Loan Officer III

Midcoast Federal Credit Union is seeking a Loan Officer III to support our Loan Department. Midcoast is looking for an individual who is highly motivated, positive, outgoing, and influential with a strong emphasis on sales and results to ensure the credit union maximizes lending and ancillary product opportunities with members who apply for credit. This role requires someone who commands a thorough knowledge of mortgage, home equity, and consumer lending processes. The Loan Officer must be able to identify additional products and services to cross sell and work with the retail employees to open new accounts. Partners with Business Lending Solutions (BLS) to increase business opportunities. Serves as a home equity originator. This is a hybrid/remote position based out of our Bath office with some in-person training and onsite work required.

Essential Functions and Responsibilities

· Ensures complete and accurate mortgage and home equity and consumer loan packages are submitted to CUSO or through Origence to the underwriters within established time frames and compliance requirements. Completes all necessary reports and performs file maintenance to update records as required.

· Participates in developing consumer lending business for the Credit Union. Calls on members to expand existing relationships; calls on prospects seeking opportunities to expand the Credit Union's member base.

· Participates in developing lending and deposit business for Credit Union partnering with CUSO and BLS. Identifies opportunities to cross-sell new and/or additional products or services.

· Stays abreast of new types of mortgage and home equity loans and lending trends, rules and regulations, market conditions and factors, and other financial services and products to better meet member needs.

· Performs other job-related duties as assigned.

Experience

3-5 years similar or related experience.

Education

A two-year college degree, or completion of a specialized certification or licensing, or completion of specialized training courses conducted by vendors, or job-specific skills acquired through an apprenticeship program.

Job Type: Full-time

Pay: From $21.00 per hour

Benefits:

• Dental insurance
• Health insurance
• Paid time off

Schedule:

• 8 hour shift
• Day shift
• Monday to Friday

Work setting:

• Hybrid work
• Office

Ability to Relocate:

• Bath, ME 04530: Relocate before starting work (Required)

Work Location: Hybrid remote in Bath, ME 04530