What are the responsibilities and job description for the Loan Specialist position at FedChoice Federal Credit Union?
Job Type
Full-time
Description
FedChoice is Hiring!
Have you worked in consumer lending? Do you have experience in the credit union or banking industry? Are you ready to embark on a thrilling financial adventure?
We are seeking a motivated, member-focused, target-driven team member to join our Lending Services team as a Loan Specialist.
What You'll be Doing...
FedChoice is looking for a Loan Specialist who is responsible for servicing members in the area of lending related services by guiding members through the entire loan process. This includes accurate and timely loan origination, processing, closures, disbursements and maintenance of Consumer, VISA and Home Equity loan applications. Interviews members to obtain all relevant information in order to provide the best possible solution(s). Communicates to members final application solutions. With knowledge of the Credit Union's various loan products, the Loan Specialist helps members to understand the different loan options and benefits.
Key Areas of Focus...
- Interviews members to determine eligibility to apply for a loan and obtain all required and applicable information in order to submit a complete application for decisioning.
- Keeps members informed of Credit Union services, products and policies.
- Reads and analyzes members' credit reports to ask questions and then obtain answers and reasons from members (i.e. employment, deregulatory accounts, details of loans, etc.).
- Explains loan options, rates, terms and collateral requirements.
- Ensures the loan application / package is complete prior to referring to Underwriting.
- Processes and disburses approved loans accurately and according to standards.
- Researches, responds, and resolves member requests and questions promptly, courteously and professionally.
- Actively and professionally cross-sells Credit Union products and services.
- Any other duties as assigned.
Requirements
You should have :
Preferred :
When you join FedChoice
You are not joining just another credit union; you are joining a progressive financial institution. At FedChoice Federal Credit Union, we offer an altogether better banking experience for federal employees and their families and an altogether better working experience for FedChoice employees.
Our competitive benefits and perks include :
Join us at FedChoice where every day is an opportunity to thrive, grow, and celebrate the extraordinary YOU!
FedChoice is an equal-opportunity employer.
Salary Description
19.40 - $25.00 hourly
Salary : $19 - $25