Loan Officer Intern job at Success Entrepreneurs Choice

Vacancy title:
Loan Officer Intern

[ Type: FULL TIME , Industry: Consulting , Category: Accounting & Finance ]

Jobs at:

Success Entrepreneurs Choice

Deadline of this Job:
Friday, September 01 2023 

Duty Station:
Within Zambia , Zambia, South - Central Africa

Summary
Date Posted: Tuesday, August 29 2023, Base Salary: Not Disclosed

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JOB DETAILS:
Minimum requirements
Grade 12 certificate
• Degree/Diploma/Certificate in any Course

Mpongwe x1
Mufulira x02
Ndola x02
Luanshya x02
Chingola x02
Solwezi x02

Learning Experience:
• As an intern loan officer, you will have the opportunity to learn about various aspects of lending, including consumer loans (such as personal loans and auto loans) or commercial loans (for businesses). You’ll gain an understanding of the loan application process, credit analysis, risk assessment, and compliance with lending regulations.
• Shadowing and Training: You’ll likely spend time shadowing experienced loan officers, attending training sessions, and getting hands-on experience in tasks related to loan origination, underwriting, and customer interaction.
• Customer Interaction: Depending on the organization’s policies, you may have the chance to interact with customers or clients who are applying for loans. This can involve assisting with loan applications, answering questions, and providing information about loan products.
• Data Analysis: Part of your role might involve analyzing financial data, credit reports, and other relevant information to assess the creditworthiness of loan applicants. You may also be involved in risk assessment and determining the terms and conditions of loans.
• Documentation: Intern loan officers often help with the documentation process, ensuring that all necessary paperwork is complete and accurate. This is a crucial aspect of loan processing to ensure compliance with regulations.
• Compliance: You will learn about the legal and regulatory requirements related to lending, including fair lending practices, anti-discrimination laws, and privacy regulations. Compliance is a critical aspect of the lending industry.
• Team Collaboration: You’ll likely work closely with loan officers, underwriters, and other members of the lending team to process and approve loans efficiently and accurately.
• Networking: Internships provide an excellent opportunity to build your professional network. You’ll meet colleagues, supervisors, and potentially even clients who can be valuable contacts for your future career in finance or banking.
• Interning as a loan officer can be a valuable stepping stone if you’re interested in a career in finance, banking, or credit analysis. It allows you to gain practical experience, develop relevant skills, and make connections in the industry. If you’re pursuing this type of internship, it’s essential to be attentive, eager to learn, and detail-oriented, as accuracy and compliance are critical in lending.


Education Requirement: No Requirements

Job Experience: No Requirements

Work Hours: 8


Experience in Months:

Level of Education:

Job application procedure

Kindly indicate town of preference
To the Human Resource
Success Entrepreneurs Choice
Headquarters
Rekays Mall, Suite 6, President Avenue,
Ndola.
info@entrechoice.com 
success.finservices@gmail.com 
not later than 1st September 2023.


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Job Info
Job Category: Accounting/ Finance jobs in Zambia
Job Type: Full-time
Deadline of this Job: 01 September 2023
Duty Station: Zambia
Posted: 29-08-2023
No of Jobs: 1
Start Publishing: 29-08-2023
Stop Publishing (Put date of 2030): 29-08-2067
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