Loan Officer

Minimum Qualifications

High school diploma or equivalent and four years of directly related experience. An equivalent combination of education and experience may be considered.

Preferred Qualifications Job Description Summary The University of South Alabama’s Credit Union is seeking to hire a Loan Officer.

Interested candidates should apply to be considered.

Essential Functions These are the job duties required of the position. Essential Functions

• Assumes responsibility for processing loan requests and making sound judgement on granting loans to members, within the limits of established policies, legal requirements, and delegated authority.
• Prepares loan documents, disburses loans, and files / maintains loan information as needed.
• Denies loans that do not meet loan approval policies and mails the appropriate notices.
• Processes automobile and boat titles and submits them to the State of Alabama.
• Maintains current titles and UCC-1s on existing loans.
• Monitors collateral protection insurance on secured loans.
• Processes collection actions on past-due loans, VISAs, and overdrawn share accounts.
• Documents all in-house collection activity.
• Determines if a collection account is place with a collection agency, repossession agency, or attorney as needed.
• Regular and prompt attendance.
• Ability to work schedule as defined and overtime hours as required.
• Related duties as required.

Posting Information

Benefits

Paid Time Off (PTO) Health Insurance Short Term Disability Life Insurance Education Benefit Retirement Plan Memberships and Events Student Loan Forgiveness Paid Time Off (PTO) Employees earn paid time off (PTO) as they work.

PTO can be used for vacation, holidays, sick days and personal days. Each year, employees can choose to cash out up to 80 hours of available PTO the following calendar year.

Health Insurance New employees health, dental, and pharmacy benefits are effective the first day of the month following hire date.

Short Term Disability This free benefit provides income support for those who are out of work for a medical reason, such as illness, accident or maternity.

After a seven-day waiting period, it provides a 60-percent wage replacement, up to $1,000 per week for 90 days. Life Insurance USA Health provides a free term life insurance policy for our employees based on annual salary.

Policies for spouse and dependents are also included. Additional coverage can be purchased for employee, spouse and dependents.

Education Benefit University of South Alabama offers a credit on tuition each semester for employees, spouse, and dependents after just six months of employment.

Retirement Plan USA Health offers a 5% matching retirement account and other non-matching account choices. Included with this benefit is a free individual session with a financial planner.

Memberships and Events Employees can join USA’s state-of-the-art recreation center for a nominal fee. USA football season tickets are available at a discount, and employees can attend all other USA sporting events for free.

Student Loan Forgiveness As an employee of a government or not-for-profit organization, you may be eligible for the Public Service Loan Forgiveness Program through the U.S. Department of Education.