Loan Workout Manager jobs in Vineland, NJ

Overview:

Members 1st of NJ FCU is seeking a Consumer Loan Manager. The ideal candidate will have experience managing the loan department and overseeing all loan products. As a member of the credit union's management team, the Loan Manager will assist in the strategic planning process and help achieve Member 1st of NJ FCU's long and short-term goals.

Duties:

- Supervise all areas of loan operations

- Manage the loan origination process from application to closing

- Review loan applications and supporting documentation for accuracy and completeness

- Ensure compliance with all applicable laws and regulations.

- Coordinate with borrowers, loan officers, and other parties involved in the loan process

- Communicate with borrowers to gather additional information or clarify any discrepancies

- Perform credit analysis and review financial statements to assess borrower's creditworthiness

- Prepare loan documents and coordinate loan closings

- Monitor loan pipeline to ensure timely processing and closing of loans

- Maintain accurate records of all loan transactions and update loan servicing systems as needed

- Stay up-to-date on industry trends and regulations.

Requirements:

- Proven experience as a Loan Manager or similar role in the lending industry

- In-depth knowledge of loan origination processes.

- Familiarity with all lending regulations.

- Strong understanding of basic math principles and ability to perform calculations accurately

- Proficient in using computer software programs such as Microsoft Office Suite and loan origination systems

- Excellent attention to detail and organizational skills

- Strong communication skills, both written and verbal

- Ability to multitask and prioritize workload effectively

If you are a dedicated professional with a passion for providing exceptional customer service and have the necessary qualifications, we encourage you to apply for this position. We offer competitive compensation packages and opportunities for career growth within our organization.

Job Type: Full-time

Pay: $69,995.00 - $75,228.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Employee assistance program
• Flexible spending account
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Schedule:

• 8 hour shift
• Weekends as needed

Education:

• Bachelor's (Preferred)

Experience:

• Management: 3 years (Required)

Work Location: In person