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Admin & Support · Job description

Loan Processor & Closer

Interview loan applicants to elicit information; investigate applicants' backgrounds and verify references; prepare loan request papers; and forward findings, reports, and documents to appraisal department. In the GCC market, this role is actively hired across bahrain with 2 recent postings.

GCC postings
2
Active markets
1
Typical experience
5+ years
In brief

A Loan Processor & Closer in the GCC region requires excel, communication, customer service, erp, accounting. Interview loan applicants to elicit information; investigate applicants' backgrounds and verify references; prepare loan request papers; and forward findings, reports, and documents to appraisal department. This role is in demand across the Gulf Cooperation Council countries.

Salary snapshot

What a Loan Processor & Closer earns in the UAE

Median monthly gross in AED for a mid-level Loan Processor & Closer. See the full breakdown by country and seniority.

25th percentile
12,000
Median
18,500
75th percentile
27,000
See salary ranges →
Key responsibilities
  • 01Collection of Borrower and Property Information (40%)
  • 02Provides excellent customer service to Business Development Officers (BDOs), borrowers, underwriters, and other loan stakeholders.
  • 03Works directly with the loan representative to obtain the necessary borrower, guarantor, and property information for the loan file.
  • 04party vendors to obtain reports, such as appraisal, environmental, title, credit, property condition assessment, engineering, and others as needed.
  • 05Prepares and distributes correspondence to others involved in the loan transaction.
  • 06Ensures items are received and reviewed in a timely fashion to support an expedient loan process for all involved.
  • 07Verification of Loan Information (10%)
  • 08Maintains the integrity of the loan file by ensuring that information provided is complete and accurate.
  • 09Ensures that documentation contains the appropriate signatures.
  • 10Reviews borrower information for consistency.
  • 11Follows up on items that require additional action.
  • 12Interprets file contents in an effort to anticipate problems that would otherwise arise in underwriting.
Required qualifications
  • — We have an immediate full
  • — time opportunity for a driven Commercial Real Estate (CRE) Loan Processor & Closer with a desire to grow professionally.
  • — CRE Loan Processor & Closer
  • — As part of the AVANA team (www.avanacompanies.com), we will provide you training in U.S. real estate lending and pair you with experienced U.S.
  • — based team members to ensure you have the support needed to succeed.
  • — Duties and Responsibilities
  • — Collection of Borrower and Property Information (40%)
  • — Provides excellent customer service to Business Development Officers (BDOs), borrowers, underwriters, and other loan stakeholders.
Preferred qualifications
  • — Bachelor’s degree in finance, real estate, business administration or related field is preferred.
  • — Courses or certifications in commercial real estate finance, mortgage banking, or legal studies related to real estate are an added advantage.
  • — Desired Characteristics
Education requirements
  • — Bachelor's degree

Required skills

excelcommunicationcustomer serviceerpaccountingcomplianceisoanalytical

Preferred skills

awstaxgitReading ComprehensionActive ListeningWritingSpeakingMathematicsCritical ThinkingActive LearningMonitoringSocial Perceptiveness

Tools & technologies

excelerpteamsgitawsAccounting softwareAutomated financial softwareAutomated underwriting softwareCredit reporting softwareDesktop publishing softwareEncompass softwareFannie Mae Desktop UnderwriterLending software systemsLoan tracking softwareMicrosoft AccessMicrosoft Dynamics

Hiring companies we see

  • Avana Companies

Hired across

  • bahrain
FAQ

  • What does a Loan Processor & Closer do in the GCC?

    A Loan Processor & Closer in the GCC performs core duties related to excel, communication, customer service, adapted to the regional business environment and regulatory framework.

  • What qualifications do I need to be a Loan Processor & Closer?

    Typically a Bachelor's degree is required, with 5+ years of experience in the field.

  • What is the demand for Loan Processor & Closer in the GCC?

    The role is actively hired across bahrain, with consistent demand from both local and multinational employers.

  • What skills are needed for a Loan Processor & Closer role?

    Key skills include excel, communication, customer service, erp, accounting, compliance, along with strong communication and teamwork abilities.

  • Do I need Arabic to work as a Loan Processor & Closer in the GCC?

    Arabic language proficiency is often preferred but not always required. It depends on the employer, sector, and client-facing nature of the role.

See salary ranges →Open in JD generator →
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