Consumer Loan Officer I

Consumer Loan Officer I Syracuse, NY Job Details Full-time $22.60 - $24.00 an hour 1 day ago Benefits Health savings account Health insurance Dental insurance 401(k) Flexible spending account Paid time off Employee assistance program Vision insurance 401(k) matching Flexible schedule Life insurance Qualifications Conducting community outreach projects Deal closing Document preparation (loan closing) Spanish Report writing Compliance with loan regulations Underwriting Procedural guides Loan origination Regulatory compliance Promoting bank products Process improvement Improving operational efficiency Loan application intake Policy & process development Coordination (loan closing) Loan funds disbursement Credit union experience Promoting bank services Regulatory compliance management Entry level Community resource coordination Full Job Description Cooperative Federal is a credit union dedicated to community development, economic empowerment and social justice - for our individual members, our community, and our world. Join a dedicated team of community activists posing as bankers.

GENERAL SCOPE OF ROLE

Plan, organize, and implement lending activities pertaining to origination, underwriting, and closing of loans; perform related work as required.

Essential Functions:

Conduct loan interviews and counsel loan applicants. Provide support by phone, email, text message, and in person to applicants. Complete required loan documentation including, but not limited to, loan notes, security agreement, lien documentation, guaranty agreements, as well as all other documents when appropriate. Approve loan applications within lending authority limits. Conduct approved loan closings including ensuring all member questions are addressed, required signatures are obtained, and loan proceeds are properly disbursed. Assist other loan department team members in producing and handling correspondence to internal or external parties as needed. Prepare reports as requested. Monitor all loans for lien filing perfection and proper collateral insurance coverage. Submit required information for Collateral Protection Insurance when needed. Ensure compliance with credit union policies and procedures and with regulatory requirements. Adhere to high standards of confidentiality and honesty. Perform liaison functions between departments to ensure efficient service. Handle routine correspondence. Maintain a working knowledge of the Credit Union's data processing system and loan origination system. Refer member to other credit union products and services, as well as community resources, based on the member's financial situation and goals. Actively participate in consumer education/outreach activities including workshops, community events, and other sponsored initiatives; evening and weekend hours may be required.

General Functions:

Write or update procedures for all tasks in areas of responsibility. Make suggestions to management on ways to improve work processes. Support management in the implementation of board policies and directives. Attend trainings and meetings as required by the credit union. Undertake such other reasonable and lawful duties as may be directed from time to time by the Lending Manager or

CEO. JOB REQUIREMENTS AND QUALIFICATIONS

Qualifications Commitment to the mission of

Cooperative Federal:

fostering social equity and economic justice in Syracuse, NY by connecting all people with capital and banking services, especially in communities that have been unjustly excluded from wealth Ability to maintain cooperative working relationships with a variety of diverse members, staff, and officials At least two years of credit union or financial industry experience preferred Thorough working knowledge of the lending process from application to closing Ability to plan and organize workload; strong attention to detail is required Ability to be creative and take risks Intermediate mathematical skills required to include concepts and calculations involving decimals, percentages and fractions. Professional, well-developed interpersonal skills necessary for servicing credit union members and projecting a positive image as a representative of the credit union. Must develop a thorough understanding of applicable regulations, such as the Truth in Lending Act. Physical Requirements These physical requirements are representative of what is necessary for an employee to successfully perform the essential functions of the Loan Officer position. Reasonable accommodation can be made to enable people to perform the described essential functions. Sit, to stand, to walk, drive and to use hands and fingers. The employee is occasionally required to lift up to 15 lbs. Ability to work in a dynamic environment in close proximity to others Ability to work regular hours in a facility with environmental factors that would ordinarily be expected in a place that is open to the public

Job Type:

Full-time Pay:

$22.60 - $24.00 per hour

Benefits:

401(k) 401(k) matching Dental insurance Employee assistance program Flexible schedule Flexible spending account Health insurance Health savings account Life insurance Paid time off Vision insurance Application Question(s): What other language(s) you are proficient in?

Experience:

Loan origination: 1 year (Preferred)

Language:

Spanish (Preferred)

Work Location:

In person