Consumer Lending Loan Officer

Signal Financial Federal Credit Union
Kensington, MD
May 19, 2017
May 29, 2017
Full Time
Consumer Lending Loan Officer Kensington MD Process underwrite and close consumer loans by gathering and analyzing documentation Facilitate the movement of those loans from application through closing as efficiently and timely as possible Ensure administrative and operational compliance with regulatory requirements and credit union policies and procedures are followed Position Responsibilities Processing Prepare and provide accurate timely loan disclosures as applicable throughout the loan process ensuring compliance with all regulatory investor and or SFFCU requirements Collect documentation needed to complete the processing of the loan file in an accurate and timely manner Verify and analyze documentation received to determine adherence to SFFCU consumer loan underwriting guidelines and regulatory requirements Interact closely with branch staff and borrowers to provide regular updates to achieve goals for production time pull through and member satisfaction Underwriting Verify and analyze loan application credit and documentation received to determine adherence to SFFCU consumer loan underwriting guidelines and regulatory requirements Based on that analysis approve counter offer denyor refer loan to supervisor for further review Closing Ensure all loan system data dates and reporting criteria are complete and accurate Coordinate with the borrower branch staff and or dealer to order process and schedule loan closings Prepare and send accurate timely loan closing documents Pipeline monitoring and communications Regularly monitor individual pipeline to ensure timely moving of files to meet various deadlines including but not limited to preapproval closings pull through and member satisfaction Regularly gather information and update all parties involved department management branch staff dealers etc on status of loans to achieve various department goals Position Requirements High School Diploma or GED required College degree preferred Two to five years of consumer loan operations experience Familiarity with consumer loan origination systems and processing softwareExperience using ELA and Symitar preferred Thorough knowledge of consumer lending guidelines as well as banking credit union lending policies procedures and regulations Proficiency with Microsoft office suite including Outlook Word and Excel Ability to learn and work in a fast paced work environment Ability to multitask and prioritize work Attention to detail Excellent oral and written communication skills Strong analytical decision making ability