Consumer Loan Officer
4 weeks ago
LU 354 IBEW FEDERAL CREDIT UNION is seeking a highly skilled Consumer Loan Officer to originate and process consumer loans, provide exceptional customer service, and cross-sell other financial products and services.
Key Responsibilities:
- Develop and maintain a strong understanding of our loan products and services.
- Interview loan applicants to collect personal and financial information, such as credit history, income, and assets.
- Analyze and evaluate loan applications to determine creditworthiness and compliance with lending policies.
- Recommend loan approvals or denials based on the results of the loan analysis.
- Communicate loan decisions to applicants and explain lending requirements, conditions, and terms.
- Assist approved applicants with the loan closing process, ensuring all required documentation is accurate and complete.
- Cross-sell other bank products and services, such as checking accounts, savings accounts, and investment products.
- Maintain accurate records of all loan activities and prepare reports as needed.
- Stay informed on industry trends and changes in regulations pertaining to consumer lending.
Requirements:
- Bachelor's degree in Finance, Business Administration, or related field.
- Minimum of 2 years of experience in consumer lending, banking, or financial services.
- Strong knowledge of lending regulations and underwriting standards.
- Excellent communication, interpersonal, and customer service skills.
- Strong analytical and problem-solving abilities.
- Proficient in Microsoft Office applications and loan origination software.
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