Loan Officer

POSITION PURPOSE

The Loan Officer performs activities related to decisioning loan requests with the goal of achieving the optimal outcome for the Credit Union and the Borrower, working within established lending authorities, exception guidelines, and regulatory requirements. They are responsible for consumer and real estate lending.

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ESSENTIAL FUNCTIONS AND BASIC DUTIES

· Evaluate borrower needs & to discuss appropriate loan products. Take loan applications in person or over the phone and obtain related documentation, as well as pre-qualify loan applications and issue pre-approval notifications as necessary. Demonstrate a positive attitude to build new and maintain existing relationships.

· Develop relationships with centers of influence (realtors, attorneys, accountants), and other referral sources for the purpose of increasing loan business.

· Cross-sell and refer other Credit Union products, as appropriate, and introduce new borrowers to the Manager of the branch most convenient to the borrower’s property address.

· Consistently demonstrate effective and appropriate verbal and written communication skills.

· Ensure all files and data input meet compliance and regulatory guidelines.

· Input loan data into various processing and underwriting systems

· Monitor individual pipeline of applications that are placed into processing.

· Assist with the evaluation of current procedures and workflow changes and the implementation of those changes, as requested.

· Assist borrowers with problems or questions regarding lending services.

· Establish a close working relationship with other loan department personnel to ensure an efficient flow of files and member service.

· Stay informed of competitors’ programs as well as external market trends relating to lending.

· Participate in promotions, activities, and other campaigns as requested.

· Work with the Marketing Department on initiating various activities to increase business.

· Complete consumer and commercial mortgage transactions

· Open new member accounts, as needed, to assist the MSR line.

· Perform any other duties as assigned

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PERFORMANCE MEASUREMENTS

1. Policies, goals, and procedures are established which further the strategic plans and objectives supporting the mission and vision of the Board of Directors of MC Federal Credit Union.

2. Profit growth goals are met or exceeded. Expenses are controlled and well managed.

3. Ability to have effective open communications with all levels of the organization.

4. Be accountable by taking ownership of member issues and responsibility for one’s actions.

5. Foster teamwork by cooperating and collaborating with other employees.

6. Conducts oneself with integrity by being honest, trustworthy, and ethical in all work activities and interactions.

7. Work with a service orientation by having a genuine concern for the needs of one’s members and by being friendly, professional, and following through on commitments.

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QUALIFICATIONS

EDUCATION/EXPERIENCE:

· Bachelor’s Degree from a four-year college or equivalent experience

REQUIRED KNOWLEDGE:

· A proven track record of successful loan sales production

· Working knowledge of the Microsoft Office

· Active Mortgage Loan Originator registration with the NMLS preferred.

SKILLS/ABILITIES:

· Excellent written and verbal communication skills

· Excellent organizational, analytical, and problem-solving abilities

· Strong member service skills

· Dedicated work ethic with personal and professional integrity

· Ability to undertake and complete multiple tasks, meeting deadlines

· Strong desire to improve the lives and financial wellbeing of our diverse membership

· Commitment to the credit union philosophy of “People Helping People”

Job Type: Full-time

Pay: $18.00 - $22.22 per hour

Expected hours: 40 per week

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Employee assistance program
• Flexible spending account
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Compensation Package:

• Bonus opportunities

Schedule:

• 8 hour shift

Experience:

• Lending: 1 year (Preferred)

License/Certification:

• MLO License (Required)

Ability to Commute:

• Danville, PA 17821 (Required)

Ability to Relocate:

• Danville, PA 17821: Relocate before starting work (Required)

Work Location: In person

Salary : $18 - $22