What are the responsibilities and job description for the Loan Officer position at Garden Island Federal Credit Union?
We are seeking a motivated and detail-oriented Loan Officer to join our dynamic financial services team. The ideal candidate will play a crucial role in guiding clients through the loan origination process, ensuring compliance with federal and state regulations, and providing exceptional customer service. This position requires a strong understanding of credit analysis and loan processing, as well as proficiency in loan origination software.
Responsibilities
- Evaluate and analyze clients' financial information to determine eligibility for loan products.
- Guide clients through the loan origination process, explaining terms and conditions clearly.
- Ensure compliance with federal and state regulations and all relevant lending laws.
- Utilize lending and banking software to manage accounts and documentation.
- Conduct credit analysis to assess risk and make informed lending decisions.
- Collaborate with third parties and other stakeholders to facilitate smooth loan processing.
- Maintain accurate records of all transactions and communications.
- Provide ongoing support throughout the life of the loans, addressing any concerns or questions.
Requirements
- A bachelor's degree in business, finance, or marketing is preferred.
- Proven experience in loan origination or a related financial services role is preferred.
- Strong understanding of lending regulations and compliance requirements.
- Proficiency in lending software applications.
- Excellent analytical skills with a solid foundation in credit analysis and basic math.
- Familiarity with loan processing procedures is advantageous.
- Strong communication skills, both verbal and written, with a focus on customer service.
- Ability to work independently as well as collaboratively within a team environment.
- A commitment to maintaining confidentiality and integrity in all interactions.
Join our team as a Loan Officer where you can make a significant impact on our members' financial journeys while advancing your career in the financial services industry.
Job Type: Full-time
Pay: $26.00 - $31.00 per hour
Expected hours: 40 per week
Benefits:
- 401(k)
- Dental insurance
- Employee assistance program
- Employee discount
- Health insurance
- Life insurance
- Opportunities for advancement
- Paid time off
- Professional development assistance
- Tuition reimbursement
- Vision insurance
Compensation Package:
- Bonus opportunities
Schedule:
- 8 hour shift
- Monday to Friday
Experience:
- Lending regulations: 2 years (Preferred)
- Loan origination: 2 years (Preferred)
- analytical: 2 years (Preferred)
Salary : $26 - $31