Loans Adviser Job Opportunity – Milton, ON Canada

A Loan Adviser (or Loan Officer) is a financial professional who assists clients in obtaining loans, whether for personal, business, or property purposes. Their role includes evaluating loan applications, assessing the applicant’s creditworthiness, and providing guidance on financial products that best suit the applicant’s needs. Loan advisers help clients understand their loan options, terms, and requirements, and they often work with clients to gather necessary documentation, evaluate their financial status, and explain the approval or rejection process.

Key responsibilities include:

• Reviewing and approving loan applications.
• Advising clients on financial products, debt management, and credit solutions.
• Maintaining credit and loan documentation.
• Ensuring compliance with financial regulations and company policies.

Loan advisers must have strong communication skills, attention to detail, and a good understanding of financial regulations and customer service. They play a key role in financial institutions, helping individuals and businesses secure financing that meets their objectives.

About the Job:

COLD IRON TRUCK CENTER INC. is looking for a motivated Loans Adviser to join our Milton, ON team. If you’re skilled in assessing financial applications and providing solutions that meet client needs, this role is a great opportunity to grow your career in finance.

Location: Milton, ON
Salary: $37.00 per hour for 35 to 44 hours per week
Employment Type: Permanent, full-time
Start Date: As soon as possible
Shifts: Day, Weekend, Shift, Overtime, Morning
Vacancies: 2 positions available

Key Responsibilities:

• Loan Evaluation: Approve or reject loan applications, or recommend them for approval.
• Client Support: Assist clients by proposing solutions for business expansion, debt management, and other financial goals.
• Documentation: Complete credit and loan documentation, including preparing statements on delinquent accounts.
• Interviewing Applicants: Conduct interviews with loan applicants and review their financial status, credit, and repayment ability.
• Account Management: Open new personal and non-personal accounts and provide access to banking services.
• Promotion of Services: Promote the sale of credit and loan services.
• File Management: Review and update credit and loan files and forward irreconcilable accounts for collection.

Work Environment:

• Setting: On-site work required; no remote work option available.
• Conditions: Fast-paced environment with tight deadlines and a large caseload.
• Requirements: Valid driver’s license required.

Qualifications:

• Education: College diploma or equivalent experience in a related field.
• Experience: 1 to less than 7 months of experience.
• Loan Experience: Experience in automobile loans preferred.
• Language: Proficiency in English required.

Benefits:

• Health Benefits: Comprehensive health care plan provided.

Immigration Pathways for Loans Advisers in Canada

If you’re interested in immigrating to Canada, there are several pathways to pursue:

1. Temporary Foreign Worker Program (TFWP):
   • You can obtain a work permit through the Temporary Foreign Worker Program if you have a valid job offer and an approved Labour Market Impact Assessment (LMIA).
2. Express Entry (Federal Skilled Worker Program):
   • Finance professionals, including loans advisers, may qualify for the Federal Skilled Worker Program under Express Entry. Candidates with experience in finance and financial advising can apply for permanent residency through this pathway.
3. Provincial Nominee Program (PNP):
   • Provinces like Ontario nominate finance professionals to fill labor market needs. A valid job offer from an employer in Ontario can lead to provincial nomination and improve your chances of gaining permanent residency.

How to Apply:

• By Email: Send your resume and cover letter to [email protected]

Application Deadline: October 27, 2024

If you have a passion for financial solutions and want to grow your career in a dynamic environment, COLD IRON TRUCK CENTER INC. offers you the perfect opportunity. Apply today to join our team as a Loans Adviser in Milton, ON!