How do they match: Loan Officers

  • Commercial Loan Collection Officer
  • Commercial Relationship Manager
  • Portfolio Manager

  • Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and payment methods. Includes mortgage loan officers and agents, collection analysts, loan servicing officers, loan underwriters, and payday loan officers.

  • Approve loans within specified limits, and refer loan applications outside those limits to management for approval.
  • Authorize or sign mail collection letters.
  • Contact borrowers with delinquent accounts to obtain payment in full or to negotiate repayment plans.
  • Maintain and review account records, updating and recategorizing them according to status changes.
  • Prepare reports to send to customers whose accounts are delinquent, and forward irreconcilable accounts for collector action.
  • Review accounts to determine write-offs for collection agencies.
  • Review billing for accuracy.
  • Set credit policies, credit lines, procedures and standards in conjunction with senior managers.