InformationReport..docx655160d80e3954482

& Team Report Planning Loan Officer Career Report Intro (Gus) The purpose of this report is to teach someone who is seeking a job as a loan officer (LO), how 1o prepare themselves for such a job. We will cover what it pertains to regarding the career aspect; the job attributes, a potential educational plan, and how to effectively prepare a directed resume for a LO position. CAREER (Yevginy) Job Attributes. The job attributes of the LO position include various types of hard skills, as well as soft skills. A full analysis of both will be used to compare and contrast this position to typical business/finance positions. Potential Educational Plan Atypical LO will be more successful if the acquire a strong educational background prior to seeking a job. We will set s timeline for how educational goals can align to obtaining the best degree for this career. Resumes When preparing your resume for a LO position, it will help to use certain keywords that pertain 10 your prior experience and education. Be sure that all references are true and can be verified. There are certain licenses that can make a resume stronger for thiS POSIHION. e—

& Team Report Planning Resumes When preparing your resume for a LO position, it will help to use certain keywords that pertain to your prior experience and education. Be sure that all references are true and can be verified. There are certain licenses that can make a resume stronger for this position. THE WORK Jack Daily Tasks As a LO, certain tasks will be common no matter what office or company you may work for. Here We will provide a bulleted list of the various tasks we have researched that are almost universal amongst LO's. Loan Officers are primarily responsible for assessing loan applications, approving or declining loan requests, and guiding borrowers through the lending process. According to the Bureau of Labor Statistics Obtain, verify, and analyze the customers financial information(USBLS 2023)The author (McKay 2019) states salesmanship is necessary to sell your product to clients who qualify for loans. Showing expertise while communicating is critical to ensure people choose to get loans from their company. These professionals also maintain relationships with clients, financial institutions, and real estate professionals to promote their institution's loan products (Indeed 2023). They are ultimately contributing to the growth and success of the lending institution they represent. Overall, loan officers play a vital role in facilitating access to financial resources while ensuring prudent lending practices and regulatory compliance according to (Indeed 202