Loan Officer

Illinois Educators Credit UnionSpringfield, IL
18dOnsite

About The Position

Our members come from all different walks of life and so do we. We hire great people from a variety of backgrounds in experience and education to make our Credit Union strong. We stand strong in our beliefs of making members' money, saving members' money and saving members' time. See why a Credit Union is better at IECU. Your Role... The Loan Officer position has an important role in working with our members to help reach their financial goals. This position will work with members through the loan process and researching loan product options. Analyze applications and communicate decisions with borrowers. Ensure required documentation and procedures are completed throughout the loan process.

Requirements

  • 1-3 years of similar or related experience
  • Possess interpersonal and communication skills to meet with members requiring a high degree of confidentiality related to financial goals
  • Be able to self direct and manage multiple tasks
  • Strong written and verbal communication skills
  • Understanding of lending terms
  • Working knowledge of Microsoft Office and industry software
  • Associates degree or recognized industry certifications as equivalent

Nice To Haves

  • Experience in Indirect Lending and Home Equity experience
  • Bachelor's degree in Business or related field preferred

Responsibilities

  • Assist members with memberships, communicating Credit Union lending products and assisting in the loan application process.
  • Analyze credit history and complete process for lending approval/denial decisions.
  • Ensure that clear communications of the loan process with borrowers.
  • Complete documentation needed to comply with procedures and policies related to Department best practices.
  • Meet with members in person, by telephone or virtually to assist with lending inquiries.
  • Actively work to develop business leads with a variety of contacts.
  • Perform other duties as assigned to support the department activities

Benefits

  • 401k Retirement/Matching Program with up to 4% matching
  • Paid Holidays- Federal Banking schedule
  • Paid Time Off - accrual monthly
  • Health/Dental/Vision Insurance - eligible 1st of month after 60 days
  • Life/Disability Insurance - eligible 1st of month after 60 days
  • Tuition Reimbursement on pre-approved work related coursework
  • Infant-To-Work Program
  • Wellness Program
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