Loan Officer

Loan Officer

Location:

This opportunity is available in Corning, NY, and greater Wilmington, NC market.

Corning Credit Union is seeking a Loan Officer to join our team.

Corning Credit Union (CCU) is one of the leading credit unions in the nation with $2.4 billion in assets and more than 160,000 members worldwide. Headquartered in Corning, NY, we also have facilities in Wilmington, NC, Myrtle Beach, SC, and Franklin County, PA.

We're committed to helping our members prosper by being a trusted advisor for financial services. CCU’s vision is simple: “To provide better service to our members than they receive anywhere else in the world.” Our growth is fueled by that vision, and it doesn’t stop with our members. We are also committed to fostering a strong service culture within the organization. Teamwork, open communication, and valuing the individual are just a few of the key performance standards that help us provide an exceptional work environment for our outstanding team.

If you share our passion for serving others, then CCU is the place for you to build a rewarding career. In addition to the vast opportunities that exist within the organization, CCU also offers a competitive base salary and annual bonus plan along with an exceptional benefits package. With a strong emphasis on our team and dedication to excellent customer service, Corning Credit Union continues to be an employer of choice across the markets we serve.

Role Summary:

The Loan Officer is primarily responsible for gathering applicant information to determine the best method for meeting their lending needs. Additionally, the Loan Officer educates applicants on complimenting products and services and works with the Underwriting and Analysis Department to decide loans in accordance with approval authority.

Essential Job Duties

• Assists members with completing loan requests over the telephone, in-person or online
• Effectively gathers member debt, income, and supporting loan request information
  • Ensures pending applications are completed as much as possible to create a seamless experience for the member when other teammates must finalize requests
• Makes sound loan recommendations through effective interviewing and analysis
• Effectively educates members about all appropriate the credit union products and services and meets or exceeds sales goals
  • Also maintains basic knowledge of the competition's products and services and utilizes this knowledge to compare and contrast and assist members with their product and service decisions
• Protects the financial integrity of the credit union and its loan portfolio - effectively balancing member service and exceptions with the risk to the credit union
• Provides alternative recommendations to members who do not qualify for the loan requested and educates them on ways they can improve their credit standing and future borrowing ability with the credit union
• Openly communicates lending decisions to the member and is capable of navigating through sensitive situations
• Clearly documents all loan decisions with supporting information within the application
• Also assumes responsibility for other projects or duties as required or assigned

Required Competencies

• Strong customer service and interpersonal skills with the ability to connect well with members over the phone
• Highly flexible and able to grasp and disseminate large amounts of information in a fast-paced environment
• Strong verbal and written communication skills
• Exceptional attention to detail
• Strong analytical and problem-solving skills
• Confidence in recommending products and services with the ability to meet appropriate sales and service goals

Education Requirements

• A bachelor’s degree in Business, Finance, or a related field is preferred, commensurate work experience will also be considered
• A high school diploma or GED is required

Experience Requirements

• Prior lending experience is preferred

Communication Skills Requirements

• The ability to read and comprehend moderate to advanced instructions and correspondence
• The ability to write moderate to advanced correspondence within professional etiquette standards
• The ability to effectively present information in one-on-one and small-group situations
• The ability to effectively communicate loan decisions and navigate sensitive situations

Physical Requirements

Reasonable accommodations may be made to enable individuals with disabilities to perform the role.

• Ability to work in a repetitive motion for a lengthy period of time
• Ability to work within a fast-paced branch environment
• Regular use of computer is required
• Specific vision abilities required by this position include close vision and the ability to adjust focus from close range to long range

Compensation - The starting Loan Officer base pay range is $20.00 to $27.50 per hour. Hiring rates are dependent on several factors, including years of related work experience, education, and geographic location. Corning Credit Union also offers an annual bonus plan as part of its comprehensive compensation package. Additionally, most roles have further levels providing added growth opportunities and earnings potential.

An Equal Opportunity Employer. Corning Credit Union values diversity and is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.

Pay transparency nondiscrimination provision. The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c).

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