Loan Approval Task Management Template

Loan Approval Task Management in Priority Matrix

Effectively manage loan approval tasks to ensure no deadlines are missed and enhance productivity in the auto finance industry.

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Proposed Tasks

Low Impact, Non-Urgent

• Review Loan Applications due in 2 days
  ☐ Review applicant's credit history ☐ Verify employment and income ☐ Assess ability to repay the loan
• Review Customer Feedback due in 2 days
  ☐ Compile and analyze feedback from customers ☐ Make improvements based on feedback
• Update Loan Application Checklist due in 3 days
  ☐ Review current checklist for completeness ☐ Add new items if necessary
• Respond to Customer Inquiries due in 3 days
  ☐ Answer questions about loan application process ☐ Provide updates on application status
• Prepare Loan Denial Letters due in 3 days
  ☐ Review reasons for denial ☐ Prepare and send letters
• Attend Weekly Team Meeting due in 5 days
  ☐ Prepare updates on loan application status ☐ Discuss any issues or challenges
• Prepare Loan Approval Report due in 1 week
  ☐ Compile all relevant loan application data ☐ Analyze and summarize findings ☐ Prepare a formal report
• Follow-up on Pending Loan Applications due in 1 week
  ☐ Contact applicants to request missing information ☐ Update application status in the system
• Review and Update Risk Assessment due in 1 week
  ☐ Review current risk assessment practices ☐ Update procedures as necessary
• Monitor Loan Portfolio due in 1 week
  ☐ Review status of all active loans ☐ Identify and address any issues
• Review and Update Loan Pricing due in 1 week
  ☐ Review current pricing ☐ Update based on market trends
• Update Loan Policies due in 2 weeks
  ☐ Review current policies for any necessary updates ☐ Implement changes in the system
• Attend Compliance Training due in 2 weeks
  ☐ Complete online training modules ☐ Pass the compliance test
• Recruit for Loan Officer Position due in 2 weeks
  ☐ Review applications ☐ Conduct interviews
• Update Loan Underwriting Guidelines due in 2 weeks
  ☐ Review current guidelines ☐ Implement changes based on industry trends and regulations
• Prepare for Audit due in 3 weeks
  ☐ Gather necessary documents and records ☐ Review procedures for compliance
• Submit Monthly Report due in 1 month
  ☐ Compile data on loan applications and approvals for the month ☐ Prepare and submit report to management
• Conduct Performance Review due in 1 month
  ☐ Review employee performance ☐ Provide feedback and set goals
• Evaluate Loan Software due in 1 month
  ☐ Assess effectiveness of current software ☐ Research and evaluate alternatives if necessary
• Attend Industry Conference due in 1 month
  ☐ Register for conference ☐ Prepare to network and learn about industry trends