Loan Officer - Mason Branch

MSU Federal Credit Union • Mason, MI

8d • Onsite

About The Position

The Loan Officer is responsible for interviewing applicants, analyzing credit reports, and recommending lending solutions that align with members’ financial needs. They ensure accurate documentation, regulatory compliance, and timely loan processing while promoting the Credit Union’s products and digital services. The role involves proactive outreach, fraud detection, and achieving performance goals. As experience grows, responsibilities expand to include complex financial analysis leading training and service‑improvement initiatives and supporting peers in the absence of leadership.

Requirements

• High School Diploma, GED or equivalent.
• Availability to work during branch hours (Full time up to 40 hours per week and Part time up to 29 hours per week), including Saturdays, and to support other locations to meet needs across the branch network.
• This position requires experience within financial services, banking, or lending environments, including demonstrated knowledge of financial products and services, as well as familiarity with lending regulations, compliance standards, and operational processes.
• Communicate
• Navigate Change & Evolve
• Solve Problems & Make Decisions
• Plan, Prioritize, and Achieve
• Collaborate
• Member Sales - Effectively leverages opportunities and generates leads to cross-sell products and services with integrity, supporting member needs while achieving individual, department, and organizational goals.
• Superior Service - Prioritizes and acts on the needs of members and employees. Sets the tone and establishes rapport. Acknowledges and clarifies while committing and providing guidance. Summarizes and closes the interaction positively.
• Product Knowledge - Demonstrates knowledge of products, services, and relevant details offered or supported within the position.
• Adherence to Procedures - Includes knowledge of relevant external and internal policy and compliance procedures.
• Initiative - Takes proactive and prompt action to accomplish work goals. Takes action to achieve results beyond requirements.
• Conflict Resolution - Works effectively through an antagonistic situation to minimize relationship damage and promote shared goals. Uses appropriate interpersonal methods to reduce tension or conflict and facilitate agreement.
• Systems Knowledge - Demonstrates knowledge of specific Credit Union programs and applications and successfully navigates these systems.
• Detail Orientation - Ensures information is complete and accurate. Adheres to processes as outlined. Follows up to ensure quality and completion of work.
• Teamwork - Works well with internal and cross-functional teams to achieve individual, team, department, and/or organizational goals. Values diverse perspectives and working with others to achieve the best outcome possible.
• Self-Awareness - Self-reflects on behavior and how emotions affect others. Situationally modifies behavior to improve outcomes and build relationships. Knows, leverages, and displays strengths and vulnerabilities.
• Creativity and Innovation - Thinks beyond the confines of traditional models to recognize opportunities and identify new and better processes. Encourages experimentation and accepts failure as a driver of innovation.
• Mentorship - Helps others build awareness, confidence, and resources necessary to fulfill their potential, regardless of reporting relationship.

Responsibilities

• Actively listen to uncover each member’s stated and unstated financial needs, conduct a comprehensive analysis of their financial profile, and recommend tailored solutions that support their long-term financial well-being, while successfully cross-selling complimentary products and services that meet their needs.
• Identify and sell products and services, provide personalized financial education to enhance member experience, and achieve individual and departmental goals.
• Interview consumer loan and Visa applicants while providing information on products and services that best meet the applicant’s needs. Request, verify, and submit all appropriate information to Instant Decision, transfer any referred applications to underwriting and then deliver approval or denial of loan application after Instant Decision or Underwriter review.
• Gather, analyze, and interpret credit report data to identify potential financial risks and compile comprehensive findings that inform underwriters in making timely lending decisions based on a complete application, while ensuring compliance with all applicable regulations and internal policies are met. Maintain an understanding of credit risk through the member interview process and accurate application documentation to minimize organizational risk.
• Follow regulatory and lending policy requirements including the Bank Secrecy Act, Office of Foreign Asset Control, Anti-Money Laundering Regulations, Equal Opportunity Credit Act (ECOA), Fair Credit Reporting Act (FCRA), and Truth in Lending Act (TILA).
• Utilize thorough review of each member’s unique financial position during all member interactions to further develop relationships with members, prospects, and loan applicants, offering products and services with measurable success, identifying and closing loan opportunities and referring deposit and digital products.
• Engage with members and prospective members through community events to build relationships and grow the branch.
• Promote and guide members in using Credit Union technology, enhancing their experience and empowering members to manage their finances with ease and confidence.
• Engage in branch, organizational, and self-paced training to strengthen competencies within the role while building skills and abilities required for future growth and readiness.
• Review member interactions, applications, and account activity for red flags such as unusual activity, account access anomalies, and high-risk application indicators; ask clarifying questions to verify identity and intent; and promptly escalate concerns to the Fraud Department to ensure timely investigation and resolution, protecting both members and the Credit Union.
• Support cross‑departmental operational needs by performing designated tasks to enhance efficiency, maintain productivity, and contribute to service and growth across the Credit Union.
• Independently demonstrate fraud prevention responsibilities and engage and communicate with members and peers with confidence, communicate concerns clearly, support peers by sharing insights and promote fraud awareness to strengthen collective vigilance across the team.
• Consistently drive loan production by proactively identifying opportunities, recommending appropriate loan solutions and supporting products, and consistently meeting or exceeding established sales and origination goals.
• Analyze member behavior to identify emerging trends and patterns, proactively bringing insights forward for discussion to inform strategic decisions and enhance member experience.
• Identify and recommend opportunities to enhance efficiency by initiating conversations around process and procedure improvements, fostering a culture of innovation and operational excellence.
• Proactively identify gaps in team knowledge or performance related to processes, procedures, sales, or service; collaborate with leadership to design and deliver targeted training and support that builds confidence, improves execution, and drives consistent, high-quality member experiences.
• Independently demonstrate complex fraud prevention responsibilities using sound judgement and attention to detail, recognize emerging fraud patterns within the branch or market and collaborate with leadership to enhance the team’s awareness and response.
• Leverage data-driven insights to identify and analyze trends in member behavior, proactively initiating strategic discussions that influence decision-making, enhance member engagement, and drive continuous improvement across branch operations.
• Lead and optimize member service initiatives by developing training for team members and driving continuous improvement to elevate the overall member experience.
• Coach and mentor branch team members on developing effective sales skills and engaging in meaningful conversations about products and services to better meet member needs.

Benefits

• 100% Company-Paid Health, Dental, Vision, Life, and Long-Term Disability Premiums
• Up to 26 days of PTO within your first year
• Volunteer Time Off
• 11 Paid Holidays
• 401(k) with a company match
• Tuition Reimbursement
• Up to 12 Weeks of Paid Parental Leave

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED