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Logix Federal Credit Union · 1 month ago

Consumer Loan Credit Officer III-Hybrid

Santa Clarita, CA

Full-time

Hybrid

Mid, Senior Level

$33.02/hr - $49.53/hr

4+ years exp

Logix Federal Credit Union is a financial institution focused on providing services to its members. They are seeking a Consumer Loan Credit Officer III to evaluate credit needs, make complex loan decisions, and coach loan officers on lending policies and practices.

BankingFinancial ServicesInsuranceLendingMortgage

Culture & Values

Responsibilities

Reviews and “decisions” loan applications including those falling outside the matrix for Loan Officers

Combines credit scoring and sound judgment to make lending decisions for the benefit of the membership

Maintains standards in loan quality, member service, and audit integrity and compliance areas

Contributes to evaluating and recommending improvements to department functions (LOS, processes, policy, etc) Coaches and mentors Loan Officers on the interviewing of members and underwriting decision process

Develops and utilizes resources to identify, prevent, and correct all areas of loan quality, Loan Officer training, and account integrity

Provides advice and assistance to members and employees on budget counseling, consolidations, loan extensions, pay methods, and other areas relating to their financial needs

Explains reasons for denial and explore options for members when loans are denied

Assists members and employees with the loan process and all underwriting issues

Assists in the development of new programs and methods to improve member services and save money for the Credit Union; implements new loan products and services in accordance with management direction

Inputs applications, completes decision process, sets up funding instructions, and submits files for funding

Ensures that loans are reviewed, decisioned, and processed within established LFCU policies and procedures, as well as federal and state guidelines

Troubleshoots problems loans submitted by various delivery channels and collaborates with management and staff to resolve issues

Provides necessary counseling to internal and external customers regarding loan decisions, policies, procedures, and guidelines

Provides prompt, efficient, and courteous service to both members and co-workers

Reviews funded loans and prepares assessments as directed by management

Cross-sells products and services offered at the credit union, when appropriate

Identifies cross-sell opportunities and coaches junior loan officers on same

Validates and develops policies and procedures in line with Credit Union strategic planning

Works within and directly impacts their function, occasionally interacts with other departments

Qualification

Credit report analysisConsumer lending knowledgeLoan underwriting experienceNCUA regulations knowledgeMicrosoft Office proficiencySupervisory experienceTraining experienceProject contribution

Required

Bachelor's degree preferred

A minimum of 4-6 years' experience in a financial institution in a consumer loan officer or underwriter capacity dealing with direct and indirect loans, credit cards, and personal loan, with progressive limits

Thorough understanding of credit reports and how to interpret the data

Working knowledge of NCUA regulations, consumer lending, loan collection concepts, and practices

Working knowledge of the Microsoft suite of office products