Loan Officer

Do you LOVE to help others? Is a member more than a relationship? In your heart do you serve others? Help City Federal Credit Union help thousands to achieve financial success and satisfaction.

Compensation and Benefits are Outstanding for building a career or getting on your feet today.

Let us know why you are prepared to have an impact on peoples lives...

POSITION: The Loan Officer is responsible for performing routine and complex duties associated with all Consumer Lending and Real Estate Lending, including, but not limited to, performing account research for members and other departments within the Credit Union both in person at a branch, over the phone, or through other electronic channels.

Key Accountabilities

• Conducting in-depth interviews with members for all loan requests
• Answering member questions and completing requested transactions
• Identifies and executes cross-selling opportunities of Credit Union products to new members to meet their financial needs while applying internal controls, Credit Union Policies and Procedures, and Governmental regulations to ensure compliance, integrity, professionalism, quality and timely service delivery.
• Advocates for the member and gathers additional information for a decision.
• The successful candidate will be required to be self-motivated capable of thriving in a very fast paced, detail oriented and heavily sales driven environment.

Duties and Responsibilities: * Actively market credit union loan products including personal, auto, home equity, and business loan offerings to achieve credit union goals

• Analyze marketing strategies to adapt and adjust them to improve results
• Interview loan applicants; obtain all of the necessary documentation to review and make the loan decision
• Provide information to the membership/applicants concerning the different types of loans offered, the terms and interest rates, and the documentation needed to be considered for a loan.
• Underwrite loans based on established guidelines in Lending Policy.
• Approve loans that meet policy guidelines, within authorized limits and established timeframes.
• Make alternative recommendations to borrowers that are creditworthy but do not qualify for the loan they requested.
• Ensure all declined loan requests are properly documented for review by the Lending Manager
• Coordinate the preparation and issuance of adverse action letters to Members.
• Timely review and analysis of information resulting from staff input, verification and maintenance for all loans being processed.
• Comply with updates and changes to loan programs or procedures
• Maintain all correspondence and documentation through the consumer loan underwriting and decision process.
• File all related documentation in appropriate information systems.
• Provide financial counseling to members in the wise use of credit.
• Assist management in drafting written procedures that clearly state how each step of the lending process is performed.
• Monitor portfolio quality and performance collections and loss prevention.
• Actively engage new potential customers in the community.
• Make suggestions to the Lending Manager concerning changes to the lending policy and/or procedures
• Other duties as assigned

Job Type: Full-time

Pay: $36,000.00 - $56,000.00 per year

Benefits:

• Dental insurance
• Employee assistance program
• Health insurance
• Paid time off
• Retirement plan
• Vision insurance

Compensation package:

• Bonus opportunities

Schedule:

• 8 hour shift
• Monday to Friday
• Weekends as needed

Work setting:

• Office

Education:

• High school or equivalent (Preferred)

Experience:

• credit union: 1 year (Preferred)
• lending: 2 years (Preferred)

Work Location: Multiple locations

Salary : $36,000 - $56,000