Loan Officer - University of NE Federal Credit Union

Job Description

Job Description

Salary : $20.24 - $30.36 per hour

Company

University of NE Federal Credit Union

About Us

The University of Nebraska Federal Credit Union (NUFCU) is dedicated to serving our members with integrity, professionalism, and care. We provide a supportive work environment where our team members can thrive while making a meaningful impact in the lives of our members.

Role Overview

We are seeking a Loan Officer to join our Member Services team. This role assist members with their borrowing needs; analyze loan requests and make decisions based on lending policy. A Loan Officer will provide Information and assistance to members about credit union products and services.

Key Responsibilities

• Interviews loan applicants to develop information concerning their loan needs, earnings, and financial condition. Explains loan programs and recommends loan options.
• Analyzes member's current financial position to determine the degree of risk involved in extending credit. Makes decision to approve, deny, or forward the loan request to higher levels for decision. Underwrites loans for Member Service Representatives.
• Establishes terms and conditions of an approved loan and reviews them with the member.
• Identifies cross-sell opportunities and cross-sells services to members.
• Prepares and / or reviews loan documents for completeness and accuracy.
• Assists with delinquency control and collection activity.
• Assists members with savings, certificates, IRA accounts, checking accounts, and other credit union products and services.
• Authorizes release of collateral on existing loans, changes in loan terms, waivers of payments, due date change, etc.
• Keeps informed of consumer credit laws and regulations and trends in consumer credit.

Performance Expectations

Qualifications

Experience : 1-3 years of similar or related experience.

Education :

Skills & Attributes :

Why Join NUFCU?

Job Type : Full-time

Work Location : In person