About Company
Unlock your potential at Hiring.zycto, a forward-thinking financial institution dedicated to fostering economic growth within the Aberdeen community. We empower our team members to make a tangible difference, connecting individuals and businesses with the crucial funding they need to prosper. For a Loan Officer, this means an environment where meticulous analysis meets genuine client impact, supported by a collaborative team and pathways for professional advancement. Join us and contribute to a legacy of responsible lending and community development, where your skills are valued and your career trajectory is limitless.
Job Description
The Loan Officer – Credit Evaluation & Disbursement at Hiring.zycto is a pivotal role, central to our mission of providing accessible and responsible financial solutions to our clients in Kincorth, Aberdeen. This position demands a keen eye for detail, exceptional analytical prowess, and a genuine commitment to client success. You will be instrumental in guiding applicants through the entire loan process, from initial inquiry to final disbursement, ensuring both client needs and company risk parameters are met with precision and integrity.
Your primary responsibilities will include conducting thorough credit assessments, evaluating financial statements, credit histories, and business plans to determine the viability and risk profile of loan applications. This isn’t just about numbers; it’s about understanding the unique stories and potential behind each application. You’ll engage directly with clients, providing clear, transparent communication, explaining loan terms, and offering expert advice tailored to their specific circumstances. Building strong, trusting relationships is paramount, as you will be the face of Hiring.zycto for many of our valued customers, fostering trust and ensuring their journey with us is smooth and supportive.
Beyond evaluation, you will manage the disbursement process, ensuring all documentation is accurate, complete, and compliant with regulatory standards and internal policies. Your expertise will also extend to identifying and mitigating potential risks associated with loan applications, meticulously adhering to all internal lending guidelines and external financial regulations. You will collaborate closely with our legal and compliance teams to ensure seamless operations and uphold the highest standards of ethical conduct. Post-disbursement, you’ll play a crucial role in monitoring loan performance, identifying potential issues early, and working proactively with clients to find solutions, thereby safeguarding our portfolio and supporting their continued success. This multifaceted role offers a unique opportunity to blend analytical rigor with interpersonal skill, contributing directly to the financial well-being of our community and the strategic growth of Hiring.zycto. We are looking for a dedicated professional who thrives in a dynamic environment, is passionate about responsible finance, and possesses an unwavering ethical compass, eager to contribute to our reputation as a trusted financial partner.
Key Responsibilities
- Conduct comprehensive credit analysis on loan applications, assessing financial health and repayment capacity.
- Interview loan applicants to gather financial and personal information, clarifying application details.
- Evaluate risk factors and make informed recommendations on loan approvals, denials, or modifications.
- Prepare loan proposals, detailing terms, conditions, and repayment schedules.
- Ensure all loan documentation is accurate, complete, and compliant with regulatory and internal policies.
- Oversee the efficient and timely disbursement of approved funds.
- Build and maintain strong client relationships, providing excellent customer service and financial guidance.
- Monitor existing loan portfolios for performance and identify potential delinquencies or issues.
- Stay updated with market trends, lending regulations, and best practices in credit evaluation.
- Collaborate with internal teams (e.g., legal, compliance, collections) to ensure smooth operations.
Required Skills
- Proven experience in credit analysis and loan underwriting.
- Strong understanding of financial statements, credit reports, and collateral valuation.
- Excellent analytical and problem-solving abilities.
- Exceptional communication and interpersonal skills.
- Proficiency in financial software and Microsoft Office Suite (especially Excel).
- Knowledge of local and national lending regulations and compliance requirements.
- High degree of integrity and ethical conduct.
Preferred Qualifications
- Bachelor's degree in Finance, Economics, Business Administration, or a related field.
- Relevant certifications (e.g., CeMAP, Certificate in Commercial Lending).
- Experience with a diverse portfolio of loan products (e.g., personal, business, mortgage).
- Familiarity with the Aberdeen financial market.
Perks & Benefits
- Competitive salary and performance-based bonuses.
- Comprehensive health, dental, and vision insurance.
- Generous paid time off and public holidays.
- Opportunities for continuous professional development and training.
- Company-sponsored pension scheme.
- Collaborative and supportive work environment.
- Employee wellness programs.
- Commuter benefits.
How to Apply
Ready to make a significant impact with Hiring.zycto? We invite passionate and skilled professionals to apply. Please click on the application link below to submit your detailed CV and a cover letter outlining your relevant experience and why you are the ideal candidate for this role. We look forward to reviewing your application.