What are the responsibilities and job description for the Loan Officer position at Northern Valley Federal Credit Union?
Job Overview
We are seeking a detail-oriented and organized Loan Officer to join our team. The ideal candidate will play a crucial role in facilitating the loan application process, ensuring all documentation is accurate and compliant with industry regulations. This position requires a strong understanding of financial services, particularly in Home Equity Mortgage servicing and loan origination, as well as excellent analytical skills.
Duties
- Review and verify loan applications for completeness and accuracy.
- Gather necessary documentation from applicants, including income verification and credit history.
- Conduct credit analysis to assess borrower eligibility and risk.
- Ensure compliance with Fair Housing regulations and other relevant laws.
- Communicate effectively with clients, providing updates on the status of their applications.
- Track Insurances, Titles and filing UCC
- Teller duties, Member Service duties and other misc. duties.
Skills
- Strong knowledge of financial services, particularly in Home Equity Mortgage servicing and loan origination.
- Must have NMLS License
- Proficient in basic math skills for accurate financial calculations.
- Excellent analytical skills for conducting thorough credit analysis.
- Ability to navigate Fair Housing regulations effectively.
- Strong attention to detail and organizational skills to manage multiple applications simultaneously.
- Effective communication skills, both written and verbal, to interact with clients and team members.
Join are Credit Union Team where your expertise will contribute significantly to our mission of providing exceptional service to our members while ensuring compliance with industry standards.
Job Type: Full-time
Pay: $22.00 - $25.00 per hour
Expected hours: 40 per week
Benefits:
- 401(k)
- Dental insurance
- Health insurance
- Paid time off
- Vision insurance
Schedule:
- 8 hour shift
Experience:
- Loan officer: 3 years (Required)
License/Certification:
- NMLS License (Required)
Ability to Commute:
- Grand Forks, ND 58201 (Required)
Work Location: In person
Salary : $22 - $25