Loan Officer - Consort

Position Title:

Loan Officer/Loan Officer Trainee

Reports To:

Branch Manager/Assistant Branch Manager

The Loan Officer/Loan Officer Trainee, under the direction of the Branch Manager/Assistant Branch Manager, will examine, evaluate, and process loan applications for all member requests. The Loan Officer/Loan Officer Trainee will work within organizational constraints to provide appropriate funding options to members. The incumbent in this position will maintain member loan accounts, organize and update information as necessary, and report appropriate information to the Branch Manager/Assistant Branch Manager.

The Loan Officer/Loan Officer Trainee will carry out these duties while maintaining a strict adherence to all appropriate legislative regulations, credit union policies, and professional practices.

• Salary range $55,000 to $71,000 annually.
• Comprehensive benefits package.

SUBMIT RESUME AND COVER LETTER TO:
Human Resources
Vision Credit Union Ltd.
Corporate Office
5007 – 51 Street
Camrose, Alberta T4V 1S6
Fax

Only those individuals invited for an interview will be contacted.

• Meet with applicants to obtain information for loan applications and to answer questions about the application and loan disbursement process.
• Work with members to identify their personal or business financial goals and aid them in finding ways to reach their goals.
• Obtain and compile copies of loan applicant’s credit histories, corporate financial statements, and other financial information.
• Analyze applicants’ financial status, credit, and property evaluations to determine the feasibility of granting loans.
• Explain to members the different types of loans and credit options that are available, as well as the terms of those services.
• Improve loan applications and documentation by informing applicants of additional requirements and gather information as necessary.
• Approve loans within specified limits, reject loans by explaining deficiencies to applicants, and refer loan applications outside of the specified limits to management for consideration.
• Compute payment schedules.
• Complete loan documents by explaining provisions to applicants, obtaining signatures and notarizations, and collecting fees.
• Review and update loan documentation.
• Address member complaints and take appropriate action to remedy them.
• Negotiate payment arrangements with members who have delinquent loans.
• Prepare reports or letters to send to members whose accounts are delinquent, and forward irreconcilable accounts to the Branch Manager.
• Accurately scan loan documentation on a daily basis or as required.
• Adhere to all Vision Credit Union Ltd. policies and procedures.
• Follow all compliance policies and procedures in relation to Anti-Money Laundering and Anti-Terrorist Financing Guidelines.
• Assist Branch Manager/Assistant Branch Manager with other duties as assigned.

• High school diploma
• One or two years’ exposure of credit union or related financial experience.
• Ability to analyze and interpret the needs of clients and offer the appropriate options, solutions, and resolutions required.
• Ability to deal with people sensitively, tactfully, diplomatically, and professionally at all times.
• Exceptional conflict resolution, negotiation, and objection handling skills.
• Superior time management skills, multitasking skills, and the ability to prioritize tasks with minimal supervision.
• Well-developed mathematical and logical reasoning skills.
• Professional appearance and manners.
• High level of sound and independent judgement, reasoning, and discretion
• Ability to work well under pressure and meet set deadlines.
• Strong work ethic and positive team attitude.

We may very well be the right fit for you…and you for us.

We’re Vision Credit Union. Although we offer loans, deposits, financial planning service, RRSP’s, mutual funds, insurance products and other product that most F.I.’s are able to offer, we do things a little (some would say a lot) different at our “shop”.

Our focus is our 37,000 member-owners. We’re an organization based on principles over profit. If you are eager to launch a rewarding career with our organization, you will need to be…