Loan Officer

• Interview members to obtain information concerning their lending needs, earning, and financial condition.
• Analyze current financial position of members to determine the degree of risk involved in extending credit or lending money.
• Evaluate the members need and explain the various lending programs that are available. Once you have collected the pertinent information, make recommendations to the member on which lending option would suit their specific need.
• Make decisions to approve, disapprove, or get a supervisory consult to grant a decision on the loan.
• Ensure detailed notes in the internal notes/comments section pertaining to each individual are taken and then stored.
• Willingness to work extended hours as business and staffing needs dictate.
• Meet or exceed cross selling goals for Credit Life and Disability Insurance, Visa accounts, and additional auto coverage options.
• Participate in sales development activities.
• Stay current on and in compliance with all Credit Union policies, and state and federal lending regulations.

Required Skills

• Knowledge of consumer lending policies, procedures, products and services.
• Ability to operate loan processing system and all equipment and software needed to complete job functions.
• Competence with Financial Reports and other decision-making tools.
• Excellent verbal and written communication skills.
• Effective analytical problem solving, organizational and planning skills.
• Ability to multi-task and various projects in given time frame.

Required Experience

• Bachelor’s degree in a business related discipline or equivalent professional work experience.
• Two years sales experience in a financial services institution with measure success.
• Minimum of two years lending experience.
• Ability to operate loan processing system and all equipment and software needed to complete job functions.