Position Summary:
The Loan Officer is responsible for delivering exceptional member service while originating, processing, and managing loan applications. This role requires strong financial knowledge, attention to detail, and the ability to build relationships by identifying member borrowing needs and recommending appropriate lending solutions, including indirect lending channels.
Key Responsibilities:
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Interview members and prospective members to evaluate financial needs and recommend appropriate loan products, including consumer, personal, and real estate loans.
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Guide applicants through the loan process by explaining products, terms, and requirements in a clear and professional manner.
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Collect and review loan applications, credit reports, and supporting documentation to ensure completeness and accuracy.
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Submit loan packages for approval and communicate decisions to members in a timely manner.
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Review and process loan applications received through indirect lending partners in a timely and accurate manner.
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Evaluate indirect loan submissions to ensure compliance with credit union lending guidelines and risk tolerance.
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Identify opportunities to recommend appropriate credit union products and services to members and prospective members.
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Maintain up-to-date knowledge of lending products, policies, procedures, and regulatory requirements.
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Ensure compliance with all applicable laws, regulations, and internal controls.
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Provide ongoing support to members throughout the loan lifecycle, including follow-up and relationship management.
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Meet or exceed individual and team production and service goals.
Qualifications:
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Strong customer service and relationship-building skills.
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Excellent communication and interpersonal skills.
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Attention to detail and strong organizational abilities.
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Ability to work in a fast-paced, goal-oriented environment.
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Knowledge of lending practices, loan underwriting basics, and financial analysis (preferred).
Salary Range: $21.82 - $30.39
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