Real Estate Loan Officer

Canopy Credit Union is looking for a purpose driven individual to join our creative community as a Real Estate Loan Officer.

If you are someone who is passionate about growing a happier and healthier community through financial inclusion, we encourage you to join the Canopy team by applying today!

This position is primarily located at our Downtown branch.

• Wage: $26.50 - $31.50/hr + monthly incentives - DOE
• $1.00/hr wage premium paid to bi-lingual employees.

Canopy was recently named the 10th Best Credit Union to Work for in the Nation by American Banker.

This accomplishment is possible because of our commitment to our core values:

• We embrace what makes us different: We honor everyone’s’ journey and welcome new ideas. We’re a place where your story matters
• Becoming is better than being: Growth happens when we try new things and don’t allow the fear of failure to hold us back
• Curiosity welcomed: We don’t ask “can we?” rather, “how can we?”
• Canopy serves: We believe that our level of success is directly proportional to how many lives we touch
• Fun is who we are: We are a fun, playful, and hardworking family committed to the growth of each other, our members and our community

By becoming a part of the Canopy team, here are some of the perks you will get to look forward to:

• Competitive pay
• Monthly cash incentives based off production
• Options for individual medical, dental, and vision insurance coverage at NO cost to the employee
• 401k match of 7%
• PTO with Paid Sabbatical Program
• Career Development: certifications, webinars, in house training's, job shadowing -- these are all options we offer to support you in your career path
• Opportunity to work with some of the leading technology in the financial services industry
• Office putt putt competitions, potlucks, meme sharing, BINGO, just to name a few!

Job Duties:

The Real Estate Loan Officer helps members navigate mortgage & home equity loan applications, generates new lending & deposit relationships, and provides guidance through the mortgage and home equity loan process in developing full-service member relationships.

Embrace Canopy’s Service Standard:
Make your moments matter

o Care More
o Give More
o Know More

Sales and Cross-Selling:

• Meets Real Estate sales goals through in-house referrals and/or outbound relationship building.
• Promote additional credit union products and services to existing members (e.g., insurance, credit cards, savings accounts).
• Meet sales goals by identifying opportunities to cross-sell financial products.

Loan Processing:

• Review loan applications and verify accuracy and completeness of the documentation.
• Assess applicants’ creditworthiness by analyzing credit reports, financial statements, and other relevant information.
• Make loan recommendations based on creditworthiness, loan policies, and financial regulations.
• Ensure all loan documentation is complete and compliant with legal and regulatory requirements.

Member Service:

• Advise members on suitable loan products based on their needs and financial situation.
• Maintain strong relationships with members by providing excellent service in alignment with the Canopy service standard and addresses member inquiries.
• Provide guidance on the loan application process and help members with any challenges they encounter.
• Follow up with members on loan status and ensure timely disbursement of funds once loans are approved.

Loan Approvals and Denials:

• Communicate loan decisions to members and provide clear explanations of the reasoning behind approvals or denials.

Risk Assessment:

• Conduct a thorough analysis of an applicant's financial status, including income, credit history, and other relevant financial data.
• Ensure proper risk management by recommending loan products & terms that align with the credit union’s risk tolerance and policies.

Compliance and Regulations:

• Ensure that all loan products and services adhere to federal, state, and credit union regulations.
• Stay updated on changes in lending laws, regulations, and industry best practices to maintain compliance.
• Must comply with applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets…