Loan Advisor
Job Description
We are looking for a Loan Advisor to provide professional guidance to individuals and businesses seeking financing solutions in Singapore. The role requires strong knowledge of local banking practices, MAS regulations, and government-backed loan schemes.
Key Responsibilities
Client consultation: Assess client needs, financial standing, and loan eligibility.
Loan product advisory: Recommend suitable loan options (personal, SME, mortgage, car loans) from banks and financial institutions.
Application assistance: Guide clients through documentation, submission, and approval processes.
Regulatory compliance: Ensure all advisory services comply with Monetary Authority of Singapore (MAS) guidelines.
Government schemes: Advise SMEs on Enterprise Financing Scheme (EFS), Temporary Bridging Loan Programme, and other support initiatives.
Risk assessment: Evaluate creditworthiness and advise clients on repayment strategies.
Relationship management: Build long-term trust with clients through transparent and ethical advisory.
Requirements
Experience: 2–4 years in sales.
Skills: Strong communication, analytical, and negotiation skills; bilingual proficiency (English and Mandarin/Tamil/Malay) preferred.
Traits: Client-centric, detail-oriented, and able to manage multiple cases under tight timelines.
Compensation & Benefits
Performance incentives: Commission or bonus tied to loan approvals and client satisfaction.
Career growth: Opportunities to progress into Senior Loan Advisor or Relationship Manager roles.
Training: Continuous professional development on MAS regulations and new loan products.