Loan Officer

To be considered for employment, SWMCFCU requires a full application and resume

To apply directly visit https://www.swmcfcu.org/about/careers for our online application

Salary DOE and Open Until Filled.

Job Summary:

The Loan Officer is responsible for soliciting, negotiating, underwriting and coordinating the closing of moderately complex consumer, residential, equipment, commercial building and business loans in compliance with Southwest Montana Community FCU's lending policies and procedures; develops relationships with members; and promotes business for the Credit Union by maintaining good customer relations and referring members to appropriate staff for new services. The position of Loan Officer Il assists in attaining established Credit Union goals through active participation in sales management and marketing of the Credit Union’s services and products. Courses and training may be required.

Essential Duties, Responsibilities and Expectations (includes the following, other duties may be assigned):

• Meets with members to gather information and advises on loan products.
• Evaluate loan applications and documentation
• Analyze financials, property evaluations, credit reports and other variables for loan approval.
• Maximize Credit Union profitability through the appropriate pricing of new loan originations, fee income and selling of bank products and services.
• Negotiate terms, structure loan financing based on risk considerations and present credits for approval to appropriate levels of authority as needed.
• Approve loans or deny loans and follow processes for each.
• Review agreements for accuracy.
• Promote additional insurance or other products to members.
• Conduct internal loan reviews.
• Perform month end tasks such as matured loan modifications and credit bureau reports.
• Handle and negotiate delinquencies.
• Work with members to resolve complaints and other issues.
• Maintain an up-to-date and comprehensive knowledge on all credit union products and services, this includes answering basic member inquiries regarding interest rates, service charges and account histories while complying with disclosure requirements, regulations and consumer privacy policies. Coordinate with other departments and refer members to departments/personnel providing specialized services as necessary.
• Maintain an up-to-date comprehensive knowledge and abide by all Credit Union related policies, procedures, rules and regulations, including but not limited to Bank Secrecy Act, Fair Lending, Know Your Member, robbery, safety and security procedures.

• Follow all credit union policies and procedures.
• Represent the credit union in a positive and professional manner with all people including fellow employees, members, management, board members and outside vendors.
• Attends and participates in meetings as required.
• Completes required courses as assigned for ongoing compliance and continuing education.
• Report to work on time each scheduled day.

Qualification Requirements:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Bachelor’s degree in business or finance
• 2 yrs. minimum experience in lending
• 3 yrs. experience in a financial institution or SWMCFCU
• Equivalent combination of education and experience
• Related work experience may substitute for education

Certificates, Licenses, Registrations

• Bondable with CUMIS
• Notary (have or attain within 6 months of job/position acceptance)
• NMLS Registration (or attain within 6 months of job/position acceptance)
• Valid/Unexpired Driver’s License

Job Type: Full-time

Pay: $45,000.00 - $65,000.00 per year

Benefits:

• 401(k) matching
• Health savings account
• Life insurance
• Vision insurance

Schedule:

• 8 hour shift
• Monday to Friday

Work Location: In person

Salary : $45,000 - $65,000