What are the responsibilities and job description for the Personal Loan Analyst position at Liberty Bank - CT?
At Liberty, we strive to maximize our impact and exceed goals by investing in our teammates to deepen our relationships in the workplace and communities we serve. We take pride in promoting a socially responsible and sustainable future through initiatives and investment.
SUMMARY OF THE JOB:
We are seeking a detail-oriented and proactive Personal Loan Analyst to join our Retail Lending team. This role involves managing a pipeline of unsecured loans, ensuring compliance with product guidelines, and working closely with customers to facilitate the loan closing process. The ideal candidate will have a strong understanding of loan products, excellent customer service skills, and the ability to identify and mitigate fraud and other risks.
ESSENTIAL FUNCTIONS:
Acts affirmatively in all activities under his/her control in conformance with the Bank’s Affirmative Action, Equal Employment Opportunity, and Fair Lending Programs to achieve the Bank’s goals and objectives. The Bank shall provide equal employment opportunity to all qualified persons, and continue to recruit, hire, train and evaluate persons in all jobs without regard to race, color, religion, sex, national origin, or veteran status.
Liberty Bank is an Equal Opportunity employer. It is the policy of Liberty Bank to provide equal employment opportunities to all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran or disabled status, or genetic information.
SUMMARY OF THE JOB:
We are seeking a detail-oriented and proactive Personal Loan Analyst to join our Retail Lending team. This role involves managing a pipeline of unsecured loans, ensuring compliance with product guidelines, and working closely with customers to facilitate the loan closing process. The ideal candidate will have a strong understanding of loan products, excellent customer service skills, and the ability to identify and mitigate fraud and other risks.
ESSENTIAL FUNCTIONS:
- Review and Manage Loan Pipeline: Oversee a pipeline of unsecured loans, ensuring timely processing and follow-up to meet closing deadlines.
- Understand Product Guidelines: Maintain a thorough understanding of unsecured loan product guidelines and ensure all loans comply with these standards.
- Customer Interaction: Work directly with customers to gather necessary documentation, answer inquiries, and provide updates on loan status.
- Loan Closing: Coordinate with various departments to ensure all conditions are met for loan closing, and facilitate the closing process.
- Risk Identification: Identify potential fraud and other risks associated with unsecured loans, and take appropriate actions to mitigate these risks.
- Compliance: Ensure all loan processing activities adhere to regulatory and company compliance standards.
- Documentation: Accurately document all loan processing activities and maintain organized records for audit purposes.
- Continuous Improvement: Stay updated on industry trends and best practices to continuously improve loan processing efficiency and effectiveness.
- Education: Bachelor’s degree in finance, business, or a related field.
- Experience: Minimum of 2 years of experience in loan processing or a related role, preferably with unsecured loans.
- Skills:
- Strong analytical and problem-solving skills.
- Excellent communication and customer service skills.
- Attention to detail and high level of accuracy.
- Ability to work independently and as part of a team.
- Proficiency in loan processing software and Microsoft Office Suite.
- Knowledge: In-depth knowledge of unsecured loan products and regulatory compliance requirements.
- General Office Equipment
- Keyboard Dexterity
- Prolonged Sitting
Acts affirmatively in all activities under his/her control in conformance with the Bank’s Affirmative Action, Equal Employment Opportunity, and Fair Lending Programs to achieve the Bank’s goals and objectives. The Bank shall provide equal employment opportunity to all qualified persons, and continue to recruit, hire, train and evaluate persons in all jobs without regard to race, color, religion, sex, national origin, or veteran status.
Liberty Bank is an Equal Opportunity employer. It is the policy of Liberty Bank to provide equal employment opportunities to all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran or disabled status, or genetic information.
