Consumer Loan Officer
Temporary: Projected time frame 4 months;
Full time hours: 8:30 AM – 5:30 PM, with one hour unpaid lunch
Temporary, full-time position as a Consumer Loan Officer. Responsible and directly involved in all aspects of *Consumer Loan *interviewing, underwriting, and loan disbursements.
Responsibilities include soliciting, negotiating, and coordinating the closing of routine consumer loans. Spends more than 30% of the workday in solicitation of new business through sales skills and product knowledge of loan products. Communicates loan product offerings, encourages prospective applicant program inquiries and seeks to provide comprehensive information on the loan(s) best suited to prospective applicant's needs. Gathers all documentation required based upon the applicant's selected loan program including all disclosure requirements. Performs borrower qualification assessment and analysis of financial condition; assesses and evaluates the financing requests; orders and reviews credit; receives and verifies thorough completion of loan application; analyzes and qualifies applicant based on information provided; ensures that all documentation required for loan approval and/or funding is made available for timely processing, underwriting, and funding. Monitors approval, document drawing and funding dates to ensure compliance and applicable contracts. Position requires utilization of interpersonal and communication skills to generate referral business, leads, and create relationships with individual, existing clients, past clients, and Retail Installment Contract Vendors.
Qualifications include high school diploma, 4 plus years of related experience, training, education in loan origination. Good knowledge of MS Office software, including Word, Excel, Access, Outlook. Effective organizational and time management skills; 1 plus years' experience in Consumer Lending; 1-2 years' experience in the banking/financial industry; experience, knowledge, & training in underwriting activities and terminology; exceptional oral, written, and interpersonal communications skills; ability to comprehend and explain financial calculations & processing alternative; ability to make informal presentations, inside the organization; strong consumer service skills, problem solving skills and knowledge of credit products and services.