Consumer Loan Officer - Full Job Description

We’re searching for a detail-oriented Consumer Loan Officer. This position will play a vital part in evaluating, authorizing approval or denial of loan applications. You will act as a liaison between customers and our financial institution, and you will help qualified applicants acquire loans in a timely manner. If you’re interested in joining a team that empowers employees, clients, and partners to help them reach their goals, apply today!

Consumer Loan Officer – Duties and Responsibilities

• Evaluate credit worthiness by processing loan applications and documentation within specified limits
• Interview applicants to determine financial eligibility and feasibility of granting loans
• Determine all applicable ratios and metrics and set up debt payment plans
• Communicate with clients either to request or to provide information
• Justify decisions (approvals/rejections) and report on them
• Complete loan contracts and counsel clients on policies and restrictions
• Update job knowledge on types of loans and other financial services
• Maintain and update account records
• Assess customer needs, explore all options and introduce different types of loans
• Develop referral networks, suggest alternate channels and cross-sell products and services to accomplish quotas
• Go the “extra mile” to build trust relationships, customer loyalty and satisfaction throughout the underwriting process
• Οperate in compliance with laws and regulations and adhere to lending compliance guidelines

Consumer Loan Officer - Qualifications

• Proven working experience as a Loan Officer
• Familiarity with computers and banking applications/software
• Solid understanding of direct/indirect lending products and practices
• Excellent communication and interpersonal skills
• Customer satisfaction orientation and sales competencies
• Ability to work in a goal oriented environment

Benefits:

• Health Insurance
• Dental Insurance
• Vision Insurance
• Teledoc Services Available
• Health Savings Accounts and Flexible Spending Accounts
• Company Paid Life Insurance
• Company Paid Disability Insurance
• 401(k) Program with Company Match
• Paid Time Off
• Paid Holidays
• Employee Assistance Program
• Employee Perks and Discounts
• Advancement Opportunities
• Tuition Reimbursement

Schedule:

• 8 hour shift
• Monday to Friday
• Some periodic events outside of normal business hours (chamber, business development, etc.)