Job Description
Why Straits Area Federal Credit Union?
Make an Impact
We value giving back to the community as much as we value creating a great experience for our members.
Build Your Career
We're committed to providing employees with the tools & resources necessary to succeed, and we promote from within whenever possible.
Work-Life Balance
Nights and more holidays off so you can spend more important moments with your family and loved ones.
Invest in You
Learn valuable skills that will not only help you grow professionally, but personally.
Generous Benefits Package
With paid vacation, sick time, substantial 401 contributions and health insurance at no additional cost, we make sure our employees are well taken care of.
Join an Amazing Team
Team work makes the dream work - join a fun, hard-working team that will support you and help achieve SAFCU's vision.
Why join Straits Area Federal Credit Union?
Here at SAFCU, we take pride in giving our members the best experience and service available. In order to achieve our goal, we understand that it starts with our employees. For this reason, we have created an atmosphere that allows each employee to reach their highest potential and set them up for success in the future.
Purpose of a loan officer
Effectively establish relationships with members, identify their needs and wants, then offer appropriate solutions in a way that exhibits value along with the risks and benefits
Duties of a loan officer
Processes loan and/or visa applications by evaluating applicant information and documentation either in person or electronically.
Consult with members about their lending needs to help them achieve their goal while analyzing their credit worthiness.
Evaluate loan applications and documentation and requests any other documentation that may be needed in making a solid loan decision.
Prepare notes regarding the loan application and submit timely and accurate loan applications to the underwriter(s) for review.
Collect closing information that is needed for the closer to be able to close the loan in a timely manner.
Help customers by answering questions and responding to requests.
Maintain member confidence by keeping loan information confidential.
- Promote loan products and meet monthly loan goals.
- Maintain knowledge of lending regulations, the economy and rates
Loan Officer Qualifications & Skills
Negotiation skills
Willingness to ask difficult questions
Working under pressure
Multitasking many applications at one time
Strong computer skills
Willingness to learn new programs
Excellent written and verbal communication skills
- Ability to work both in a team and independently
Certifications
Credit Life and Credit Disability Insurance as well as Financial Counseling. These are not required to have before hiring and will be provided to you through the Credit Union.
Benefits of working at Straits Area Federal Credit Union
• Competitive pay with opportunities for annual raises, promotions, and bonuses
• Substantial 401k contributions
• Free individual health insurance
• Promote from within whenever possible
• We value making an impact in the community with involvement in many different events/organizations