What are the responsibilities and job description for the Loan Officer position at Cadets Federal Credit Union?
Job Overview
We are seeking a dedicated and detail-oriented Loan Officer to join our dynamic team. In this role, you will be responsible for guiding clients through the loan application process, assessing their financial needs, and providing tailored loan solutions. The ideal candidate will have a strong background in financial sales, excellent analytical skills, and a commitment to delivering exceptional customer service.
Responsibilities
- Evaluate and analyze clients' financial information to determine eligibility for loans.
- Assist clients in completing loan applications and gathering necessary documentation.
- Provide expert advice on various loan products.
- Conduct credit analysis to assess risk and make informed lending decisions.
- Collaborate with underwriting teams to facilitate the loan approval process.
- Maintain accurate records of all client interactions and transactions using accounting software.
- Stay updated on industry trends and regulations.
- Build and maintain strong relationships with clients to encourage repeat business and referrals.
- Meet sales targets while ensuring compliance with company policies and regulatory requirements.
Requirements
- Proven experience in financial sales or loan origination is preferred.
- Familiarity with ShareTec is a plus.
- Strong understanding of credit analysis, underwriting processes, and contract management.
- Excellent mathematical skills with the ability to perform complex calculations accurately.
- Exceptional communication skills, both verbal and written, for effective client interaction.
- Ability to work independently as well as part of a team.
- Detail-oriented with strong organizational skills to manage multiple tasks efficiently.
- A commitment to providing outstanding customer service throughout the loan process.
If you are passionate about helping clients achieve their financial goals through effective lending solutions, we encourage you to apply for this exciting opportunity as a Loan Officer.
Job Type: Full-time
Pay: $24.00 - $25.00 per hour
Expected hours: 40 per week
Benefits:
- Health insurance
- Paid time off
Compensation Package:
- Bonus opportunities
Schedule:
- 8 hour shift
- Day shift
- Monday to Friday
- Weekends as needed
Work Location: In person
Salary : $24 - $25