What are the responsibilities and job description for the Loan Officer - Earn up to $60-75k+ per year position at Liberty First Credit Union?
Job Description
Job Description
Job Title – Loan Officer – Earn up to $60-75k per year
Our Loan Officers serve our members by providing and promoting prudent borrowing and saving activities and being sensitive to all of the members' financial needs by creating an awareness of all credit union services. Associates in this role will make lending decisions based on an analysis of application(s) and approve / deny or where possible. They will also offer assistance in restructuring investments and / or debt. Developing trusting relationships with members to build a strong referral business is key. Other duties include :
- Conduct interviews gathering background information for all product applications through multiple channels while maintaining member confidentiality.
- Provide financial counseling based on results of interviewing to approve or deny member deposit or consumer lending products within product guidelines.
- Operate with a sense of urgency and apply a solutions-based approach.
- Cross sell “all” credit union products / services to provide financial needs for new and current members.
- Take ownership of member services and provide appropriate solutions.
- Be a champion of opportunities and recognize moments where we can provide the highest level of service to our members.
- Develop a working knowledge of competitors’ products / services with a continued interest in improving and maintaining quality services and products for the credit union.
- Maintain knowledge of all state and federal regulations that are applicable to the transactions performed in the deposit / lending areas to stay in compliance.
- Maintain knowledge of rate and terms of all products and how to provide quotes to stay in compliance ensuring adherence to underwriting guidelines.
Job Requirements
Work Hours
Full-time. Monday – Friday plus Saturday rotation.
Location
Lincoln, NE
Wage - Earn up to $60-75k per year!
Base Hourly Wage -$20 -$26 per hour ($41,600 - $54,080 per year)
Incentives – Generally $500 - $1500 per month ($6,000 - $18,000 per year)
Paid monthly on completed transactions, there is no draw or guarantee
Eligible for a discretionary gain-share plan payment annually
Eligible for a base wage increase annually as part of a merit performance review
LFCU BENEFITS AND OTHER PROGRAMS
Insurance Benefits
Retirement Plan – LFCU contributes 5% of associate earnings to Profit Sharing. LFCU matches 50% up to 5% of associate’s 401(k) contributions.
Gain Share Plan - Reviewed and approved by the Board annually, this plan rewards employees when the credit union achieves above average performance. Employees are also rewarded based on their level of performance and contributions to the success of the credit union.
Paid Leave
Additional Programs
hc152491
Salary : $6,000 - $18,000
