Posted: Wednesday, November 15, 2017 7:45 PM
At NTT DATA Services, we know that with the right people on board, anything is possible. The quality, integrity, and commitment of our employees are key factors in our company's growth, market presence and our ability to help our clients stay a step ahead of the competition. By hiring the best people and helping them grow both professionally and personally, we ensure a bright future for NTT DATA Servicesand for the people who work here.
NTT DATAServices currently seeks a
Loan Specialist (General) Ito join our team in
United States (US).
The Loan Specialist performs assignments associated with all aspects of disaster loan making and disaster loan disbursement. The incumbent is assigned to perform any one of the groups of duties described below, and is subject to change to any of the other groups of duties at the discretion of management
Incumbent processes home loans and simple and more routine business loans. Uses training, feedback, or other opportunities for self:learning to continuously develop processing skills.
Reviews all pertinent facts needed.to make eligibility determinations by analyzing such factors as the nature and cause of damage, intended use of proceeds, legislative and administrative loan limits, disposition of insurance and other recoveries that may be a duplication of benefits, creditworthiness, verification of ownership, etc.
Investigates and evaluates credit history to determine credit:worthiness of applicant business, related affiliates, and principal owners of applying applicant business.
Applies accepted financial procedures to analyze financial resources to determine whether applicant can repay the requested loan from sources of cash flow. Compares size of loan request to applicants available income and assets to determine comparative financial ratio analysis. On business applications, analyzes established business operations, local economic circumstances and known management capabilities; prepares income projections and pro forma balance sheet calculations to determine if start:up business will be able to generate sufficient cash flow for repayment of a disaster loan. Documents reasons for decisions to recommend approval or disapproval of loan and applicable interest rate.
On business loan applicants, applies cash flow and asset tests to determine potential available credit from non:federal sources and applicable interest rate for approved loan.
From analysis of anticipated income and cash flow, calculates appropriate repayment in terms of periodic (usually monthly) payments and loan term (maturity). Makes recommendations on amount and type of collateral needed to reasonably secure the loan. Ensures the case file contains documentation of all pertinent facts, conversations with loan applicants, completed written analysis, and reasons for each conclusion or recommendation.
Reviews and screens applications received for completeness and accuracy before processing. Where information or documentation is missing, inaccurate, or otherwise inadequate, contacts the applicant by phone and in writing to notify the applicant of the items required to fully process the loan request.
Utilizes Disaster Credit Management System (DCMS) to provide terms and conditions of loan, including those required by law or regulaticu and to ensure recommendations are in agreement with analysis of loan application. Determines which conditions should be required on a such as different types of insurance (including flood), restrictions on use of proceeds, collateral and specific conditions relative to collateral.
2 or more years experience with the following:
Loan Assistant, with admininistrative experience around loan preparation
Administrative duties including; preparing loan packages, copies, and daily administrative assistance with loans
• Location: Sacramento
• Post ID: 19727182 sacramento