Consumer Loan Officer
Listed on 2026-02-12
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Finance & Banking
Banking & Finance, Loan Officer, Financial Sales, Banking Operations
3 weeks ago Be among the first 25 applicants
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Why join Straits Area Federal Credit Union?Here at SAFCU, we take pride in giving our members the best experience and service available. In order to achieve our goal, we understand that it starts with our employees. For this reason, we have created an atmosphere that allows each employee to reach their highest potential and set them up for success in the future.
Purpose of a Loan OfficerEffectively establish relationships with members, identify their needs and wants, then offer appropriate solutions in a way that exhibits value along with the risks and benefits.
Duties of a Loan Officer- Process loan and/or visa applications by evaluating applicant information and documentation either in person or electronically.
- Consult with members about their lending needs to help them achieve their goals while analyzing their creditworthiness.
- Evaluate loan applications and documentation, requesting any additional information needed for making a solid loan decision.
- Prepare notes regarding the loan application and submit timely and accurate loan applications to the underwriter(s) for review.
- Collect closing information needed for the loan closing process.
- Help customers by answering questions and responding to requests.
- Maintain member confidence by keeping loan information confidential.
- Promote loan products and meet monthly loan goals.
- Maintain knowledge of lending regulations, the economy, and rates.
Qualifications & Skills
- Negotiation skills
- Willingness to ask difficult questions
- Ability to work under pressure
- Multitasking many applications simultaneously
- Strong computer skills
- Willingness to learn new programs
- Excellent written and verbal communication skills
- Ability to work both in a team and independently
Credit Life and Credit Disability Insurance as well as Financial Counseling. These are not required before hiring and will be provided through the Credit Union.
Benefits of working at Straits Area Federal Credit Union- Competitive pay with opportunities for annual raises, promotions, and bonuses
- Substantial 401k contributions
- Free individual health insurance
- Promotion from within whenever possible
- Active involvement in community events and organizations
- Entry level
- Full-time
- Finance and Sales
- Internet Publishing
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