CAREERS

Loan Officer

We are looking for a loan officer to evaluate, authorize approval, or deny consumer loan applications for our members with an emphasis on home equity and HELOC lending. You will act as a liaison between members and our financial institution and you will help qualified applicants acquire loans in a timely manner.

Responsibilities

  • Evaluate credit worthiness by processing loan applications and documentation within specified limits
  • Interview applicants to determine financial eligibility and feasibility of granting loans
  • Determine all applicable ratios and metrics and set up debt payment plans
  • Communicate with members either to request or to provide information
  • Justify decisions (approvals/rejections) and report on them
  • Complete loan contracts and counsel clients on policies and restrictions
  • Ability to effectively communicate with other credit union professionals, including directors, auditors and examiners
  • Maintain and update account records
  • Assess member needs, explore all options and introduce different types of loans
  • Responsible for assisting in overall loan growth for the credit union
  • Go the “extra mile” to build trust relationships, member loyalty and satisfaction throughout the underwriting process
  • Οperate in compliance with laws and regulations and adhere to lending compliance guidelines
  • Monitor and analyze economic conditions affecting the loan department and recommend appropriate action

 

Skills

  • Proven working experience producing, processing, underwriting, and closing all consumer loans including home equity, HELOC, auto, and unsecured loans
  • Familiarity with computers and banking applications/software
  • Solid understanding of consumer lending products and practices
  • Excellent communication and interpersonal skills
  • Ability to uncover and recommend additional lending and/or new account opportunities when working with members
  • Provide superior member service
  • Registered NMLS number preferred
  • BS degree in finance, economics or a related field highly preferred

Job Type: Full-time