What are the responsibilities and job description for the Consumer Lender position at United Bank of Southwest Alabama & Northwest Flori?
JOB FUNCTION / SUMMARY:
The Consumer Lender is responsible for originating and managing a range of lending products, including personal loans, home loans, auto loans, and business loans. They work closely with individual and business clients to assess their financial needs, offer tailored loan solutions, and guide them through the application process. For business loans, the Consumer Lender helps small businesses secure financing for growth, working capital, equipment, and other business-related expenses.
The role includes conducting thorough financial assessments, reviewing credit reports, explaining loan terms, and ensuring compliance with relevant regulations and company policies. The Consumer Lender collaborates with underwriters, credit analysts, and other internal teams to ensure timely loan approvals and successful closings, maintaining a high level of customer satisfaction. Building and nurturing long-term relationships with clients is key, while also driving new business opportunities.
PRIMARY DUTIES & RESPONSIBILITIES:
- Reviews loan applications, analyzes financial information, evaluates collateral, and determines creditworthiness
- Makes appropriate credit decisions, underwrites loans within approved lending authority, and recommends loan approval to higher authority, when needed.
- Ensure accurate and complete documentation for loan approvals.
- Provide personalized financial solutions based on customer needs.
- Educate customers on loan products, terms, and repayment options.
- Maintain long-term relationships with clients to promote loyalty and repeat business.
- Proactively identify referral opportunities for banking products such as credit cards, deposit accounts, and insurance.
- Maintains an active role in the community and develop relationships with local businesses, realtors, and auto dealers to generate referrals.
- Meet or exceed loan production goals and branch sales objectives.
- Adhere to all banking policies, regulatory guidelines, and lending procedures.
- Ensure loans comply with underwriting guidelines and risk assessment standards.
- Monitor loan performance and resolve any delinquent accounts.
- Any additional duties as assigned by Management.
