Consumer Loan Officer

Consumer Lender

Summary

The Consumer Lender originates consumer loans and manages the entire loan origination process. Underwrites loans, analyzes financials, and has strong analytical and problem-solving skills. This role will have extensive contact with customers, vendors, the public, and bank staff and will interact in a professional and courteous manner and conduct him/herself in such a relationship in a manner that will enhance the overall efficiency and image of the bank.

All compensation offers are analyzed individually and take into consideration multiple factors including but not limited to years of experience, and educational background.

DUTIES AND RESPONSIBILITIES:

• Well versed with Personal Loans, Auto Loans, HELOC’s, and RE Term Loans.
• Primary focus is underwriting all consumer products. Additional duties include extensions and change in term requests which meet established lending requirements and provide maximum profitability to the bank with a minimum of risk. Approve, decline, or counteroffer loan applications within set lending authority.
• Gathers financial information for underwriting, prepares personal cashflow worksheets, provides information to generate loan disclosures/documentation, evaluates repayment ability, collateral adequacy, analyzes credit reports and confirms documentation requirements are met.
• Understands complex self-employed income, ability to read and understand individual and business tax returns, audited, or reviewed financial statements, and company prepared profit and loss statements, balance sheets, and statement of cash flows and completes loan servicing activities.
• Familiarity with loan credit life and disability insurance products and the ability to communicate the benefit of these products to customers.
• Responsible for communication on loan decisions including the ability to discuss loan denials, loan alternatives and rate computation in a clear, concise, and courteous manner.
• Identify and develop potential new customer relationships. Maintain and develop an ongoing relationship with current customer base. Continuously project an image of professional and concern in dealings with the public by providing superior and external customer service.
• Meet or exceed loan production goal as set annually by manager in conjunction with goals set for KCB Bank.
• Responds to customer inquiries, conducts application interviews, and conducts loan closing. Orders and reviews for accuracy initial loan disclosures, orders and reviews loan documents for accuracy, reviews title work and clear requirements, reviews insurance coverage for new and existing loans.
• Works closely with Loan Admins to properly document and maintain loan and collateral files.
• Attends loan committee as required, with ability to provide structural feedback to the committee.
• Complete loan monitoring through tracking loan maturities, prepare needs list and communicate with borrowers to obtain timely collection of financial information.
• Monitor past due loan report and assist with collection efforts.
• Registers with NMLS and maintains registration per SAFE Act requirements.
• Ensures compliance with bank standards and practices, State and Federal rules and regulations as applicable to the position, including, but not limited to BSA/AML, ECOA/Reg B, HMDA, CRA, OFAC, and GLBA/privacy rules.
• Participate in Community and Bank-sponsored activities that serve and support the core values of KCB Bank.
• Other duties as assigned.

QUALIFICATIONS:

• Two to five years’ experience in Lending Department preferred
• Three to five years’ banking experience preferred

KNOWLEDGE, SKILL, ABILITY:

• High level computer skill with working knowledge of word processing, spreadsheets, ten-key, and general computer applications
• Ability to apply logical or critical thinking to define problems, collect data, establish facts, and draw conclusions
• Ability to work both independently and in a team environment
• Communicate effectively both verbally and in writing with others in a clear, thorough and timely manner
• Demonstrate a high level of organization, ability to prioritize and multi-task with attention to detail and accuracy, manage multiple projects, demonstrate self-motivation and ability to follow through with tasks
• Exhibit a professional manner in dealing with others; work to develop and maintain cooperative and positive working relationships; represent the bank in a positive manner and maintain credibility with others

We are an Equal Opportunity Employer and qualified applicants or employees will receive consideration for employment without regard to race, color, religion, national origin, sex (including pregnancy), sexual orientation, gender identity, mental or physical disability, genetic information, protected veteran status, or any other category protected by applicable federal, state or local laws.