Loan Application Review Specialist

8 hours ago


Manama, Manama, Bahrain RESO Full time

About RESO

At RESO, we strive to provide innovative lending solutions while upholding the highest standards of regulatory compliance. Our team is dedicated to ensuring seamless loan application processes that cater to the diverse needs of our customers.

Main Responsibilities

  1. We are seeking a skilled Loan Application Review Specialist to join our team. As a key member, you will be responsible for conducting comprehensive reviews of financing approval requests, approving or rejecting them based on predefined criteria and guidelines, and interacting with customers when necessary to request additional information or communicate rejection reasons.
  2. Conduct thorough reviews of customer IDV (Identity Verification) requests during the onboarding process and approve or reject them in accordance with established criteria.
  3. Perform outbound calls to eligible customers identified based on predefined criteria to encourage them to apply for financing and guide them through the application process.
  4. Conduct identity verification checks to prevent fraud and ensure compliance with KYC (Know Your Customer) regulations.
  5. Interact with customers regarding loan application rejections or future assistance.
  6. Assess the creditworthiness of applicants through financial analysis and data verification.
  7. Collaborate with cross-functional teams to enhance the loan application process.
  8. Maintain detailed records of application reviews and decisions.
  9. Monitor and report on key performance metrics related to loan processing and IDV effectiveness.
  10. Stay updated on company trends, regulatory changes, and best practices in lending and IDV.
  11. Handle inbound and outbound calls to communicate with applicants regarding their loan status and address inquiries.

Required Skills and Qualifications

  1. Demonstrate good analytical and problem-solving skills.
  2. Familiarity with financial analysis and credit scoring methodologies.
  3. Knowledge of regulatory requirements related to lending and identity verification.
  4. Familiarity with loan management software and tools.
  5. Excellent communication skills.
  6. Attention to detail and a strong commitment to accuracy.

Education and Experience

  1. Possess a Bachelor's degree in Finance, Business Administration, or any relevant field.
  2. Hold 0-2 years' experience in a similar role.


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