Job Description
Company Overview:
Bloomberg, a renowned leader in the Banking & Finance industry, is a globally recognized financial services company dedicated to providing innovative solutions and exceptional service to its clients. With a strong commitment to excellence and a focus on driving financial success, Bloomberg offers a dynamic and rewarding work environment for talented professionals.
Key Responsibilities for Loan Officer:
- Evaluate loan applications and determine the creditworthiness of applicants
- Analyze financial information such as income, assets, debts, and credit history
- Develop loan repayment plans and negotiate terms with clients
- Ensure compliance with lending regulations and company policies
- Provide guidance and assistance to clients throughout the loan application process
- Collaborate with underwriters, loan processors, and other team members to expedite loan approval processes
- Maintain accurate records of loan applications and follow up with clients as needed
- Stay updated on market trends and lending products to offer the best financial solutions to clients
Required Qualifications:
- Bachelor's degree in Finance, Economics, Business Administration, or related field
- Proven experience as a Loan Officer or in a similar role within the banking or financial services industry
- Strong understanding of lending procedures, regulations, and underwriting criteria
- Excellent analytical skills and attention to detail
- Exceptional communication and interpersonal abilities
- Ability to work effectively in a fast-paced and customer-focused environment
- Proficiency in financial analysis software and MS Office suite
Desired Skills:
- Master's degree in Finance or related field
- Certification as a Mortgage Loan Originator (MLO)
- Experience with loan origination software
- Bilingual proficiency in languages commonly spoken in the local community
- Strong network of referral sources in the real estate and financial services industries
Compensation & Benefits:
The annual salary range for the Loan Officer position at Bloomberg in Minneapolis, Minnesota is competitive and commensurate with experience. In addition to the base salary, Bloomberg offers a comprehensive benefits package that includes health insurance, retirement plans, paid time off, professional development opportunities, and employee discounts on financial products and services.
How to Apply:
To apply for the Loan Officer position at Bloomberg, please visit our company website and submit your updated resume along with a cover letter outlining your qualifications and interest in the role. Only shortlisted candidates will be contacted for further evaluation. Thank you for considering a career with Bloomberg in the dynamic field of banking and finance.
Required Skills
- Investment strategies
- Risk management
- Portfolio optimization