Demo

Teller/Loan Processor

Materion Federal Credit Union
Elmore, OH Full Time
POSTED ON 12/29/2023 CLOSED ON 1/18/2024

What are the responsibilities and job description for the Teller/Loan Processor position at Materion Federal Credit Union?

This position is for a teller with loan processing duties. M-F (NO SATURDAY), benefits are amazing:

For employee:

Paid Health Insurance, HRA, Vision, Dental, Retirement Match, Paid Vacation, Paid Holidays, Paid PTO, STD, LTD, Life

Teller duties, opening, closing, managing credit union accounts. Responsible for interviewing and evaluating applicants for routine loans and processing loan applications. Gather background information and analyze loan applicants’ credit history. Approve loan applications within guidelines based on analysis. Operate with moderate credit authority. Provide information on credit union products and services to members in accordance with credit union policies and procedures.

Essential Functions

1. Gather background information on loan applicants by interviewing loan applicants and obtaining credit bureau reports.

2. Assist members with the loan application process to ensure completeness of information.

3. Pull credit reports for all accounts, verify debts, and estimate monthly payments.

4. Calculate debt-to-income ratios on loan applicants.

5. Calculate how much of a loan applicant’s debt is secured or unsecured.

6. Determine collateral needs and payment plans for members applying for loans.

7. Approve loan application within set guidelines.

8. Complete loan documents and disburse loans when approved.

9. When a loan is denied, explain reasons for denial in a professional, courteous manner. Work with members to provide recommendations or alternative options for other possible ways to secure a loan in the future.

10. Cross-sell lending and other credit union products.

11. Back-up on the teller line is a core responsibility.

Qualifications

Education equivalent to a high school diploma required.

Job Type: Full-time

Pay: $15.00 - $19.71 per hour

Benefits:

  • 401(k)
  • Dental insurance
  • Health insurance
  • Paid time off
  • Vision insurance

Experience level:

  • Under 1 year

Physical setting:

  • Office

Schedule:

  • 8 hour shift

Ability to commute/relocate:

  • Elmore, OH 43416: Reliably commute or planning to relocate before starting work (Required)

Experience:

  • Customer service: 1 year (Preferred)

Work Location: In person

Salary : $15 - $20

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