Commercial loan officer Interview Questions in India

22

Commercial Loan Officer interview questions shared by candidates

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Wells Fargo
Commercial Loan Officer was asked...16 April 2013

What would your first 30 days look like for you in this position?

3 Answers

I would like to understand the details of project and flow of project.

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Be ready to cover the marketing activities you would need to complete on a daily/weekly basis to generate loan volume. Less

East Boston Savings Bank

What did you study in college that is relevant to this role?

2 Answers

Bachelor’s in mathematics. I would like to operate in this position.

I studied business, which I think is crucial in business lending industry. Ability to understand the customer business helps to provide a need base solutions. Less

They actually asked me how old I was.

1 Answers

I told them I was 97 years old.

UMB Financial Corporation

Do you think you are qualified as a loan officer after having been out of banking for so many years.

1 Answers

My response was that being a commercial lender is actually a sales position and I had been in sales for the last 26 years. Both positions require that you find out what needs the customer has and what products or services your company has to meet those needs. Less

if you hired do you know how to work independently. Do you know how to communicate with Corporate or Business leaders in the community. Do you work on Commission and handle your business related expenses ..

1 Answers

I am use to thing of that magnitude. I have been a realtor before we are responsible for alot of fees and we are on commission that normal . I am a open minded individual business minded as well Less

3 years plan

D. L. Evans Bank

Why are you wanting to leave your current employer?

Western Alliance Bank

Can't recall specifically. No I gotcha questions though

Fifth Third

Describe a situation where your work was criticized.

Comerica

there were no difficult questions; usual stuff. What kind of loans do you generate, etc.

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