What should be the skills of a loan manager
It is believed that the position of a credit manager does not require any special skills, and it can be obtained by almost any person with a higher or even secondary vocational education. But in practice in different banks the requirements for a candidate for this vacancy can be significantly different and very high. Just like the professional duties of a person who holds the position of a lending manager, different organizations may be different.
In any case, the essence of the activities of this specialist is that he provides assistance to clients in obtaining credit, conducts counseling and, in a number of cases, executes credit documentation.
And, of course, the advantages for the position of credit manager will be for candidates who have a number of certain professional and personal qualities.
Not bad if the candidate for this position has higher education in the economic sphere, has the basics of financial and economic analysis, has knowledge directly related to lending issues. Experience in this industry will also be an additional plus.
Admitted to the position of a lending manager in the first weeks of his career should demonstrate the ability to implement projects to attract loans, make business plans for investment calculations.
After a few months, the specialist should demonstrate the ability to correctly draw up credit agreements, as well as carry out their escorts, track the expenditures of loan funds, provide them, and competently compile analytical reports on the results of their activities.
The important professional qualities of a loan manager include the ability to review and analyze costs, as well as the ability to suggest possible ways to reduce these costs.
The insurance manager should be aware of the financial situation of the market, systematically monitor changes in the regulatory and legislative framework.
The work of a credit manager is, above all, working with people, so for a person holding such a position, communication should not be a problem. In addition to professional literacy, such a specialist should fully possess the techniques and skills of effective communication, be friendly and attentive not only to the design of documents, but also to the needs of clients.
Personal charm, stress resistance, mastery of the methods of regulating one's mental state are also important for working in this position.
And, of course, the loan manager is a member of the team, and the ability to work in a team, observe subordination, obey the requirements of the organization in which he works are also important for his successful work.