Financial :: Commercial Loan Officer Job Interview Questions and Answers

Commercial Loan Officer related Frequently Asked Questions by expert members with professional career as Commercial Loan Officer. These list of interview questions and answers will help you strengthen your technical skills, prepare for the new job interview and quickly revise your concepts

1 Explain what is consumer bank?
2 Tell us what is ‘Crossed Cheque’?
3 Explain me what is ‘prime rate’?
4 Explain what is ‘Fixed’ APR and ‘Variable’ APR?
5 Explain me what is negative Amortization?
6 Please explain what is ‘Credit-Netting’?
7 Tell us what is home equity loan?
8 Tell us what ACH stands for?
9 Please explain what is Charge-off?
10 Please explain what are the different types of Loans offered by banks?
11 Explain me what is ‘Bill Purchase’?
12 Explain me do you feel it is better to work with 5 great realtors, or spread yourself over 20 mediocre realtors?
13 Tell me what experience do you have in this field?
14 Tell me can You Process Requests Objectively?
15 Tell me what do you think you will be doing during your first year in investment banking?
16 Explain me what are the advantages and the disadvantages of equity finance and debt finance to a company raising finance and investors?
17 Do you know what is bank? What are the types of banks?
18 Explain what are the types of accounts in banks?
19 Explain me what is (APR) Annual Percentage Rate?
20 Please explain what is the difference between ‘Cheque’ and ‘Demand draft’?
21 Explain what is inter-bank deposit?
22 Tell us what is Line of credit?
23 Tell us what is Cost Of Funds Index (COFI)?
24 Please explain what are the different types of ‘Fixed Deposits’?
25 Tell me do you use social networks to generate leads? Do you feel comfortable with this tactic?
26 Please explain what sales experience do you have?
27 Tell me what have you learned from your studies that can be applied to a career in investment banking?
28 Tell me do you know our business model?
29 Please explain what is investment banking?
30 Explain me what is overdraft protection?
31 Explain what is the ‘cost of debt’?
32 Tell us what is ILOC (Irrevocable Letter Of Credit)?
33 Explain how bank earns profit?
34 Please explain what is Payday loan?
35 Operational and Situational Commercial Loan Officer Job Interview Questions:
36 Explain me why do you think you're suited to a career in investment banking?
37 Tell me what are the things that you have to keep in concern before opening the bank accounts?
38 Tell us what are the different types of banking software applications are available in the Industry?
39 Explain me about your marketing skills, and where in the past you have demonstrated these abilities?
40 Tell me how do you power through and remain focused while finishing paperwork? How important is it to properly complete all paperwork?
41 Explain me what Qualities Do You Possess that Will Help You Be Successful?
42 Explain what are the types of Commercial Banks?
43 Explain me what is ‘Credit Check’?
44 Do you know what is the card based payments?
45 Please explain what do you mean by term ‘Usury’?
46 Ask me if you have any questions for us?
47 Explain do bank charge for ‘overdraft protection’ service?
48 Do you know what is ‘Amortization’?
49 Tell me what attracted you to this company?
50 Please explain what is Convertibility Clause?
51 Please explain what do you mean by co-maker?
52 Tell us what is debt-to-Income ratio?
53 Tell me what opportunities does a financial downturn present to financiers?
54 Explain are you applying for other jobs?
55 Tell me are you efficient and organized with paperwork?
56 Please explain what is cashier’s cheque?
57 Explain what are the different ways you can operate your accounts?
58 Please explain why is it important to work with the best realtors?
59 Tell me your Methods for Meeting Goals?
60 Tell us what is commercial bank?
61 Tell us what is the difference between bank guarantee and letter of credit?
62 Tell us what are the different types of Loans offered by Commercial Banks?
63 Please explain are you willing to work overtime, nights, weekends?
64 Explain me what do you mean by ‘cheque endorsing’?
65 Do you know what is ‘balloon payment’?
66 Please explain what do you mean by term ‘Loan Maturity’ and ‘Yield’?
67 Explain me what's your ideal company?
68 Explain me what is ‘Loan grading’?
69 Explain what ‘LIBOR’ stands for?
70 Explain me how Would You Handle an Irate Customer?
71 Explain me what are payroll cards?
72 Explain me what do you mean by ‘foreign draft’?
73 Explain me what is ‘Cheque Discount’?
74 Explain what is adjustment credit?
75 Explain what is ‘Bill Discount’?
76 Explain me what is ‘Availability Float’?

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