Consumer Loan Officer jobs in Vermont
Consumer Loan Officer develops and services consumer loans. Interviews loan applicants to determine financing needs and to offer the appropriate loan products and repayment arrangements. Being a Consumer Loan Officer evaluates loan applications and applicant creditworthiness. Once a loan is approved and negotiated, monitors loan payments, and provides customer service to ensure the borrower's questions are answered and needs are met, and that the loan is repaid appropriately. Additionally, Consumer Loan Officer maintains accurate and thorough records, and follows all applicable organizational, state, and federal policies and regulations. Requires a high school diploma. Typically reports to a manager or head of a unit/department. The Consumer Loan Officer works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. To be a Consumer Loan Officer typically requires 1-3 years of related experience. (Copyright 2024 Salary.com)
Recently Added Consumer Loan Officer jobs
Consumer Loan Officer
- New England Federal Credit Union (NEFCU)
-
Williston, VT
PART_TIME
-
New England Federal Credit Union is looking for a Consumer Loan Officer to join the team! This position can be worked out of either our Williston or Montpelier branches. This role is responsible for analyzing and underwriting consumer loan applications received by the company. This position screens consumer loan applications to determines acceptability of the credit request based on the organizations predetermined lending guidelines and the ability for the borrower to repay the loan. This position takes loans requests over the phone, online, and handles pre-approval requests. Requires management of high-volume calls, management of lending queues and provides back up for indirect lending. Responsible for management of all lending inquiries and channels.
Specific Duties Include- Ensures that each approved application meets the company’s lending standards. The loan officer will underwrite and approve loans within the lending and pre-approval limits given to them in a pre- approved lending authority document and will use underwriting methodology by following the Consumer Lending policy and determining eligibility factors based on credit report and collateral values, employment history, tax forms, member assets, property value and other criteria.
- Maintain a knowledge of the direct, indirect, and green lending market by obtaining and reviewing competitor program information as needed. Looking for member solutions that serve the best interests of the member and the credit union. Maintain strict confidentiality practices for the protection and care of credit union members.
- Underwrite direct, indirect, and green loan applications according to policy and regulations. Underwrite small business loans according to policy and regulation. Help advance processors knowledge base and look to resolve/prevent fraud.
- Monitor assigned pipeline, keeping up on the tasks required between approval and closing to meet all program and service guidelines. Focus on providing excellent member, dealer, and vendor experience.
- Reach out to previous borrowers to review the mission of NEFCU, offer any new products and services that may be beneficial. Close any lending product and refer deposition offerings to the appropriate channel. Meet stated solution goals as part of NEFCU’s member relationship development culture. Look for cross-sell opportunities to expand relationships. Look to be an advocate for member and subject matter experts for internal and external teams.
- Provide back up as needed to the Consumer Lending Support staff by obtaining documentation to aid in processing and disbursing Direct, Indirect loans and assisting with Green Loan handling and producing daily and monthly loan reports.
- Three years to five years of similar or related experience, including preparatory experience in a financial institution including one to two years consumer lending experience or other comparable combination of education and experience.
- Familiarity with credit union products and operations in consumer lending. Experience with consumer lending software; processing and underwriting software required.
- Strong organizational, multi-tasking, data and information management, writing and member service skills.
- Strong written and verbal professional communication skills.
- Ability to work cooperatively with others, work efficiently and provide accuracy in a fast-paced environment.
Compensation details: 26.07-30.67 Hourly Wage
PI5eff5fe6fb4e-35196-34479996 - 4 Days Ago
Consumer Loan Officer
- New England Federal Credit Union (NEFCU)
-
Saint George, VT
PART_TIME
- New England Federal Credit Union is looking for a Consumer Loan Officer to join the team! This position can be worked out of either our Williston or Montpelier branches. This role is responsible for a...
- 10 Days Ago
Consumer Loan Call Center Processor
- Vermont Federal Credit Union
-
South Burlington, VT
FULL_TIME
- Vermont Federal Credit Union values each individual and their unique abilities and strengths to help form the foundation of Vermont Federals' culture. Our employees are at the core of Vermont Federal ...
- 1 Month Ago
Branch Loan Officer
- Vermont Federal Credit Union
-
South Burlington, VT
FULL_TIME
- Vermont Federal Credit Union values each individual and their unique abilities and strengths to help form the foundation of Vermont Federals' culture. Our employees are at the core of Vermont Federal ...
- Just Posted
Branch Loan Officer
- Vermont Federal Credit Union
-
Saint Albans, VT
FULL_TIME
- Vermont Federal Credit Union values each individual and their unique abilities and strengths to help form the foundation of Vermont Federals' culture. Our employees are at the core of Vermont Federal ...
- 1 Month Ago
Commercial Loan Officer- Location TBD
- COMMUNITY NATIONAL BANK
-
Derby, VT
FULL_TIME
- Commercial Loan Officer- Within Community National Bank's service area. Community National Bank seeks an experienced Commercial Loan Officer. Successful candidate will focus on growing a commercial po...
- 16 Days Ago
Consumer Loan Officer jobs at Popular Companies
Consumer Loan Officer
- Clearwater Credit Union
-
Great Falls, MT
- Job Description Job Description Are you looking for a role that empowers you to help others and create a worthwhile impa...
- 6/11/2024 12:00:00 AM
Member Service Representative
- AgGeorgia Farm Credit
-
Royston, GA
- Job Description At AgGeorgia Farm Credit, we strive to build an inclusive team of employees and leverage our unique stre...
- 6/11/2024 12:00:00 AM
Consumer Loan Officer
- Frontline Recruit
-
Grand Forks, ND
- Our client bank is seeking a great personal/consumer lender to join their organization. The position will help oversee t...
- 6/10/2024 12:00:00 AM
Consumer Loan Officer - Personal Banker
- Towpath Credit Union
-
Fairlawn, OH
- Job Description Job Description Towpath Credit Union is here for you when your dreams need us! We have a fantastic oppor...
- 6/10/2024 12:00:00 AM
Consumer Loan Processor II
- Town & Country Federal Credit Union
-
Scarborough, ME
- Consumer Loan Processor II We are looking for a highly motivated individual interested in joining one of the most innova...
- 6/8/2024 12:00:00 AM
Consumer Underwriter
- TBK Bank, SSB
-
East Moline, IL
- Join TBK Bank! At TBK Bank, a member of the Triumph Financial portfolio of brands, we're a team of passionate, driven, c...
- 6/8/2024 12:00:00 AM
Consumer Loan Officer
- Farm Credit of Western AR
-
Tontitown, AR
- Job Description Job Description Incumbent manages and grows an assigned portfolio of loans that meet profitability and c...
- 6/7/2024 12:00:00 AM
Consumer Loan Underwriter
- ALTAONE FEDERAL CREDIT UNION
-
Ridgecrest, CA
- Job Details Job Location Ridgecrest Corporate Back Office - Ridgecrest, CA Remote Type Optional Work from Home Position ...
- 6/7/2024 12:00:00 AM
About Vermont
Vermont is located in the New England region of the Northeastern United States and comprises 9,614 square miles (24,900 km2), making it the 45th-largest state. It is the only state that does not have any buildings taller than 124 feet (38 m). Land comprises 9,250 square miles (24,000 km2) and water comprises 365 square miles (950 km2), making it the 43rd-largest in land area and the 47th in water area. In total area, it is larger than El Salvador and smaller than Haiti. It is the only landlocked state in New England, and it is also the easternmost and the smallest in area of all landlocked sta...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Consumer Loan Officer jobs
$47,614 to $61,074
Most Popular Cities in Vermont for Consumer Loan Officer Jobs
What does a Consumer Loan Officer do?
Consumer Loan Officer in Appleton, WI
After the underwriting software produces a recommendation, loan officers review the output of the software and consider any additional information to make a final decision.
January 19, 2020
Consumer Loan Officer in Phoenix, AZ
This is a fully experienced Consumer Lender able to analyze more complex loans.
February 24, 2020
Consumer Loan Officer in Richmond, VA
However, the loan officer is still needed to guide applicants through the process and to handle cases with unusual circumstances.
December 04, 2019