A lending manager is an upper level position in a bank
with a great deal of responsibility. Someone who wants to become a lending
manager will generally need a significant amount of experience in the banking
industry, and may have started as a loan clerk and eventually progressed to the
position of loan officer before being promoted into a management position. Some
banks may also require individuals who want to become a lending manager to have
a degree in business, financial management, or a related field that ensures they
have both financial knowledge, as well as experience managing and supervising
other employees. Anyone who wants to become a lending manager should consider
how they could get know-how in both areas of the job, finance and management.
Starting out working in a bank can be good experience; depending on how early
you start, even working as a teller could be seen as a useful part of a finance
background. Management experience can be gleaned by becoming a head teller, and
supervising other employees. Another option is to apply for an entry-level loan
clerk position, and then work hard when preparing reports and running loan
applications. This work might lead to supervisory or senior positions in the
lending department, such as a loan officer, which is one of the individuals
responsible for making lending decisions. Going above and beyond to display good
customer service skills and the ability to work in a team is a great way to
eventually become a lending manager. This is because it will demonstrate to your
superiors that you possess not only the technical loan skills, but that you also
have the skills required for management and working with other people. A senior
loan officer will generally have some supervisory responsibility with other loan
clerks, which will translate into management experience. Otherwise, education
can also help you to become a lending manager, thought it will be difficult to
enter the position immediately after college without any real-world experience.
This is why it is important to work in the field during college. It is also
important to remember all of the most important tips for applying and
interviewing for jobs; for example, make sure your resume is neat, concise, and
free of errors. When you go to interviews, arrive on time, dress professionally,
and appear knowledgeable about the company and enthusiastic about the position.
Making a good impression at an interview is vitally important for any job, even
if you have all the required experience and education
qualifications. |