover to support loan processing activities Communicate with clients to request missing information, clarify documentation details, and provide updates on their loan application status. Facilitate and coordinate loan disbursement transactions following approved guidelines and requirements. Maintain accurate records, secure confidential borrower data, and ensure proper filing of all loan-related documents. Perform additional duties as assigned by the Branch Head or Department Head. Qualifications and Skills Bachelor’s degree in Business, Finance, Accounting, or any related four-year course. At least one (1) year of experience in loan processing, or a related role; At least one (1) year of experience in banking or financial services experience is a strong advantage. Strong attention to detail, accuracy, and basic analytical skills. High level of responsibility, integrity, and commitment to handling sensitive financial data. Ability to follow strict lending procedures and comply with regulatory requirements. Good communication and organizational skills to manage multiple applications efficiently. Can report to work immediately.
Welcome Bank - Rural Bank
