What are the responsibilities and job description for the Business Services Associate 1 position at Oklahoma's Credit Union?
ABOUT US:
Oklahoma's Credit Union has been happy to help Oklahomans for over 60 years. From the beginning, OKCU has sought to keep people economically independent by helping them learn to save and borrow responsibly. We have over half of a billion dollars in assets and employ over 135 people. OKCU offers branch access at over 91 locations across Oklahoma and over 5,000 locations nationwide. We serve over 46,000 people who enjoy benefits such as low or no fees on services, higher rates on deposits, and low rates on home or auto loans.
At OKCU, we are happy to guide you through a comprehensive training program to find a career path that works for you. Experience a robust benefits package and have a little fun along the way.
ABOUT YOU:
You really care about helping people in your community. You are always thinking of ways to make your job or life easier. You are the kind of person who likes to be held accountable, you don't want to leave anyone hanging! You love helping people do more with their money. You enjoy a happy place to work.
Join a community that puts people first, not profits. Want to learn more about who we are and what we're about? Take a look at what's important to us and hopefully it's important to you, too.
VISIT:
- okcu.org
- facebook.com/OklahomasCU
- instagram.com/oklahomascreditunion
- linkedin.com/company/oklahomascu
- twitter.com/OklahomasCU
- youtube.com/user/MyOECU
This position is located at our Capitol Branch, 3001 N Lincoln Blvd, OKC 73105.
ESSENTIAL FUNCTIONS:
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Provide outstanding member service and contribute to overall team effort.
- Prepare financial spreads and assist with credit presentations.
- Working knowledge of commercial entity documentation including required documents for LLC’s, Corporations, and DBA’s.
- Working knowledge of working with title companies, Secretary of State, and appraisal companies, among other as required.
- Review business loan application checklists and collect additional documentation as needed.
- Process business loans according to processing checklists, including all aspects of business auto loans.
- Work with clients to establish new accounts as needed, including savings, certificates, checking, debit cards, checks, statements, online banking, bill pay, and merchant and payroll services.
- Complete scheduled annual reviews and guidance line renewals.
- Maintain assigned department reports and files.
- Monitor construction loan inspections, update draw sheets, facilitate draw requests with borrowers and staff, and verify liens weekly.
- Monitor covenant tracking, and follow up with insurance companies to acquire and archive valid property insurance weekly.
- Manage payoff requests, including producing statements upon request, processing payoffs upon receipt and releasing mortgages monthly.
- Serve as the backup to coordinate for the Business Loan Committee; maintain agenda and minutes.
- Respond to loan and account inquiries upon request.
- Conduct and participate in additional projects as assigned.
- Ensure confidentiality regarding member transactions and information.
- Ensure compliance with all credit union policies and procedures
OTHER DUTIES
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.
EDUCATION AND EXPERIENCE:
- Bachelor’s degree in a related field; or
- Three years of experience in business lending/banking management or in a similar position
WORK ENVIRONMENT:
This position operates in a bank branch office. It is a professional environment. This role routinely uses standard office equipment such as computers, phones, photocopiers and filing cabinets. The noise level is typically moderate.
PHYSICAL DEMANDS:
While performing the duties of this job, the employee is regularly required to talk or hear. This position requires manual dexterity, the ability to lift files and open filing cabinets. This is mainly a sedentary position.
BENEFITS FOR ALL ELIGIBLE EMPLOYEES:
- 401(k) contribution match of up to 3%, plus additional profit-sharing match of 3%
- Volunteer opportunities to serve the community
- Gym membership reimbursement
- Comprehensive training opportunities
- And much more
Oklahoma's Credit Union is an EEO/AAP employer.
