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Job Description
Consumer Loan Specialist 3.4 3.4 out of 5 stars 1614 East Day Road, Mishawaka, IN 46545 Full-time Notre Dame Federal Credit Union 20 reviews Full-time Notre Dame Federal Credit Union humbly began in 1941 as a conversation between two professors from the University of Notre Dame. Now, over 75 years later, we have grown into a national, award-winning financial institution serving over 56,000 members worldwide. We consider our partners (employees) to be one of our greatest assets to this success. We strive to make great things happen for our members and partners by changing one life every day. If you share that same passion for making an impact on someone's life, you should apply to join the Notre Dame FCU family.
PRIMARY FUNCTION
Provides administrative assistance in the retail lending department for both consumer and real estate loans. This position assists in preparation of loan documents, checks for errors, and gathers important information as necessary for successful loan documentation preparation.
ESSENTIAL DUTIES & RESPONSIBILITIES
This position must effectively carry out the essential duties of this position in a manner that consistently demonstrates the core values of Notre Dame Federal Credit Union in a positive manner. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The duties identified below are the essential functions of the position and other duties may be assigned. Prepares final loan documents accurately and in a timely manner for funding of all consumer and real estate loans. Review and mail all proofs of titled collateral insurance to Allied for tracking on a weekly basis. Monitor and log properties in flood zones; ensure HOI provided at closing shows appropriate coverages. Disburse funds on all real estate secured consumer loans. Provides follow up documents and other correspondence to the lender(s). Processes HELOC mortgage filings and releases, Indiana RREAL filing and early disclosures as a back-up to the HELOC Specialist or other Lending Support Specialists as needed. Establishes membership, application and funding of RateGenius loan requests. Assists departmental staff in efficiently and effectively processing the various activities involved in credit granting, and performs such additional duties as might be assigned from time to time. Perform all loan support duties such as: disburse checks, record/release liens and mortgages as well as other various lending clerical duties. Write and mail maturing Primequity member correspondence; prepare for electronic filing of letter to member online file. Responsible for creating, organizing, and tracking consumer and mortgage loan files in electronic format. Provide assistance to lenders by obtaining all information necessary to complete transactions including preparing correspondence, envelopes, filing lien instruments, maintaining records of filings, attending to the renewal or release of filings/liens, notification of credit denial, and any other transactions required by Credit Union lending policy, regulation, or standard business practice. Assist in regulatory and policy compliance requirements, which would include those efforts in compliance with Bank Secrecy Act (BSA), Office of Foreign Asset Control (OFAC) and Anti-Money Laundering (AML) Regulations, and other compliance related Policies. Operates the Credit Union's financial and loan processing software systems. Assists departmental staff in efficiently and effectively processing the various activities involved in credit granting, and performs such additional duties as might be assigned from time to time. Responsible for the orderly egress and ingress of files from the File Room to maintain security and keeping track of files.
SUPERVISORY RESPONSIBILITIES
No requirement.
PERFORMANCE STANDARDS
Performs functions in an accurate and timely manner. Professional in appearance and attitude. Utilizes interpersonal skills effectively in a team environment.
QUALIFICATION REQUIREMENTS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
EDUCATION AND/OR EXPERIENCE
High school diploma or general education degree (GED). Two to five years' experience primarily derived from prior experience working with loan documentation with a financial institution. Associate's degree in finances or business a plus but not necessary.
LANGUAGE SKILLS
Ability to read and comprehend instructions, correspondence, and memos. Ability to read and interpret documents such as Loan Agreements and debt obligation documents including all documents required to perfect liens and file documents. Ability to write correspondence, routine reports and complete documents required. Must have ability to effectively present information in one-on-one situations to members of the organization.
MATHEMATICAL SKILLS
Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals as well as the ability to compute rate, ratio, and percent is needed.
REASONING ABILITY
Ability to apply common sense understanding to carry out detailed but uninvolved written or oral instructions. Ability to deal with problems involving a few concrete variables in standardized situations.
OTHER SKILLS & ABILITIES
Ability to operate general office machines and equipment such as, photocopier, fax machine, personal computer and printers required. Ability to effectively utilize programs such as Excel and other productivity software. Keyboard proficiency and accuracy is necessary. This position must be well organized, detail-oriented, and possess the ability to multi-task.
PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by a partner to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the partner is regularly required to use hands to finger, handle or feel objects, tools, or controls and talk and hear. The partner frequently is required to walk and sit. The partner is occasionally required to stand, reach with hands and arms and stoop, kneel, crouch or crawl. Specific vision abilities required by this job include close vision, peripheral vision, and the ability to adjust focus. The partner must occasionally lift and/or move up to 15 pounds.
MENTAL DEMANDS
The partner is frequently required to use alertness, precision, resourcefulness, problem solving, numeric, persuasiveness, auditory perception, memory, creativity, concentration, judgment, writing ability, reading ability, reasoning, imagination, initiative, patience, visual perception, comparing and analyzing.
WORK ENVIRONMENT
The work environment characteristics described here are representative of those a partner encounters while performing the essential functions of this job. The noise level in the work environment is usually quiet to moderate.
REGULATORY COMPLIANCE & CONFIDENTIALITY
Follows regulatory and policy compliance requirements, which would include those efforts in compliance with Bank Secrecy Act (BSA), Office of Foreign Asset Control (OFAC) and Anti-Money Laundering (AML) Regulations, and other compliance related Policies. Also, this position requires maintaining confidentiality with regard to non-public information about our members and Notre Dame Federal Credit Union.
